First Trust Health Care AlphaDEX Fund
209 hedge funds and large institutions have $682M invested in First Trust Health Care AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 58 increasing their positions, 70 reducing their positions, and 30 closing their positions.
2.74% less ownership
Funds ownership: 51.84% → 49.11% (-2.7%)
8% less funds holding
Funds holding: 226 → 209 (-17)
10% less capital invested
Capital invested by funds: $755M → $682M (-$72.8M)
17% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 70
43% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 30
95% less call options, than puts
Call options by funds: $2.28M | Put options by funds: $44M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.17M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.42M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.31M |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.9M |
| 2 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$12M |
| 3 |
Barclays
London,
United Kingdom
|
-$10.1M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$8.62M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$7.27M |
FXH Hedge Fund Activity: Q1 2021 in Review
209 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2021, worth a combined $682M — down 9.6% from $755M a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of FXH and 17 opened new positions — a net loss of 13 holders — while 70 trimmed existing stakes and 58 added.
The largest buyer was Citadel Advisors, adding an estimated $4.05M. The largest seller was Morgan Stanley, cutting an estimated $15.9M.
- 209 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2021, down from 226 in Q4 2020.
- Funds reported $682M of First Trust Health Care AlphaDEX Fund stock for Q1 2021, down 9.6% quarter-over-quarter.
- 17 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2021 and 30 closed out, a net change of -13 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2021 was Citadel Advisors, an estimated $4.05M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q1 2021 was Morgan Stanley, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2021.