First Trust Health Care AlphaDEX Fund
86 hedge funds and large institutions have $948M invested in First Trust Health Care AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 48 increasing their positions, 16 reducing their positions, and 9 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 16
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
33% more capital invested
Capital invested by funds: $714M → $948M (+$234M)
9% more funds holding
Funds holding: 79 → 86 (+7)
1.59% more ownership
Funds ownership: 63.36% → 64.95% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$109M |
| 2 |
Morgan Stanley
New York
|
+$26.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.14M |
| 4 |
U
UBS
Zurich,
Switzerland
|
+$8.11M |
| 5 |
Goldman Sachs
New York
|
+$7.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$59.1M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.62M |
| 3 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$816K |
| 4 |
VF
Virtu Financial
New York
|
-$470K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$444K |
FXH Hedge Fund Activity: Q4 2013 in Review
86 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2013, worth a combined $948M — up 33% from $714M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FXH positions and 9 closed out — a net gain of 9 holders — while 48 added to existing stakes and 16 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $109M. The largest seller was Navellier & Associates, exiting entirely with an estimated $59.1M sold.
- 86 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2013, up from 79 in Q3 2013.
- Funds reported $948M of First Trust Health Care AlphaDEX Fund stock for Q4 2013, up 33% quarter-over-quarter.
- 18 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2013 and 9 closed out, a net change of +9 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $109M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $59.1M sold.
Based on aggregated 13F filings for Q4 2013.