First Trust Consumer Discretionary AlphaDEX Fund
FXD
145 hedge funds and large institutions have $1.25B invested in First Trust Consumer Discretionary AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 49 increasing their positions, 38 reducing their positions, and 10 closing their positions.
150% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 38
13% more capital invested
Capital invested by funds: $1.11B → $1.25B (+$143M)
12% more funds holding
Funds holding: 130 → 145 (+15)
1.38% less ownership
Funds ownership: 90.23% → 88.85% (-1.4%)
95% less call options, than puts
Call options by funds: $1.89M | Put options by funds: $36.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$13M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$9.43M |
| 3 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$9.35M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$7.12M |
| 5 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
+$6.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$12.7M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$10.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.67M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$2.12M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.1M |
FXD Hedge Fund Activity: Q2 2023 in Review
145 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Discretionary AlphaDEX Fund (FXD) for Q2 2023, worth a combined $1.25B — up 13% from $1.11B a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FXD positions and 10 closed out — a net gain of 15 holders — while 49 added to existing stakes and 38 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $13M. The largest seller was Goldman Sachs, cutting an estimated $12.7M.
- 145 institutional investors held First Trust Consumer Discretionary AlphaDEX Fund (FXD) as of Q2 2023, up from 130 in Q1 2023.
- Funds reported $1.25B of First Trust Consumer Discretionary AlphaDEX Fund stock for Q2 2023, up 13% quarter-over-quarter.
- 25 funds opened new First Trust Consumer Discretionary AlphaDEX Fund positions in Q2 2023 and 10 closed out, a net change of +15 holders.
- The largest First Trust Consumer Discretionary AlphaDEX Fund buyer in Q2 2023 was Morgan Stanley, an estimated $13M added.
- The largest First Trust Consumer Discretionary AlphaDEX Fund seller in Q2 2023 was Goldman Sachs, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2023.