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First Trust Health Care AlphaDEX Fund

130 hedge funds and large institutions have $1.68B invested in First Trust Health Care AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 41 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 13

50% more funds holding in top 10

Funds holding in top 10: 69 (+3)

22% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 41

11% more funds holding

Funds holding: 117130 (+13)

1% less capital invested

Capital invested by funds: $1.7B → $1.68B (-$17.2M)

4.49% less ownership

Funds ownership: 68.89%64.41% (-4.5%)

Holders
130
Holders Change
+13
Holders Change %
+11.11%
% of All Funds
3.47%
Holding in Top 10
9
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+50%
% of All Funds
0.24%
New
28
Increased
50
Reduced
41
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$349M +$31.6M +541,380 +10%
First Trust Advisors
2
First Trust Advisors
Illinois
$266M +$136M +2,323,696 +111%
Wells Fargo
3
Wells Fargo
California
$230M +$25.5M +436,854 +13%
Bank of America
4
Bank of America
North Carolina
$196M +$27.7M +475,292 +17%
UBS Group
5
UBS Group
Switzerland
$98.7M +$95.5M +1,637,133 New
LPL Financial
6
LPL Financial
California
$41.4M -$4.89M -83,788 -11%
RJA
7
Raymond James & Associates
Florida
$34.6M +$2.63M +45,135 +9%
BTS
8
BB&T Securities
Virginia
$33M -$6.46M -110,635 -67%
BFA
9
Beaumont Financial Advisors
Massachusetts
$30.2M -$2.65M -45,377 -8%
SAM
10
Shamrock Asset Management
Texas
$29.6M -$5.77M -98,933 -17%
BUB
11
BBVA USA Bancshares
Texas
$25.3M -$1.84M -31,556 -7%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$23.6M -$2.8M -48,003 -11%
HA
13
Hays Advisory
Tennessee
$21.4M -$6.59M -112,954 -24%
Stifel Financial
14
Stifel Financial
Missouri
$20.4M +$1.08M +18,552 +6%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$16.3M +$2.5M +42,845 +19%
Goldman Sachs
16
Goldman Sachs
New York
$15.4M +$228K +3,899 +2%
AIM
17
Astor Investment Management
Illinois
$14.8M +$2.78M +47,604 +24%
Ameriprise
18
Ameriprise
Minnesota
$12.4M +$2.29M +39,302 +23%
HF
19
Hoxton Financial
West Virginia
$11.4M -$541K -9,272 -5%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$10.5M +$3.42M +58,636 +50%
Citigroup
21
Citigroup
New York
$8.83M +$394K +6,751 +5%
AAM
22
Aberdeen Asset Management
United Kingdom
$8.71M +$2.07M +35,479 +33%
FHA
23
First Horizon Advisors
Tennessee
$7.92M -$3.16M -54,104 -29%
B
24
Baird
Wisconsin
$7.59M +$287K +4,920 +4%
NC
25
NewSquare Capital
Pennsylvania
$7.2M +$1.54M +26,310 +28%

FXH Hedge Fund Activity: Q4 2014 in Review

130 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2014, worth a combined $1.68B — down 1% from $1.7B a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new FXH positions and 13 closed out — a net gain of 15 holders — while 50 added to existing stakes and 41 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $136M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $263M sold.

  • 130 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2014, up from 117 in Q3 2014.
  • Funds reported $1.68B of First Trust Health Care AlphaDEX Fund stock for Q4 2014, down 1% quarter-over-quarter.
  • 28 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2014 and 13 closed out, a net change of +15 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2014 was First Trust Advisors, an estimated $136M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q4 2014 was F-Squared Investment Management, an estimated $263M sold.

Based on aggregated 13F filings for Q4 2014.