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First Trust Health Care AlphaDEX Fund

266 hedge funds and large institutions have $744M invested in First Trust Health Care AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 82 increasing their positions, 91 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

43% more first-time investments, than exits

New positions opened: 30 | Existing positions closed: 21

2% more funds holding

Funds holding: 262266 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

10% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 91

14.6% less ownership

Funds ownership: 70.71%56.11% (-15%)

18% less capital invested

Capital invested by funds: $905M → $744M (-$161M)

Holders
266
Holders Change
+4
Holders Change %
+1.53%
% of All Funds
3.83%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
30
Increased
82
Reduced
91
Closed
21
Calls
$22K
Puts
Net Calls
+$22K
Net Calls Change
-$40K
Name Holding Trade Value Shares
Change
Change in
Stake
CA
26
Cetera Advisors
Colorado
$4.34M +$2.61M +24,687 +166%
CASC
27
Coppell Advisory Solutions Corp
Texas
$4.24M +$4.09M +38,714 New
Truist Financial
28
Truist Financial
North Carolina
$3.97M +$4.23K +40 +0.1%
AssetMark Inc
29
AssetMark Inc
California
$3.83M +$1.05M +9,939 +40%
SPIA
30
Steward Partners Investment Advisory
New York
$3.47M -$118K -1,113 -3%
Bank of New York Mellon
31
Bank of New York Mellon
New York
$3.35M -$52.7K -499 -2%
AWS
32
Atria Wealth Solutions
New York
$3.28M -$34.2K -324 -1%
HighTower Advisors
33
HighTower Advisors
Illinois
$3.19M +$293K +2,776 +11%
WA
34
Waverly Advisors
Alabama
$3.1M +$2.99M +28,330 New
Stifel Financial
35
Stifel Financial
Missouri
$3.07M -$3.25M -30,737 -52%
NA
36
Navellier & Associates
Nevada
$3.02M +$2.91M +27,566 New
KAS
37
Kestra Advisory Services
Texas
$2.79M +$271K +2,564 +11%
ATPW
38
Ashton Thomas Private Wealth
Arizona
$2.66M +$96.4K +912 +4%
IA
39
IFP Advisors
Florida
$2.39M -$22.5K -213 -1%
Northwestern Mutual Wealth Management
40
Northwestern Mutual Wealth Management
Wisconsin
$2.27M -$944K -8,936 -30%
WI
41
Wintrust Investments
Illinois
$2.24M +$180K +1,707 +9%
Citadel Advisors
42
Citadel Advisors
Florida
$2.12M +$1.35M +12,741 +193%
SWM
43
Spire Wealth Management
Virginia
$2.09M -$3.49K -33 -0.2%
NA
44
NewEdge Advisors
Louisiana
$2.08M +$94.8K +897 +5%
SCA
45
Snowden Capital Advisors
New York
$2.08M -$654K -6,189 -25%
JP Morgan Chase
46
JP Morgan Chase
New York
$2.02M -$243K -2,301 -11%
IWM
47
Iams Wealth Management
Nebraska
$1.95M +$232K +2,196 +14%
VCM
48
Virtue Capital Management
Tennessee
$1.92M -$5.81K -55 -0.3%
AWM
49
AE Wealth Management
Kansas
$1.86M -$807K -7,632 -31%
Envestnet Portfolio Solutions
50
Envestnet Portfolio Solutions
Illinois
$1.69M +$169K +1,595 +12%

FXH Hedge Fund Activity: Q1 2024 in Review

266 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2024, worth a combined $744M — down 18% from $905M a quarter earlier.

Buyers outnumbered sellers: 30 funds opened new FXH positions and 21 closed out — a net gain of 9 holders — while 82 added to existing stakes and 91 trimmed.

The largest buyer was Cetera Investment Advisers, adding an estimated $6.27M. The largest seller was Morgan Stanley, cutting an estimated $200M.

  • 266 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2024, up from 262 in Q4 2023.
  • Funds reported $744M of First Trust Health Care AlphaDEX Fund stock for Q1 2024, down 18% quarter-over-quarter.
  • 30 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2024 and 21 closed out, a net change of +9 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2024 was Cetera Investment Advisers, an estimated $6.27M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $200M sold.

Based on aggregated 13F filings for Q1 2024.