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First Trust Health Care AlphaDEX Fund

130 hedge funds and large institutions have $522M invested in First Trust Health Care AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 58 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 12

12% more ownership

Funds ownership: 33.79%45.79% (+12%)

1% more funds holding

Funds holding: 129130 (+1)

21% less capital invested

Capital invested by funds: $658M → $522M (-$137M)

41% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 58

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $8.24M

Holders
130
Holders Change
+1
Holders Change %
+0.78%
% of All Funds
3.47%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
15
Increased
34
Reduced
58
Closed
12
Calls
Puts
$8.24M
Net Calls
-$8.24M
Net Calls Change
-$3.34M
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$4.13M +$102K +1,761 +3%
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$3.38M -$240K -4,141 -7%
BFEC
28
Benjamin F. Edwards & Company
Missouri
$3.14M +$2.34M +40,350 +311%
Susquehanna International Group
29
Susquehanna International Group
Pennsylvania
$3.13M -$228K -3,939 -7%
Citigroup
30
Citigroup
New York
$3.1M -$636K -10,976 -17%
Stifel Financial
31
Stifel Financial
Missouri
$3.04M -$697K -12,023 -19%
TRCT
32
Tower Research Capital (TRC)
New York
$2.69M +$810K +13,979 +44%
ONB
33
Old National Bancorp
Indiana
$2.44M -$210K -3,629 -8%
IH
34
IFC Holdings
Florida
$2.16M +$598K +10,323 +40%
Jane Street
35
Jane Street
New York
$2.08M -$2.03M -35,070 -50%
MFS
36
MSI Financial Services
Massachusetts
$2.02M -$363K -6,260 -15%
BTS
37
BB&T Securities
Virginia
$1.73M -$210K -3,624 -11%
WP
38
WealthPLAN Partners
Nebraska
$1.72M +$1.83M +31,650 New
PNC Financial Services Group
39
PNC Financial Services Group
Pennsylvania
$1.62M -$217K -3,739 -12%
FAAS
40
First Allied Advisory Services
California
$1.56M -$64.3K -1,110 -4%
VKH
41
Virtu KCG Holdings
New York
$1.54M -$2.47M -42,587 -62%
AG
42
Advisor Group
Arizona
$1.46M +$1.44M +24,847 New
AI
43
Atria Investments
North Carolina
$1.45M +$494K +8,517 +54%
Millennium Management
44
Millennium Management
New York
$1.29M +$892K +15,392 +239%
OC
45
Oppenheimer & Co
New York
$1.2M -$73.6K -1,270 -6%
VFS
46
VSR Financial Services
Kansas
$1.02M -$138K -2,377 -12%
HH
47
Hilltop Holdings
Texas
$1M
RIA
48
Regal Investment Advisors
Michigan
$1M -$35.5K -612 -3%
JP Morgan Chase
49
JP Morgan Chase
New York
$983K -$151K -2,605 -14%
IA
50
IFP Advisors
Florida
$954K +$438K +7,557 +88%

FXH Hedge Fund Activity: Q2 2016 in Review

130 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2016, worth a combined $522M — down 21% from $658M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FXH positions and 12 closed out — a net gain of 3 holders — while 34 added to existing stakes and 58 trimmed.

The largest buyer was United Capital Financial Advisors, adding an estimated $10M. The largest seller was Morgan Stanley, cutting an estimated $56.1M.

  • 130 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2016, up from 129 in Q1 2016.
  • Funds reported $522M of First Trust Health Care AlphaDEX Fund stock for Q2 2016, down 21% quarter-over-quarter.
  • 15 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2016 and 12 closed out, a net change of +3 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2016 was United Capital Financial Advisors, an estimated $10M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q2 2016 was Morgan Stanley, an estimated $56.1M sold.

Based on aggregated 13F filings for Q2 2016.