First Trust Consumer Discretionary AlphaDEX Fund
FXD
102 hedge funds and large institutions have $249M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 29 reducing their positions, and 14 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 29
24% more capital invested
Capital invested by funds: $201M → $249M (+$48.7M)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
6.59% more ownership
Funds ownership: 60.36% → 66.95% (+6.6%)
2% more funds holding
Funds holding: 100 → 102 (+2)
79% less call options, than puts
Call options by funds: $92K | Put options by funds: $431K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$19.2M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$12.3M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.24M |
| 4 |
AA
Advisory Alpha
Holland,
Michigan
|
+$2.76M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.4M |
| 2 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
-$1.98M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.77M |
| 4 |
W
WealthOne
Albany,
New York
|
-$1.22M |
| 5 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$1.22M |
FXD Hedge Fund Activity: Q2 2019 in Review
102 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q2 2019, worth a combined $249M — up 24% from $201M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXD positions and 14 closed out — a net gain of 3 holders — while 37 added to existing stakes and 29 trimmed.
The largest buyer was Fulcrum Equity Management, opening a new position worth an estimated $19.2M. The largest seller was Bank of America, cutting an estimated $2.4M.
- 102 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q2 2019, up from 100 in Q1 2019.
- Funds reported $249M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q2 2019, up 24% quarter-over-quarter.
- 17 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q2 2019 and 14 closed out, a net change of +3 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q2 2019 was Fulcrum Equity Management, an estimated $19.2M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q2 2019 was Bank of America, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2019.