First Trust Health Care AlphaDEX Fund
FXH
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
12% more ownership
Funds ownership: 33.79% → 45.79% (+12%)
1% more funds holding
Funds holding: 129 → 130 (+1)
21% less capital invested
Capital invested by funds: $658M → $522M (-$137M)
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)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$10M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$4.37M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$2.34M |
| 4 |
SG Americas Securities
New York
|
+$1.74M |
| 5 |
HFS
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 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$8.93M |
FXH Hedge Fund Activity: Q2 2016 in Review
130 of the 3,748 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.