First Trust Consumer Discretionary AlphaDEX Fund
FXD
110 hedge funds and large institutions have $919M invested in First Trust Consumer Discretionary AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 43 increasing their positions, 23 reducing their positions, and 7 closing their positions.
214% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 7
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
87% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 23
24% more capital invested
Capital invested by funds: $740M → $919M (+$179M)
16% more funds holding
Funds holding: 95 → 110 (+15)
2.87% less ownership
Funds ownership: 87.11% → 84.24% (-2.9%)
68% less call options, than puts
Call options by funds: $1.26M | Put options by funds: $3.93M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$21.4M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$16.7M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$13.6M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$13.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$11.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$26.7M |
| 2 |
Goldman Sachs
New York
|
-$12.6M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$7.31M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$2.07M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$2.07M |
FXD Hedge Fund Activity: Q3 2020 in Review
110 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q3 2020, worth a combined $919M — up 24% from $740M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FXD positions and 7 closed out — a net gain of 15 holders — while 43 added to existing stakes and 23 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $21.4M. The largest seller was First Trust Advisors, cutting an estimated $26.7M.
- 110 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q3 2020, up from 95 in Q2 2020.
- Funds reported $919M of First Trust Consumer Discretionary AlphaDEX Fund stock for Q3 2020, up 24% quarter-over-quarter.
- 22 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q3 2020 and 7 closed out, a net change of +15 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q3 2020 was Morgan Stanley, an estimated $21.4M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q3 2020 was First Trust Advisors, an estimated $26.7M sold.
Based on aggregated 13F filings for Q3 2020.