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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
OIA
126
Optimum Investment Advisors
Illinois
– -$598K -9,835 Closed
RPG
127
Risk Paradigm Group
Texas
– -$558K -9,171 Closed
BRWA
128
B. Riley Wealth Advisors
Florida
– -$410K -6,728 Closed
CCM
129
Coldstream Capital Management
Washington
– -$406K -6,665 Closed
CAM
130
Concorde Asset Management
Michigan
– -$313K -5,136 Closed
ACM
131
Argentus Capital Management
Texas
– -$263K -4,323 Closed
ICRM
132
Insight Capital Research & Management
California
– -$259K -4,253 Closed
M&T Bank
133
M&T Bank
New York
– -$247K -4,063 Closed
CG
134
Cutler Group
California
– -$240K -3,952 Closed
SS
135
Simplicity Solutions
Minnesota
– -$236K -3,884 Closed
Manulife (Manufacturers Life Insurance)
136
Manulife (Manufacturers Life Insurance)
Ontario, Canada
– -$67K -1,102 Closed
CWM
137
Concert Wealth Management
California
– -$41K -665 Closed
HI
138
Hudock Inc
Pennsylvania
– -$36K -600 Closed
JFGIW
139
Johnson Financial Group Inc (Wisconsin)
Wisconsin
– -$21K -340 Closed
CHP
140
Cable Hill Partners
Oregon
– -$20K -335 Closed
ACS
141
Archford Capital Strategies
Illinois
– -$10K -166 Closed
S
142
SignatureFD
Georgia
– -$7K -122 Closed
Mariner
143
Mariner
Kansas
– -$7K -120 Closed
NC
144
NewSquare Capital
Pennsylvania
– -$5K -75 Closed
Thrivent Financial for Lutherans
145
Thrivent Financial for Lutherans
Minnesota
– -$5K -75 Closed
BlackRock
146
BlackRock
New York
– -$3K -47 Closed
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.