First Trust Health Care AlphaDEX Fund
131 hedge funds and large institutions have $448M invested in First Trust Health Care AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 33 increasing their positions, 45 reducing their positions, and 11 closing their positions.
145% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 11
13% more funds holding
Funds holding: 116 → 131 (+15)
9% more capital invested
Capital invested by funds: $412M → $448M (+$35.8M)
0.21% more ownership
Funds ownership: 47.38% → 47.59% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 45
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $6.24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$11.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.13M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$7.2M |
| 4 |
Citigroup
New York
|
+$5.91M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$4.83M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$7.22M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.6M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$5.68M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.36M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5.05M |
FXH Hedge Fund Activity: Q1 2017 in Review
131 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2017, worth a combined $448M — up 8.7% from $412M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FXH positions and 11 closed out — a net gain of 16 holders — while 33 added to existing stakes and 45 trimmed.
The largest buyer was Navellier & Associates, opening a new position worth an estimated $11.7M. The largest seller was Goldman Sachs, cutting an estimated $7.22M.
- 131 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2017, up from 116 in Q4 2016.
- Funds reported $448M of First Trust Health Care AlphaDEX Fund stock for Q1 2017, up 8.7% quarter-over-quarter.
- 27 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2017 and 11 closed out, a net change of +16 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2017 was Navellier & Associates, an estimated $11.7M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q1 2017 was Goldman Sachs, an estimated $7.22M sold.
Based on aggregated 13F filings for Q1 2017.