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First Trust Health Care AlphaDEX Fund

148 hedge funds and large institutions have $477M invested in First Trust Health Care AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 37 increasing their positions, 56 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

13% more capital invested

Capital invested by funds: $422M → $477M (+$54.7M)

3.3% more ownership

Funds ownership: 45.54%48.84% (+3.3%)

1% more funds holding

Funds holding: 147148 (+1)

34% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 56

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $527K

Holders
148
Holders Change
+1
Holders Change %
+0.68%
% of All Funds
3.39%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
16
Increased
37
Reduced
56
Closed
13
Calls
Puts
$527K
Net Calls
-$527K
Net Calls Change
+$208K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$114M +$2.87M +39,655 +3%
Wells Fargo
2
Wells Fargo
California
$56.5M +$4.9M +67,720 +10%
Bank of America
3
Bank of America
North Carolina
$42.2M +$3.07M +42,485 +8%
UBS Group
4
UBS Group
Switzerland
$30.3M -$392K -5,423 -1%
NA
5
Navellier & Associates
Nevada
$23.4M +$22.8M +314,992 New
LPL Financial
6
LPL Financial
California
$23.4M +$3.96M +54,787 +21%
RJA
7
Raymond James & Associates
Florida
$18.9M +$3.37M +46,646 +22%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$15.6M -$2.81M -38,899 -16%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$10.2M -$972K -13,443 -9%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$9.01M -$259K -3,580 -3%
Ameriprise
11
Ameriprise
Minnesota
$8.8M -$398K -5,498 -4%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$6.86M -$608K -8,411 -8%
Baird Financial Group
13
Baird Financial Group
Wisconsin
$5.3M -$1.44M -19,929 -22%
Jane Street
14
Jane Street
New York
$5.15M +$3.75M +51,893 +297%
SAM
15
Shamrock Asset Management
Texas
$5.01M -$20.2K -279 -0.4%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$4.76M -$62.5K -864 -1%
Goldman Sachs
17
Goldman Sachs
New York
$4.39M -$6.72K -93 -0.2%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$4.18M +$196K +2,712 +5%
HighTower Advisors
19
HighTower Advisors
Illinois
$3.91M -$147K -2,029 -4%
LFAS
20
Level Four Advisory Services
Texas
$3.77M +$72.7K +1,006 +2%
BTS
21
BB&T Securities
Virginia
$3.36M -$43K -595 -1%
AG
22
Advisor Group
Arizona
$3.15M -$88.9K -1,229 -3%
Citadel Advisors
23
Citadel Advisors
Florida
$2.99M -$3.26M -45,089 -53%
Stifel Financial
24
Stifel Financial
Missouri
$2.84M -$50.2K -694 -2%
Citigroup
25
Citigroup
New York
$2.83M +$41.7K +576 +2%

FXH Hedge Fund Activity: Q2 2018 in Review

148 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2018, worth a combined $477M — up 13% from $422M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FXH positions and 13 closed out — a net gain of 3 holders — while 37 added to existing stakes and 56 trimmed.

The largest buyer was Navellier & Associates, opening a new position worth an estimated $22.8M. The largest seller was BKS Advisors, exiting entirely with an estimated $4.14M sold.

  • 148 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2018, up from 147 in Q1 2018.
  • Funds reported $477M of First Trust Health Care AlphaDEX Fund stock for Q2 2018, up 13% quarter-over-quarter.
  • 16 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2018 and 13 closed out, a net change of +3 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2018 was Navellier & Associates, an estimated $22.8M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q2 2018 was BKS Advisors, an estimated $4.14M sold.

Based on aggregated 13F filings for Q2 2018.