First Trust Consumer Discretionary AlphaDEX Fund
FXD
97 hedge funds and large institutions have $185M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 30 increasing their positions, 29 reducing their positions, and 26 closing their positions.
63% more call options, than puts
Call options by funds: $799K | Put options by funds: $491K
3% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 29
2.29% less ownership
Funds ownership: 60.34% → 58.05% (-2.3%)
7% less funds holding
Funds holding: 104 → 97 (-7)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
25% less capital invested
Capital invested by funds: $246M → $185M (-$61.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.92M |
| 2 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$4.44M |
| 3 |
CF
Centaurus Financial
Anaheim,
California
|
+$3.12M |
| 4 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
+$1.91M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$15.7M |
| 2 |
Morgan Stanley
New York
|
-$10.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.85M |
| 4 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$5.03M |
| 5 |
KCM
Karp Capital Management
Sausalito,
California
|
-$3.46M |
FXD Hedge Fund Activity: Q4 2018 in Review
97 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q4 2018, worth a combined $185M — down 25% from $246M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FXD and 20 opened new positions — a net loss of 6 holders — while 29 trimmed existing stakes and 30 added.
The largest buyer was Credit Suisse, adding an estimated $9.92M. The largest seller was Wells Fargo, cutting an estimated $15.7M.
- 97 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q4 2018, down from 104 in Q3 2018.
- Funds reported $185M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q4 2018, down 25% quarter-over-quarter.
- 20 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q4 2018 and 26 closed out, a net change of -6 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q4 2018 was Credit Suisse, an estimated $9.92M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q4 2018 was Wells Fargo, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2018.