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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.

New
Increased
Maintained
Reduced
Closed

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

Holders
262
Holders Change
+13
Holders Change %
+5.22%
% of All Funds
3.82%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
36
Increased
47
Reduced
121
Closed
21
Calls
$62K
Puts
–
Net Calls
+$62K
Net Calls Change
-$628K

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$180M
2
PCH
PGIM Custom Harvest
New Jersey
+$8.7M
3
Goldman Sachs
Goldman Sachs
New York
+$1.73M
4
Mariner
Mariner
Kansas
+$880K
5
AssetMark Inc
AssetMark Inc
California
+$807K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$9.79M
2
LPL Financial
LPL Financial
California
-$6.86M
3
Osaic Holdings
Osaic Holdings
Arizona
-$4.79M
4
RJFSA
Raymond James Financial Services Advisors
Florida
-$4.76M
5
EFL
ERn Financial LLC
Wisconsin
-$4.18M
Name Holding Trade Value Shares
Change 		Change in
Stake
Truist Financial
26
Truist Financial
North Carolina
$3.75M -$195K -2,022 -5%
MTWM
27
Masso Torrence Wealth Management
New Jersey
$3.51M -$254K -2,635 -7%
SPIA
28
Steward Partners Investment Advisory
New York
$3.39M -$118K -1,228 -4%
CAS
29
Coppell Advisory Solutions
Texas
$3.25M +$779K +8,087 +35%
Bank of New York Mellon
30
Bank of New York Mellon
New York
$3.22M +$15.8K +164 +0.5%
AWS
31
Atria Wealth Solutions
New York
$3.13M -$130K -1,354 -4%
Northwestern Mutual Wealth Management
32
Northwestern Mutual Wealth Management
Wisconsin
$3.07M +$29.9K +310 +1%
SFG
33
StrategIQ Financial Group
Indiana
$2.98M -$212K -2,204 -7%
HighTower Advisors
34
HighTower Advisors
Illinois
$2.72M -$386K -4,007 -13%
SCA
35
Snowden Capital Advisors
New York
$2.61M -$577K -5,990 -19%
AssetMark Inc
36
AssetMark Inc
California
$2.59M +$807K +8,377 +50%
AWM
37
AE Wealth Management
Kansas
$2.53M +$42K +436 +2%
ATPW
38
Ashton Thomas Private Wealth
Arizona
$2.42M -$589K -6,108 -21%
KAS
39
Kestra Advisory Services
Texas
$2.37M +$86.3K +896 +4%
IA
40
IFP Advisors
Florida
$2.28M -$24.9K -258 -1%
JP Morgan Chase
41
JP Morgan Chase
New York
$2.14M +$187K +1,937 +10%
SWM
42
Spire Wealth Management
Virginia
$1.97M -$2.22K -23 -0.1%
WI
43
Wintrust Investments
Illinois
$1.94M +$12.7K +132 +0.7%
VCM
44
Virtue Capital Management
Tennessee
$1.91M +$91.7K +952 +5%
NA
45
NewEdge Advisors
Louisiana
$1.88M -$1.12M -11,600 -39%
IWM
46
Iams Wealth Management
Nebraska
$1.66M -$311K -3,223 -17%
MML Investors Services
47
MML Investors Services
Massachusetts
$1.61M +$437K +4,533 +41%
PNC Financial Services Group
48
PNC Financial Services Group
Pennsylvania
$1.56M -$8.1K -84 -0.6%
SFS
49
Security Financial Services
Indiana
$1.56M – – –
MFG
50
Merit Financial Group
Georgia
$1.56M -$3.07M -31,870 -68%
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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.