First Trust Consumer Staples AlphaDEX Fund
FXG
146 hedge funds and large institutions have $1.75B invested in First Trust Consumer Staples AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 56 increasing their positions, 63 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
0.83% more ownership
Funds ownership: 74.17% → 75% (+0.83%)
1% less funds holding
Funds holding: 148 → 146 (-2)
7% less capital invested
Capital invested by funds: $1.88B → $1.75B (-$130M)
11% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 63
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$16.3M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$12.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.99M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$7.02M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$5.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$28.9M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$25.5M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$13.5M |
| 4 |
Goldman Sachs
New York
|
-$12M |
| 5 |
LPL Financial
San Diego,
California
|
-$7.73M |
FXG Hedge Fund Activity: Q3 2016 in Review
146 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Staples AlphaDEX Fund (FXG) for Q3 2016, worth a combined $1.75B — down 6.9% from $1.88B a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FXG positions and 10 closed out — a net gain of 1 holder — while 56 added to existing stakes and 63 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $16.3M. The largest seller was Morgan Stanley, cutting an estimated $28.9M.
- 146 institutional investors held First Trust Consumer Staples AlphaDEX Fund (FXG) as of Q3 2016, down from 148 in Q2 2016.
- Funds reported $1.75B of First Trust Consumer Staples AlphaDEX Fund stock for Q3 2016, down 6.9% quarter-over-quarter.
- 11 funds opened new First Trust Consumer Staples AlphaDEX Fund positions in Q3 2016 and 10 closed out, a net change of +1 holder.
- The largest First Trust Consumer Staples AlphaDEX Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $16.3M added.
- The largest First Trust Consumer Staples AlphaDEX Fund seller in Q3 2016 was Morgan Stanley, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2016.