We are live on ! Find out more
FXH icon

First Trust Health Care AlphaDEX Fund
FXH

116 hedge funds and large institutions have $412M invested in First Trust Health Care AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 25 increasing their positions, 56 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.28% less ownership

Funds ownership: 47.65% → 47.38% (-0.28%)

13% less funds holding

Funds holding: 133 → 116 (-17)

23% less capital invested

Capital invested by funds: $536M → $412M (-$124M)

48% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 31

55% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 56

67% less funds holding in top 10

Funds holding in top 10: 3 → 1 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $3.44M

Holders
116
Holders Change
-17
Holders Change %
-12.78%
% of All Funds
2.9%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
16
Increased
25
Reduced
56
Closed
31
Calls
–
Puts
$3.44M
Net Calls
-$3.44M
Net Calls Change
+$14M

Top Buyers

1
RJFSA
Raymond James Financial Services Advisors
Florida
+$6.83M
2
CS
Credit Suisse
Switzerland
+$6.8M
3
Bank of America
Bank of America
North Carolina
+$6.28M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$2.55M
5
Creative Planning
Creative Planning
Kansas
+$2.08M

Top Sellers

1
Wells Fargo
Wells Fargo
California
-$30.4M
2
AIM
Astor Investment Management
Illinois
-$19.5M
3
Morgan Stanley
Morgan Stanley
New York
-$12.8M
4
Ameriprise
Ameriprise
Minnesota
-$6.66M
5
ACM
Aviance Capital Management
Florida
-$6.66M
Name Holding Trade Value Shares
Change 		Change in
Stake
KP
76
Keel Point
Alabama
$277K -$5.79K -100 -2%
HWM
77
Highwater Wealth Management
Colorado
$260K -$38.8K -670 -13%
PAS
78
Partnervest Advisory Services
California
$248K +$21.9K +378 +10%
WS
79
Wedbush Securities
California
$240K -$111K -1,921 -31%
Koshinski Asset Management
80
Koshinski Asset Management
Illinois
$238K +$2.78K +48 +1%
MC
81
Moors & Cabot
Massachusetts
$237K -$16.3K -282 -6%
WA
82
WFG Advisors
Texas
$221K -$159K -2,743 -42%
BRC
83
Bell Rock Capital
Delaware
$159K +$159K +2,753 New
CAM
84
Columbia Asset Management
Michigan
$118K +$119K +2,058 New
SSB
85
Sandy Spring Bank
Maryland
$69K +$69.9K +1,207 New
JCM
86
Jacobi Capital Management
Pennsylvania
$63K +$61.9K +1,068 New
Bank of Montreal
87
Bank of Montreal
Ontario, Canada
$52K – – –
PSUF
88
People's United Financial
Connecticut
$46K – – –
AIM
89
Advantage Investment Management
Iowa
$44K – – –
IWM
90
IHT Wealth Management
Illinois
$43K +$43K +743 New
CFA
91
Carroll Financial Associates
North Carolina
$36K – – –
FHA
92
First Horizon Advisors
Tennessee
$35K – – –
Northwestern Mutual Wealth Management
93
Northwestern Mutual Wealth Management
Wisconsin
$27K +$27.7K +478 New
MWM
94
MinichMacGregor Wealth Management
New York
$23K +$1.33M +22,972 +5,743%
KF
95
Krilogy Financial
Missouri
$21K – – –
TIM
96
Tortoise Investment Management
New York
$20K – – –
BWA
97
Burt Wealth Advisors
Maryland
$18K – – –
LWA
98
Lowe Wealth Advisors
Maryland
$13K – – –
RAM
99
Riggs Asset Management
Pennsylvania
$13K – – –
BIG
100
Bellwether Investment Group
Tennessee
$13K +$12.9K +223 New
2 3
4
5 6

FXH Hedge Fund Activity: Q4 2016 in Review

116 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2016, worth a combined $412M — down 23% from $536M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of FXH and 16 opened new positions — a net loss of 15 holders — while 56 trimmed existing stakes and 25 added.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $6.83M. The largest seller was Wells Fargo, cutting an estimated $30.4M.

  • 116 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2016, down from 133 in Q3 2016.
  • Funds reported $412M of First Trust Health Care AlphaDEX Fund stock for Q4 2016, down 23% quarter-over-quarter.
  • 16 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2016 and 31 closed out, a net change of -15 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2016 was Raymond James Financial Services Advisors, an estimated $6.83M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q4 2016 was Wells Fargo, an estimated $30.4M sold.

Based on aggregated 13F filings for Q4 2016.