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First Trust Health Care AlphaDEX Fund

201 hedge funds and large institutions have $667M invested in First Trust Health Care AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 54 increasing their positions, 82 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 23

0.41% more ownership

Funds ownership: 51.65%52.06% (+0.41%)

0% less funds holding

Funds holding: 202201 (-1)

3% less capital invested

Capital invested by funds: $690M → $667M (-$22.5M)

34% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 82

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

94% less call options, than puts

Call options by funds: $2.34M | Put options by funds: $36.9M

Holders
201
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.06%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
24
Increased
54
Reduced
82
Closed
23
Calls
$2.34M
Puts
$36.9M
Net Calls
-$34.6M
Net Calls Change
-$26.5M
Name Holding Trade Value Shares
Change
Change in
Stake
US Bancorp
151
US Bancorp
Minnesota
$57K
ASN
152
Advisory Services Network
Georgia
$56K +$55.2K +589 New
SFPG
153
Stonebridge Financial Planning Group
Florida
$54K
KPCM
154
Kings Point Capital Management
New York
$53K +$52.8K +564 New
ADL
155
Asset Dedication LLC
California
$52K +$21.1K +225 +68%
SIM
156
Sonora Investment Management
Arizona
$51K -$7.31K -78 -13%
FFA
157
Founders Financial Alliance
North Carolina
$49K +$46.7K +499 New
CSPIA
158
Cary Street Partners Investment Advisory
Virginia
$47K +$46.8K +500 New
PCM
159
Prelude Capital Management
New York
$46K
TH
160
TCTC Holdings
Texas
$43K
CA
161
Clearstead Advisors
Ohio
$43K +$42.7K +456 New
EP
162
Eudaimonia Partners
Tennessee
$36K
CRCM
163
Corbett Road Capital Management
Virginia
$35K
TIM
164
Tortoise Investment Management
New York
$32K -$468 -5 -1%
MA
165
MCF Advisors
Kentucky
$31K +$13.7K +146 +81%
TCOV
166
Trust Company of Vermont
Vermont
$30K
AF
167
Advisornet Financial
Minnesota
$29K
BCWM
168
Bartlett & Co Wealth Management
Ohio
$28.4K -$3.09K -33 -10%
BC
169
Bartlett & Co
Ohio
$28K -$3.09K -33 -10%
NC
170
NewSquare Capital
Pennsylvania
$27K -$191K -2,035 -88%
FHA
171
Flagship Harbor Advisors
Massachusetts
$26K -$1.69K -18 -6%
AF
172
Allworth Financial
California
$24K
PMFA
173
Plante Moran Financial Advisors
Michigan
$24K
OIA
174
Optimum Investment Advisors
Illinois
$19K -$4.68K -50 -20%
FDCDDQ
175
Federation des caisses Desjardins du Quebec
Quebec, Canada
$18.9K

FXH Hedge Fund Activity: Q3 2020 in Review

201 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q3 2020, worth a combined $667M — down 3.3% from $690M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FXH positions and 23 closed out — a net gain of 1 holder — while 54 added to existing stakes and 82 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $5.14M. The largest seller was MML Investors Services, cutting an estimated $10.1M.

  • 201 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q3 2020, down from 202 in Q2 2020.
  • Funds reported $667M of First Trust Health Care AlphaDEX Fund stock for Q3 2020, down 3.3% quarter-over-quarter.
  • 24 funds opened new First Trust Health Care AlphaDEX Fund positions in Q3 2020 and 23 closed out, a net change of +1 holder.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q3 2020 was Royal Bank of Canada, an estimated $5.14M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q3 2020 was MML Investors Services, an estimated $10.1M sold.

Based on aggregated 13F filings for Q3 2020.