First Trust Health Care AlphaDEX Fund
79 hedge funds and large institutions have $714M invested in First Trust Health Care AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 45 increasing their positions, 18 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 18
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
35% more capital invested
Capital invested by funds: $528M → $714M (+$186M)
5% more funds holding
Funds holding: 75 → 79 (+4)
4.55% more ownership
Funds ownership: 58.81% → 63.36% (+4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$53.7M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$27M |
| 3 |
Morgan Stanley
New York
|
+$20.6M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$11.1M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$21.2M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.51M |
| 3 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$1.13M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$605K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$470K |
FXH Hedge Fund Activity: Q3 2013 in Review
79 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q3 2013, worth a combined $714M — up 35% from $528M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FXH positions and 5 closed out — a net gain of 5 holders — while 45 added to existing stakes and 18 trimmed.
The largest buyer was Navellier & Associates, adding an estimated $53.7M. The largest seller was Fidelity Investments, exiting entirely with an estimated $21.2M sold.
- 79 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q3 2013, up from 75 in Q2 2013.
- Funds reported $714M of First Trust Health Care AlphaDEX Fund stock for Q3 2013, up 35% quarter-over-quarter.
- 10 funds opened new First Trust Health Care AlphaDEX Fund positions in Q3 2013 and 5 closed out, a net change of +5 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q3 2013 was Navellier & Associates, an estimated $53.7M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q3 2013 was Fidelity Investments, an estimated $21.2M sold.
Based on aggregated 13F filings for Q3 2013.