First Trust Health Care AlphaDEX Fund
255 hedge funds and large institutions have $891M invested in First Trust Health Care AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 89 increasing their positions, 73 reducing their positions, and 19 closing their positions.
2,910% more call options, than puts
Call options by funds: $1.5M | Put options by funds: $50K
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
22% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 73
11% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 19
0.08% less ownership
Funds ownership: 57.59% → 57.51% (-0.08%)
1% less capital invested
Capital invested by funds: $898M → $891M (-$6.35M)
2% less funds holding
Funds holding: 259 → 255 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$4.68M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.25M |
| 4 |
PFG
Prosperity Financial Group
San Ramon,
California
|
+$4.17M |
| 5 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
+$3.97M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$15.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$10.4M |
| 3 |
Morgan Stanley
New York
|
-$7.68M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$2.92M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$2.77M |
FXH Hedge Fund Activity: Q1 2023 in Review
255 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2023, worth a combined $891M — down 0.71% from $898M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXH positions and 19 closed out — a net gain of 2 holders — while 89 added to existing stakes and 73 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11M. The largest seller was Virtue Capital Management, cutting an estimated $15.8M.
- 255 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2023, down from 259 in Q4 2022.
- Funds reported $891M of First Trust Health Care AlphaDEX Fund stock for Q1 2023, down 0.71% quarter-over-quarter.
- 21 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2023 and 19 closed out, a net change of +2 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2023 was Goldman Sachs, an estimated $11M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q1 2023 was Virtue Capital Management, an estimated $15.8M sold.
Based on aggregated 13F filings for Q1 2023.