First Trust Consumer Staples AlphaDEX Fund
FXG
94 hedge funds and large institutions have $207M invested in First Trust Consumer Staples AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 37 increasing their positions, 30 reducing their positions, and 18 closing their positions.
26% more capital invested
Capital invested by funds: $164M → $207M (+$42.9M)
23% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 30
6.1% more ownership
Funds ownership: 50.34% → 56.44% (+6.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less funds holding
Funds holding: 107 → 94 (-13)
67% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIFH
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
|
+$52.7M |
| 2 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$4.11M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$2.71M |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$2.02M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$11.8M |
| 2 |
Morgan Stanley
New York
|
-$9.52M |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$4.21M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.81M |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Jane Street
New York
| – | -$460K | -10,081 | Closed |
|
|
MA
102
Mutual Advisors
Omaha,
Nebraska
| – | -$400K | -8,761 | Closed |
|
|
GIA
103
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$253K | -5,542 | Closed |
|
104
Bank of New York Mellon
New York
| – | -$207K | -4,531 | Closed |
|
|
RCAG
105
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$194K | -4,257 | Closed |
|
|
CF
106
Centaurus Financial
Anaheim,
California
| – | -$187K | -4,105 | Closed |
|
|
CAC
107
Certified Advisory Corp
Altamonte Springs,
Florida
| – | -$131K | -2,870 | Closed |
|
|
LWANC
108
Laurel Wealth Advisors (North Carolina)
Charlotte,
North Carolina
| – | -$8K | -176 | Closed |
|
|
GRP
109
Global Retirement Partners
San Rafael,
California
| – | -$7K | -156 | Closed |
|
|
TFA
110
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$7K | -144 | Closed |
|
|
FGAM
111
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$1K | -11 | Closed |
|
FXG Hedge Fund Activity: Q3 2019 in Review
94 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Staples AlphaDEX Fund (FXG) for Q3 2019, worth a combined $207M — up 26% from $164M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FXG and 6 opened new positions — a net loss of 12 holders — while 30 trimmed existing stakes and 37 added.
The largest buyer was Migdal Insurance & Financial Holdings, opening a new position worth an estimated $52.7M. The largest seller was Navellier & Associates, exiting entirely with an estimated $11.8M sold.
- 94 institutional investors held First Trust Consumer Staples AlphaDEX Fund (FXG) as of Q3 2019, down from 107 in Q2 2019.
- Funds reported $207M of First Trust Consumer Staples AlphaDEX Fund stock for Q3 2019, up 26% quarter-over-quarter.
- 6 funds opened new First Trust Consumer Staples AlphaDEX Fund positions in Q3 2019 and 18 closed out, a net change of -12 holders.
- The largest First Trust Consumer Staples AlphaDEX Fund buyer in Q3 2019 was Migdal Insurance & Financial Holdings, an estimated $52.7M added.
- The largest First Trust Consumer Staples AlphaDEX Fund seller in Q3 2019 was Navellier & Associates, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2019.