First Trust Health Care AlphaDEX Fund
199 hedge funds and large institutions have $607M invested in First Trust Health Care AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 43 increasing their positions, 76 reducing their positions, and 14 closing their positions.
221% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 14
16% more funds holding
Funds holding: 171 → 199 (+28)
14% more capital invested
Capital invested by funds: $535M → $607M (+$72.3M)
1.89% more ownership
Funds ownership: 50.54% → 52.43% (+1.9%)
43% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 76
95% less call options, than puts
Call options by funds: $1.18M | Put options by funds: $22.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$14.6M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$11.8M |
| 3 |
Goldman Sachs
New York
|
+$3.98M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$3.46M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$9.94M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$8.89M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.19M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.93M |
| 5 |
Morgan Stanley
New York
|
-$5.8M |
FXH Hedge Fund Activity: Q4 2019 in Review
199 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2019, worth a combined $607M — up 14% from $535M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FXH positions and 14 closed out — a net gain of 31 holders — while 43 added to existing stakes and 76 trimmed.
The largest buyer was Fulcrum Equity Management, adding an estimated $14.6M. The largest seller was MML Investors Services, cutting an estimated $9.94M.
- 199 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2019, up from 171 in Q3 2019.
- Funds reported $607M of First Trust Health Care AlphaDEX Fund stock for Q4 2019, up 14% quarter-over-quarter.
- 45 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2019 and 14 closed out, a net change of +31 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2019 was Fulcrum Equity Management, an estimated $14.6M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q4 2019 was MML Investors Services, an estimated $9.94M sold.
Based on aggregated 13F filings for Q4 2019.