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First Trust Health Care AlphaDEX Fund

256 hedge funds and large institutions have $911M invested in First Trust Health Care AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 71 increasing their positions, 94 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

2% more capital invested

Capital invested by funds: $891M → $911M (+$19.8M)

0.72% more ownership

Funds ownership: 57.51%58.23% (+0.72%)

0% more funds holding

Funds holding: 255256 (+1)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

24% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 94

56% less call options, than puts

Call options by funds: $1.98M | Put options by funds: $4.51M

Holders
256
Holders Change
+1
Holders Change %
+0.39%
% of All Funds
4.02%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
24
Increased
71
Reduced
94
Closed
19
Calls
$1.98M
Puts
$4.51M
Net Calls
-$2.53M
Net Calls Change
-$3.98M
Name Holding Trade Value Shares
Change
Change in
Stake
SW
101
SVB Wealth
Massachusetts
$758K
SI
102
Stephens Inc
Arkansas
$752K -$8.57K -80 -1%
CA
103
CoreCap Advisors
Michigan
$731K +$722K +6,746 New
BCI
104
Brinker Capital Investments
Pennsylvania
$721K +$314K +2,928 +79%
OPS
105
Orion Portfolio Solutions
Nebraska
$721K +$314K +2,928 +79%
AFP
106
Ausdal Financial Partners
Iowa
$717K +$12.5K +117 +2%
SWAG
107
Spectrum Wealth Advisory Group
California
$709K -$1.28K -12 -0.2%
JMPWA
108
JP Morgan Private Wealth Advisors
California
$692K -$22.5K -210 -3%
KDA
109
Kraft Davis & Associates
Missouri
$684K +$698K +6,519 New
OFS
110
OneAscent Financial Services
Alabama
$682K +$222K +2,070 +49%
WWM
111
Western Wealth Management
Colorado
$680K -$16.4K -153 -2%
AWAP
112
Alliance Wealth Advisors (Pennsylvania)
Pennsylvania
$654K
GWM
113
Geneos Wealth Management
Colorado
$649K +$2.25K +21 +0.4%
OIA
114
OneDigital Investment Advisors
Kansas
$643K -$11.1K -104 -2%
OC
115
Oppenheimer & Co
New York
$638K -$14.9K -139 -2%
TWM
116
Tradition Wealth Management
Minnesota
$626K +$214 +2 +0%
AFG
117
ABLE Financial Group
Arizona
$615K +$121K +1,128 +25%
FAM
118
Family Asset Management
South Carolina
$607K +$600K +5,600 New
Creative Planning
119
Creative Planning
Kansas
$603K -$41.5K -388 -7%
RJT
120
Raymond James Trust
Florida
$586K -$101K -943 -15%
CFGS
121
Concourse Financial Group Securities
Alabama
$575K -$66.9K -625 -11%
SWM
122
SeaCrest Wealth Management
New York
$573K +$107 +1 +0%
SS
123
Sunbelt Securities
Texas
$562K -$98.3K -918 -15%
Two Sigma Investments
124
Two Sigma Investments
New York
$552K +$546K +5,100 New
BW
125
Bison Wealth
Georgia
$536K +$530K +4,947 New

FXH Hedge Fund Activity: Q2 2023 in Review

256 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2023, worth a combined $911M — up 2.2% from $891M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FXH positions and 19 closed out — a net gain of 5 holders — while 71 added to existing stakes and 94 trimmed.

The largest buyer was J. Arnold Wealth Management, adding an estimated $25.7M. The largest seller was LPL Financial, cutting an estimated $8.9M.

  • 256 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2023, up from 255 in Q1 2023.
  • Funds reported $911M of First Trust Health Care AlphaDEX Fund stock for Q2 2023, up 2.2% quarter-over-quarter.
  • 24 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2023 and 19 closed out, a net change of +5 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2023 was J. Arnold Wealth Management, an estimated $25.7M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q2 2023 was LPL Financial, an estimated $8.9M sold.

Based on aggregated 13F filings for Q2 2023.