First Trust Health Care AlphaDEX Fund
104 hedge funds and large institutions have $1.31B invested in First Trust Health Care AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 46 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
6% more funds holding
Funds holding: 98 → 104 (+6)
17% less capital inflows, than outflows
Capital inflows: $134M | Capital outflows: $162M
20% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$54.6M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$43.1M |
| 3 |
First Horizon Advisors
Memphis,
Tennessee
|
+$7.79M |
| 4 |
Astor Investment Management
Chicago,
Illinois
|
+$7.12M |
| 5 |
Old National Bancorp
Evansville,
Indiana
|
+$4.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$70.5M |
| 2 |
Goldman Sachs
New York
|
-$18.7M |
| 3 |
Parametric Portfolio Associates
Seattle,
Washington
|
-$12.5M |
| 4 |
LPL Financial
San Diego,
California
|
-$11.3M |
| 5 |
SG Americas Securities
New York
|
-$5.71M |
FXH Hedge Fund Activity: Q2 2014 in Review
104 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2014, worth a combined $1.31B — up 2% from $1.28B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXH positions and 10 closed out — a net gain of 7 holders — while 37 added to existing stakes and 46 trimmed.
The largest buyer was Bank of America, adding an estimated $54.6M. The largest seller was F-Squared Investment Management, cutting an estimated $70.5M.
- 104 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2014, up from 98 in Q1 2014.
- Funds reported $1.31B of First Trust Health Care AlphaDEX Fund stock for Q2 2014, up 2% quarter-over-quarter.
- 17 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2014 and 10 closed out, a net change of +7 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2014 was Bank of America, an estimated $54.6M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $70.5M sold.
Based on aggregated 13F filings for Q2 2014.