First Trust Health Care AlphaDEX Fund
FXH
104 hedge funds and large institutions have $1.39B invested in First Trust Health Care AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more funds holding
Funds holding: 98 → 104 (+6)
1% more capital invested
Capital invested by funds: $1.38B → $1.39B (+$12M)
0.15% more ownership
Funds ownership: 65.77% → 65.92% (+0.15%)
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$54.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$43.1M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$7.79M |
| 4 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$7.12M |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$70.5M |
| 2 |
Goldman Sachs
New York
|
-$18.7M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$12.5M |
| 4 |
LPL Financial
San Diego,
California
|
-$11.3M |
| 5 |
SG Americas Securities
New York
|
-$5.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFSG
101
Community Financial Services Group
Newport,
Vermont
| $16K | – | – | – |
|
|
CFS
102
Community Financial System
Dewitt,
New York
| $9K | – | – | – |
|
|
JFA
103
JNBA Financial Advisors
Bloomington,
Minnesota
| $3K | +$3.1K | +61 | New |
|
|
HR
104
Howe & Rusling
Rochester,
New York
| $1K | -$8.59K | -169 | -87% |
|
|
105
Goldman Sachs
New York
| – | -$18.7M | -366,159 | Closed |
|
|
106
SG Americas Securities
New York
| – | -$5.71M | -112,011 | Closed |
|
|
SB
107
Suntrust Banks
Atlanta,
Georgia
| – | -$2.4M | -47,084 | Closed |
|
|
VF
108
Virtu Financial
New York
| – | -$1.53M | -30,023 | Closed |
|
|
VKH
109
Virtu KCG Holdings
New York
| – | -$1.5M | -29,515 | Closed |
|
|
BIT
110
BlackRock Institutional Trust
San Francisco,
California
| – | -$1.12M | -21,900 | Closed |
|
|
GC
111
Gruss & Co
West Palm Beach,
Florida
| – | -$1.02M | -20,000 | Closed |
|
112
Citadel Advisors
Miami,
Florida
| – | -$549K | -10,787 | Closed |
|
|
NA
113
Navellier & Associates
Reno,
Nevada
| – | -$299K | -5,877 | Closed |
|
|
MA
114
MUFG Americas
New York
| – | -$1K | -25 | Closed |
|
FXH Hedge Fund Activity: Q2 2014 in Review
104 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2014, worth a combined $1.39B — up 0.87% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXH positions and 10 closed out — a net gain of 7 holders — while 37 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, adding an estimated $54.6M. The largest seller was F-Squared Investment Management, cutting an estimated $70.5M.
- 104 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2014, up from 98 in Q1 2014.
- Funds reported $1.39B of First Trust Health Care AlphaDEX Fund stock for Q2 2014, up 0.87% quarter-over-quarter.
- 17 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2014 and 10 closed out, a net change of +7 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2014 was Bank of America, an estimated $54.6M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $70.5M sold.
Based on aggregated 13F filings for Q2 2014.