First Trust Consumer Staples AlphaDEX Fund
FXG
85 hedge funds and large institutions have $128M invested in First Trust Consumer Staples AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 39 reducing their positions, and 6 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
8% more funds holding
Funds holding: 79 → 85 (+6)
7% more capital invested
Capital invested by funds: $120M → $128M (+$8.74M)
2.46% more ownership
Funds ownership: 47.87% → 50.32% (+2.5%)
59% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$5.71M |
| 2 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$5.42M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$4.81M |
| 4 |
SWM
Strategic Wealth Management
Kirkland,
Washington
|
+$2.57M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$856K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$6.12M |
| 2 |
Morgan Stanley
New York
|
-$1.88M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.66M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.64M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.25M |
FXG Hedge Fund Activity: Q3 2020 in Review
85 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Staples AlphaDEX Fund (FXG) for Q3 2020, worth a combined $128M — up 7.3% from $120M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXG positions and 6 closed out — a net gain of 6 holders — while 16 added to existing stakes and 39 trimmed.
The largest buyer was Navellier & Associates, opening a new position worth an estimated $5.71M. The largest seller was Financial Enhancement Group, exiting entirely with an estimated $6.12M sold.
- 85 institutional investors held First Trust Consumer Staples AlphaDEX Fund (FXG) as of Q3 2020, up from 79 in Q2 2020.
- Funds reported $128M of First Trust Consumer Staples AlphaDEX Fund stock for Q3 2020, up 7.3% quarter-over-quarter.
- 12 funds opened new First Trust Consumer Staples AlphaDEX Fund positions in Q3 2020 and 6 closed out, a net change of +6 holders.
- The largest First Trust Consumer Staples AlphaDEX Fund buyer in Q3 2020 was Navellier & Associates, an estimated $5.71M added.
- The largest First Trust Consumer Staples AlphaDEX Fund seller in Q3 2020 was Financial Enhancement Group, an estimated $6.12M sold.
Based on aggregated 13F filings for Q3 2020.