First Trust Consumer Staples AlphaDEX Fund
FXG
147 hedge funds and large institutions have $460M invested in First Trust Consumer Staples AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 49 increasing their positions, 60 reducing their positions, and 15 closing their positions.
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
0.61% less ownership
Funds ownership: 68.28% → 67.67% (-0.61%)
1% less funds holding
Funds holding: 148 → 147 (-1)
4% less capital invested
Capital invested by funds: $480M → $460M (-$20.4M)
18% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 60
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIIFS
Harel Insurance Investments & Financial Services
Ramat Gan,
Israel
|
+$22.7M |
| 2 |
Morgan Stanley
New York
|
+$5.82M |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$3.76M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.34M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$15.4M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$12.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.25M |
| 4 |
CWP
Cyndeo Wealth Partners
St. Petersburg,
Florida
|
-$5.7M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.39M |
FXG Hedge Fund Activity: Q1 2023 in Review
147 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Consumer Staples AlphaDEX Fund (FXG) for Q1 2023, worth a combined $460M — down 4.3% from $480M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXG positions and 15 closed out — a net gain of 2 holders — while 49 added to existing stakes and 60 trimmed.
The largest buyer was Harel Insurance Investments & Financial Services, adding an estimated $22.7M. The largest seller was Virtue Capital Management, exiting entirely with an estimated $15.4M sold.
- 147 institutional investors held First Trust Consumer Staples AlphaDEX Fund (FXG) as of Q1 2023, down from 148 in Q4 2022.
- Funds reported $460M of First Trust Consumer Staples AlphaDEX Fund stock for Q1 2023, down 4.3% quarter-over-quarter.
- 17 funds opened new First Trust Consumer Staples AlphaDEX Fund positions in Q1 2023 and 15 closed out, a net change of +2 holders.
- The largest First Trust Consumer Staples AlphaDEX Fund buyer in Q1 2023 was Harel Insurance Investments & Financial Services, an estimated $22.7M added.
- The largest First Trust Consumer Staples AlphaDEX Fund seller in Q1 2023 was Virtue Capital Management, an estimated $15.4M sold.
Based on aggregated 13F filings for Q1 2023.