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First Trust Health Care AlphaDEX Fund

186 hedge funds and large institutions have $956M invested in First Trust Health Care AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 63 increasing their positions, 58 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more capital invested

Capital invested by funds: $607M → $956M (+$348M)

13.97% more ownership

Funds ownership: 52.43%66.4% (+14%)

9% more repeat investments, than reductions

Existing positions increased: 63 | Existing positions reduced: 58

7% less funds holding

Funds holding: 199186 (-13)

24% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 38

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

95% less call options, than puts

Call options by funds: $1.19M | Put options by funds: $24.4M

Holders
186
Holders Change
-13
Holders Change %
-6.53%
% of All Funds
4.1%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
29
Increased
63
Reduced
58
Closed
38
Calls
$1.19M
Puts
$24.4M
Net Calls
-$23.2M
Net Calls Change
-$1.75M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
1
First Trust Advisors
Illinois
$351M +$386M +4,750,190 New
Morgan Stanley
2
Morgan Stanley
New York
$142M +$41.2M +507,416 +36%
Wells Fargo
3
Wells Fargo
California
$92.2M +$33.5M +412,547 +49%
Bank of America
4
Bank of America
North Carolina
$44.8M +$11.9M +146,201 +32%
UBS Group
5
UBS Group
Switzerland
$32.8M +$7.31M +90,033 +25%
LPL Financial
6
LPL Financial
California
$24.7M -$2.99M -36,797 -10%
RJA
7
Raymond James & Associates
Florida
$24.3M +$4.09M +50,342 +18%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$13.3M +$8.97M +110,400 +161%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$12.8M +$1.11M +13,624 +9%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$12.7M +$13.4K +165 +0.1%
Goldman Sachs
11
Goldman Sachs
New York
$11.1M +$4.91M +60,489 +68%
Osaic Holdings
12
Osaic Holdings
Arizona
$10.3M +$11.3M +138,718 New
Ameriprise
13
Ameriprise
Minnesota
$8.86M -$13.3M -164,309 -58%
Citadel Advisors
14
Citadel Advisors
Florida
$8.55M +$967K +11,902 +11%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$8.44M +$855K +10,519 +10%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$8.42M +$4.03M +49,636 +77%
Truist Financial
17
Truist Financial
North Carolina
$7.04M +$5.31M +65,364 +220%
DADC
18
D.A. Davidson & Co
Montana
$6.16M +$5.57M +68,535 +464%
BFEC
19
Benjamin F. Edwards & Company
Missouri
$6.04M +$4.59M +56,509 +224%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$5.47M +$813K +10,009 +16%
Stifel Financial
21
Stifel Financial
Missouri
$4.95M +$919K +11,307 +20%
NC
22
NewSquare Capital
Pennsylvania
$4.85M +$5.29M +65,165 +16,291%
HighTower Advisors
23
HighTower Advisors
Illinois
$4.16M +$517K +6,366 +13%
KPW
24
Kore Private Wealth
New York
$4.11M -$404K -4,979 -8%
ODG
25
O'Dell Group
Ohio
$4.03M +$4.42M +54,464 New

FXH Hedge Fund Activity: Q1 2020 in Review

186 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q1 2020, worth a combined $956M — up 57% from $607M a quarter earlier.

Sellers outnumbered buyers: 38 funds closed out of FXH and 29 opened new positions — a net loss of 9 holders — while 58 trimmed existing stakes and 63 added.

The largest buyer was First Trust Advisors, opening a new position worth an estimated $386M. The largest seller was Fulcrum Equity Management, exiting entirely with an estimated $15.5M sold.

  • 186 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q1 2020, down from 199 in Q4 2019.
  • Funds reported $956M of First Trust Health Care AlphaDEX Fund stock for Q1 2020, up 57% quarter-over-quarter.
  • 29 funds opened new First Trust Health Care AlphaDEX Fund positions in Q1 2020 and 38 closed out, a net change of -9 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q1 2020 was First Trust Advisors, an estimated $386M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q1 2020 was Fulcrum Equity Management, an estimated $15.5M sold.

Based on aggregated 13F filings for Q1 2020.