First Trust Consumer Discretionary AlphaDEX Fund
FXD
77 hedge funds and large institutions have $91.7M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 13 increasing their positions, 39 reducing their positions, and 40 closing their positions.
17% more call options, than puts
Call options by funds: $281K | Put options by funds: $241K
6.17% less ownership
Funds ownership: 63.56% → 57.39% (-6.2%)
29% less funds holding
Funds holding: 109 → 77 (-32)
62% less capital invested
Capital invested by funds: $242M → $91.7M (-$150M)
67% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 39
73% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 40
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.38M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.53M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.29M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$526K |
| 5 |
Renaissance Technologies
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$15.1M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$12.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.28M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.06M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.9M |
FXD Hedge Fund Activity: Q1 2020 in Review
77 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q1 2020, worth a combined $91.7M — down 62% from $242M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FXD and 11 opened new positions — a net loss of 29 holders — while 39 trimmed existing stakes and 13 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.38M. The largest seller was Fulcrum Equity Management, exiting entirely with an estimated $15.1M sold.
- 77 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q1 2020, down from 109 in Q4 2019.
- Funds reported $91.7M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q1 2020, down 62% quarter-over-quarter.
- 11 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q1 2020 and 40 closed out, a net change of -29 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $3.38M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q1 2020 was Fulcrum Equity Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2020.