First Trust Health Care AlphaDEX Fund
147 hedge funds and large institutions have $422M invested in First Trust Health Care AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 45 increasing their positions, 50 reducing their positions, and 15 closing their positions.
33% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 15
3% more funds holding
Funds holding: 143 → 147 (+4)
1.75% less ownership
Funds ownership: 47.29% → 45.54% (-1.8%)
10% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 50
11% less capital invested
Capital invested by funds: $477M → $422M (-$54.8M)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $735K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$4.87M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3M |
| 3 |
Goldman Sachs
New York
|
+$2.68M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$2.29M |
| 5 |
SWM
Segment Wealth Management
Houston,
Texas
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$13.3M |
| 3 |
Morgan Stanley
New York
|
-$11.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.44M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$6.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIL
151
Rothschild Investment LLC
Chicago,
Illinois
| – | -$886K | -12,700 | Closed |
|
|
AW
152
ACG Wealth
Atlanta,
Georgia
| – | -$548K | -7,845 | Closed |
|
|
WP
153
WealthSource Partners
San Luis Obispo,
California
| – | -$238K | -3,415 | Closed |
|
|
GFPC
154
Global Financial Private Capital
Sarasota,
Florida
| – | -$218K | -3,120 | Closed |
|
|
EWA
155
EP Wealth Advisors
Torrance,
California
| – | -$213K | -3,050 | Closed |
|
|
FAIM
156
Financial Advocates Investment Management
Olympia,
Washington
| – | -$206K | -2,951 | Closed |
|
|
CFA
157
Cahill Financial Advisors
Edina,
Minnesota
| – | -$206K | -2,949 | Closed |
|
|
SSB
158
Sandy Spring Bank
Olney,
Maryland
| – | -$84K | -1,207 | Closed |
|
|
CA
159
Calton & Associates
Tampa,
Florida
| – | -$7K | -100 | Closed |
|
|
MFW
160
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$6K | -92 | Closed |
|
|
PCA
161
Providence Capital Advisors
Charlotte,
North Carolina
| – | -$5K | -75 | Closed |
|
162
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$2K | -25 | Closed |
|
FXH Hedge Fund Activity: Q1 2018 in Review
147 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2018, worth a combined $422M — down 11% from $477M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FXH positions and 15 closed out — a net gain of 5 holders — while 45 added to existing stakes and 50 trimmed.
The largest buyer was Shamrock Asset Management, adding an estimated $4.87M. The largest seller was Bank of America, cutting an estimated $14M.
- 147 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2018, up from 143 in Q4 2017.
- Funds reported $422M of First Trust Health Care AlphaDEX Fund stock for Q1 2018, down 11% quarter-over-quarter.
- 20 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2018 and 15 closed out, a net change of +5 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2018 was Shamrock Asset Management, an estimated $4.87M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q1 2018 was Bank of America, an estimated $14M sold.
Based on aggregated 13F filings for Q1 2018.