First Trust Health Care AlphaDEX Fund
157 hedge funds and large institutions have $670M invested in First Trust Health Care AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 59 increasing their positions, 38 reducing their positions, and 18 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
61% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 18
55% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 38
41% more capital invested
Capital invested by funds: $475M → $670M (+$195M)
7% more funds holding
Funds holding: 147 → 157 (+10)
1.99% more ownership
Funds ownership: 47.86% → 49.85% (+2%)
97% less call options, than puts
Call options by funds: $297K | Put options by funds: $8.49M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$25.7M |
| 2 |
Morgan Stanley
New York
|
+$25.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$9.39M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$7.23M |
| 5 |
BA
BKS Advisors
Southfield,
Michigan
|
+$5.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.86M |
| 2 |
Goldman Sachs
New York
|
-$3.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.49M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.05M |
FXH Hedge Fund Activity: Q3 2018 in Review
157 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q3 2018, worth a combined $670M — up 41% from $475M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FXH positions and 18 closed out — a net gain of 11 holders — while 59 added to existing stakes and 38 trimmed.
The largest buyer was Wells Fargo, adding an estimated $25.7M. The largest seller was Envestnet Asset Management, cutting an estimated $8.86M.
- 157 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q3 2018, up from 147 in Q2 2018.
- Funds reported $670M of First Trust Health Care AlphaDEX Fund stock for Q3 2018, up 41% quarter-over-quarter.
- 29 funds opened new First Trust Health Care AlphaDEX Fund positions in Q3 2018 and 18 closed out, a net change of +11 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q3 2018 was Wells Fargo, an estimated $25.7M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q3 2018 was Envestnet Asset Management, an estimated $8.86M sold.
Based on aggregated 13F filings for Q3 2018.