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First Trust Health Care AlphaDEX Fund

209 hedge funds and large institutions have $682M invested in First Trust Health Care AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 58 increasing their positions, 70 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.74% less ownership

Funds ownership: 51.84%49.11% (-2.7%)

8% less funds holding

Funds holding: 226209 (-17)

10% less capital invested

Capital invested by funds: $755M → $682M (-$72.8M)

17% less repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 70

43% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 30

95% less call options, than puts

Call options by funds: $2.28M | Put options by funds: $44M

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
209
Holders Change
-17
Holders Change %
-7.52%
% of All Funds
3.67%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
17
Increased
58
Reduced
70
Closed
30
Calls
$2.28M
Puts
$44M
Net Calls
-$41.7M
Net Calls Change
-$23.2M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
26
Citigroup
New York
$3.88M -$145K -1,325 -4%
KAS
27
Kestra Advisory Services
Texas
$3.74M +$189K +1,731 +5%
SPIA
28
Steward Partners Investment Advisory
New York
$3.27M +$455K +4,155 +16%
MML Investors Services
29
MML Investors Services
Massachusetts
$3.17M -$620K -5,666 -16%
Goldman Sachs
30
Goldman Sachs
New York
$3.16M -$1.67M -15,270 -34%
SWM
31
Spire Wealth Management
Virginia
$3.12M +$3.83M +35,033 New
SFG
32
StrategIQ Financial Group
Indiana
$3.11M +$193K +1,762 +7%
LNC
33
Lincoln National Corp
Pennsylvania
$2.8M +$276K +2,518 +11%
FHC
34
First Heartland Consultants
Missouri
$2.57M +$1.26M +11,554 +95%
WP
35
WealthPLAN Partners
Nebraska
$2.51M -$8.43K -77 -0.3%
PCH
36
PGIM Custom Harvest
New Jersey
$2.49M -$48.3K -441 -2%
DWMG
37
DB Wealth Management Group
California
$2.39M -$321K -2,932 -12%
William Blair & Company
38
William Blair & Company
Illinois
$2.22M +$65K +594 +3%
FTS
39
Fifth Third Securities
Ohio
$2.2M -$514K -4,701 -19%
LFAS
40
Level Four Advisory Services
Texas
$2.08M -$46.9K -429 -2%
MWM
41
MinichMacGregor Wealth Management
New York
$1.98M -$39K -356 -2%
MA
42
Mutual Advisors
Nebraska
$1.92M +$29.5K +270 +2%
SWP
43
Stratos Wealth Partners
Ohio
$1.73M +$974K +8,906 +127%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$1.71M -$15.2K -139 -0.9%
SMG
45
Smart Money Group
Texas
$1.68M -$33K -302 -2%
GSWM
46
Golden State Wealth Management
California
$1.68M +$774K +7,075 +85%
WWMSC
47
Wagner Wealth Management (South Carolina)
South Carolina
$1.63M +$236K +2,154 +17%
BPA
48
Beacon Pointe Advisors
California
$1.58M +$60.6K +554 +4%
AAS
49
Avantax Advisory Services
Texas
$1.57M +$7.99K +73 +0.5%
CWA
50
Capital Wealth Alliance
Arizona
$1.55M +$520K +4,753 +50%

FXH Hedge Fund Activity: Q1 2021 in Review

209 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2021, worth a combined $682M — down 9.6% from $755M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of FXH and 17 opened new positions — a net loss of 13 holders — while 70 trimmed existing stakes and 58 added.

The largest buyer was Citadel Advisors, adding an estimated $4.05M. The largest seller was Morgan Stanley, cutting an estimated $15.9M.

  • 209 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2021, down from 226 in Q4 2020.
  • Funds reported $682M of First Trust Health Care AlphaDEX Fund stock for Q1 2021, down 9.6% quarter-over-quarter.
  • 17 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2021 and 30 closed out, a net change of -13 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2021 was Citadel Advisors, an estimated $4.05M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q1 2021 was Morgan Stanley, an estimated $15.9M sold.

Based on aggregated 13F filings for Q1 2021.