First Trust Health Care AlphaDEX Fund
FXH
129 hedge funds and large institutions have $658M invested in First Trust Health Care AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 83 reducing their positions, and 32 closing their positions.
14% less funds holding
Funds holding: 150 → 129 (-21)
38.63% less ownership
Funds ownership: 72.42% → 33.79% (-39%)
63% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 32
73% less funds holding in top 10
Funds holding in top 10: 11 → 3 (-8)
74% less capital invested
Capital invested by funds: $2.5B → $658M (-$1.84B)
81% less call options, than puts
Call options by funds: $1.11M | Put options by funds: $6.01M
82% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 83
Top Buyers
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
+$5.67M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.4M |
| 3 |
SG Americas Securities
New York
|
+$4.4M |
| 4 |
Jane Street
New York
|
+$3.8M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$3.24M |
Top Sellers
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$931M |
| 2 |
Morgan Stanley
New York
|
-$205M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$146M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$70.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$48M |
FXH Hedge Fund Activity: Q1 2016 in Review
129 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2016, worth a combined $658M — down 74% from $2.5B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FXH and 12 opened new positions — a net loss of 20 holders — while 83 trimmed existing stakes and 15 added.
The largest buyer was SII Investments, adding an estimated $5.67M. The largest seller was First Trust Advisors, exiting entirely with an estimated $931M sold.
- 129 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2016, down from 150 in Q4 2015.
- Funds reported $658M of First Trust Health Care AlphaDEX Fund stock for Q1 2016, down 74% quarter-over-quarter.
- 12 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2016 and 32 closed out, a net change of -20 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2016 was SII Investments, an estimated $5.67M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q1 2016 was First Trust Advisors, an estimated $931M sold.
Based on aggregated 13F filings for Q1 2016.