First Trust Health Care AlphaDEX Fund
98 hedge funds and large institutions have $1.28B invested in First Trust Health Care AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 56 increasing their positions, 19 reducing their positions, and 8 closing their positions.
195% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 19
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
36% more capital invested
Capital invested by funds: $948M → $1.28B (+$337M)
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
14% more funds holding
Funds holding: 86 → 98 (+12)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $326K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$123M |
| 2 |
Morgan Stanley
New York
|
+$24.7M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$20.9M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$15.4M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$13.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$7.24M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$3.89M |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$2.62M |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
-$2.14M |
| 5 |
HF
Hoxton Financial
Shepherdstown,
West Virginia
|
-$897K |
FXH Hedge Fund Activity: Q1 2014 in Review
98 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2014, worth a combined $1.28B — up 36% from $948M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FXH positions and 8 closed out — a net gain of 12 holders — while 56 added to existing stakes and 19 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $123M. The largest seller was Fidelity Investments, exiting entirely with an estimated $7.24M sold.
- 98 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2014, up from 86 in Q4 2013.
- Funds reported $1.28B of First Trust Health Care AlphaDEX Fund stock for Q1 2014, up 36% quarter-over-quarter.
- 20 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2014 and 8 closed out, a net change of +12 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $123M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q1 2014 was Fidelity Investments, an estimated $7.24M sold.
Based on aggregated 13F filings for Q1 2014.