First Trust Health Care AlphaDEX Fund
130 hedge funds and large institutions have $522M invested in First Trust Health Care AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 34 increasing their positions, 58 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1% more funds holding
Funds holding: 129 → 130 (+1)
41% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 58
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
79% less capital inflows, than outflows
Capital inflows: $42.4M | Capital outflows: $200M
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
United Capital Financial Advisors
Irving,
Texas
|
+$10M |
| 2 |
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$4.37M |
| 3 |
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$2.34M |
| 4 |
SG Americas Securities
New York
|
+$1.74M |
| 5 |
HL Financial Services
Louisville,
Kentucky
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$56.1M |
| 2 |
LPL Financial
San Diego,
California
|
-$45.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$9.11M |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
-$8.93M |
FXH Hedge Fund Activity: Q2 2016 in Review
130 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2016, worth a combined $522M — down 21% from $658M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FXH positions and 12 closed out — a net gain of 3 holders — while 34 added to existing stakes and 58 trimmed.
The largest buyer was United Capital Financial Advisors, adding an estimated $10M. The largest seller was Morgan Stanley, cutting an estimated $56.1M.
- 130 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2016, up from 129 in Q1 2016.
- Funds reported $522M of First Trust Health Care AlphaDEX Fund stock for Q2 2016, down 21% quarter-over-quarter.
- 15 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2016 and 12 closed out, a net change of +3 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2016 was United Capital Financial Advisors, an estimated $10M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q2 2016 was Morgan Stanley, an estimated $56.1M sold.
Based on aggregated 13F filings for Q2 2016.