First Trust Health Care AlphaDEX Fund
116 hedge funds and large institutions have $412M invested in First Trust Health Care AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 25 increasing their positions, 56 reducing their positions, and 31 closing their positions.
0.28% less ownership
Funds ownership: 47.66% → 47.38% (-0.28%)
13% less funds holding
Funds holding: 134 → 116 (-18)
23% less capital invested
Capital invested by funds: $536M → $412M (-$124M)
52% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 31
55% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 56
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: $3.44M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.83M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$6.28M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.55M |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$30.4M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$19.5M |
| 3 |
Morgan Stanley
New York
|
-$12.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$6.66M |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$6.66M |
FXH Hedge Fund Activity: Q4 2016 in Review
116 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2016, worth a combined $412M — down 23% from $536M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of FXH and 15 opened new positions — a net loss of 16 holders — while 56 trimmed existing stakes and 25 added.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $6.83M. The largest seller was Wells Fargo, cutting an estimated $30.4M.
- 116 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2016, down from 134 in Q3 2016.
- Funds reported $412M of First Trust Health Care AlphaDEX Fund stock for Q4 2016, down 23% quarter-over-quarter.
- 15 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2016 and 31 closed out, a net change of -16 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2016 was Raymond James Financial Services Advisors, an estimated $6.83M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q4 2016 was Wells Fargo, an estimated $30.4M sold.
Based on aggregated 13F filings for Q4 2016.