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First Trust Health Care AlphaDEX Fund

130 hedge funds and large institutions have $515M invested in First Trust Health Care AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 48 increasing their positions, 42 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

15% more capital invested

Capital invested by funds: $448M → $515M (+$67.2M)

14% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 42

2.08% more ownership

Funds ownership: 47.59%49.66% (+2.1%)

0% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 9

1% less funds holding

Funds holding: 131130 (-1)

Holders
130
Holders Change
-1
Holders Change %
-0.76%
% of All Funds
3.24%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
9
Increased
48
Reduced
42
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$117M +$26.3M +408,776 +30%
Wells Fargo
2
Wells Fargo
California
$55.7M -$6.12M -95,261 -10%
Bank of America
3
Bank of America
North Carolina
$54.3M +$4.04M +62,855 +8%
UBS Group
4
UBS Group
Switzerland
$44.4M +$8.06M +125,443 +23%
LPL Financial
5
LPL Financial
California
$28.1M -$1.54M -24,017 -5%
Goldman Sachs
6
Goldman Sachs
New York
$23M +$9.06M +141,025 +69%
NA
7
Navellier & Associates
Nevada
$18.1M +$5.1M +79,382 +42%
RJA
8
Raymond James & Associates
Florida
$16.8M +$4.81M +74,872 +42%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$13.7M -$159K -2,479 -1%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$9.23M -$530K -8,255 -6%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$8.14M -$1.9M -29,589 -20%
Stifel Financial
12
Stifel Financial
Missouri
$7.79M +$5.15M +80,213 +220%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$6.83M +$796K +12,390 +14%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$6.25M +$319K +4,969 +6%
Citigroup
15
Citigroup
New York
$5.56M -$3.24M -50,497 -38%
SAM
16
Shamrock Asset Management
Texas
$5.55M +$5.33M +82,968 New
FEG
17
Financial Enhancement Group
Indiana
$5.47M +$176K +2,743 +3%
SAM
18
SignalPoint Asset Management
Missouri
$5.1M -$19K -295 -0.4%
Ameriprise
19
Ameriprise
Minnesota
$4.94M +$544K +8,471 +13%
BFEC
20
Benjamin F. Edwards & Company
Missouri
$4.71M +$708K +11,024 +19%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$3.9M +$253K +3,938 +7%
HighTower Advisors
22
HighTower Advisors
Illinois
$3.72M +$104K +1,620 +3%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$3.67M +$440K +6,842 +14%
BA
24
BKS Advisors
Michigan
$3.48M +$69.2K +1,077 +2%
UCFA
25
United Capital Financial Advisors
Texas
$2.96M -$14.7M -229,192 -84%

FXH Hedge Fund Activity: Q2 2017 in Review

130 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2017, worth a combined $515M — up 15% from $448M a quarter earlier.

Fund positioning in FXH was balanced in Q2 2017: 9 funds opened new positions, 9 closed out, 48 added to existing stakes and 42 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $26.3M. The largest seller was United Capital Financial Advisors, cutting an estimated $14.7M.

  • 130 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2017, down from 131 in Q1 2017.
  • Funds reported $515M of First Trust Health Care AlphaDEX Fund stock for Q2 2017, up 15% quarter-over-quarter.
  • 9 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2017 and 9 closed out, a net change of 0 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2017 was Morgan Stanley, an estimated $26.3M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q2 2017 was United Capital Financial Advisors, an estimated $14.7M sold.

Based on aggregated 13F filings for Q2 2017.