First Trust Health Care AlphaDEX Fund
FXH
262 hedge funds and large institutions have $905M invested in First Trust Health Care AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 47 increasing their positions, 121 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
23% more capital invested
Capital invested by funds: $735M → $905M (+$169M)
14.68% more ownership
Funds ownership: 56.03% → 70.71% (+15%)
5% more funds holding
Funds holding: 249 → 262 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
61% less repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 121
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$180M |
| 2 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$8.7M |
| 3 |
Goldman Sachs
New York
|
+$1.73M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$880K |
| 5 |
AssetMark Inc
Concord,
California
|
+$807K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.79M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.86M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.79M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.76M |
| 5 |
EFL
ERn Financial LLC
Middleton,
Wisconsin
|
-$4.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
276
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$123K | -1,262 | Closed |
|
|
CSPIA
277
Cary Street Partners Investment Advisory
Richmond,
Virginia
| – | -$48.6K | -500 | Closed |
|
|
HL
278
HeadInvest LLC
Portland,
Maine
| – | -$14.1K | -146 | Closed |
|
|
RIA
279
Realta Investment Advisors
Wilmington,
Delaware
| – | -$12.5K | -115 | Closed |
|
|
EWM
280
EPG Wealth Management
Atlanta,
Georgia
| – | -$9.94K | -102 | Closed |
|
|
FAM
281
Flaharty Asset Management
Clearwater,
Florida
| – | -$9.43K | -97 | Closed |
|
|
BTI
282
Blue Trust Inc
Alpharetta,
Georgia
| – | -$6K | -54 | Closed |
|
|
RA
283
Rise Advisors
Rochester,
New York
| – | -$2.92K | -30 | Closed |
|
|
JFA
284
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$972 | -10 | Closed |
|
FXH Hedge Fund Activity: Q4 2023 in Review
262 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2023, worth a combined $905M — up 23% from $735M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FXH positions and 21 closed out — a net gain of 15 holders — while 47 added to existing stakes and 121 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $180M. The largest seller was UBS Group, cutting an estimated $9.79M.
- 262 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2023, up from 249 in Q3 2023.
- Funds reported $905M of First Trust Health Care AlphaDEX Fund stock for Q4 2023, up 23% quarter-over-quarter.
- 36 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2023 and 21 closed out, a net change of +15 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $180M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q4 2023 was UBS Group, an estimated $9.79M sold.
Based on aggregated 13F filings for Q4 2023.