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First Trust Health Care AlphaDEX Fund

201 hedge funds and large institutions have $667M invested in First Trust Health Care AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 54 increasing their positions, 82 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 23

0.41% more ownership

Funds ownership: 51.65%52.06% (+0.41%)

0% less funds holding

Funds holding: 202201 (-1)

3% less capital invested

Capital invested by funds: $690M → $667M (-$22.5M)

34% less repeat investments, than reductions

Existing positions increased: 54 | Existing positions reduced: 82

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

94% less call options, than puts

Call options by funds: $2.34M | Put options by funds: $36.9M

Holders
201
Holders Change
-1
Holders Change %
-0.5%
% of All Funds
4.06%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
24
Increased
54
Reduced
82
Closed
23
Calls
$2.34M
Puts
$36.9M
Net Calls
-$34.6M
Net Calls Change
-$26.5M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$160M -$6.78M -72,357 -4%
Wells Fargo
2
Wells Fargo
California
$69.2M -$5.72M -61,024 -8%
Bank of America
3
Bank of America
North Carolina
$44.4M -$3.78M -40,377 -8%
UBS Group
4
UBS Group
Switzerland
$37.7M -$4.13M -44,082 -10%
LPL Financial
5
LPL Financial
California
$31.4M +$2.01M +21,460 +7%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$28.8M +$3.59M +38,352 +14%
RJA
7
Raymond James & Associates
Florida
$23.5M -$4.81M -51,356 -17%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$19.2M +$5.14M +54,838 +37%
Truist Financial
9
Truist Financial
North Carolina
$18.4M +$985K +10,520 +6%
Citadel Advisors
10
Citadel Advisors
Florida
$17.3M +$3.22M +34,326 +23%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$16.6M +$1.37M +14,608 +9%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$10.1M -$4.54M -48,440 -31%
Osaic Holdings
13
Osaic Holdings
Arizona
$10.1M +$647K +6,905 +7%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$9.78M -$1.93M -20,565 -17%
DADC
15
D.A. Davidson & Co
Montana
$7.82M +$943K +10,066 +14%
FEG
16
Financial Enhancement Group
Indiana
$7.23M -$3.76M -40,109 -34%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$7.03M +$133K +1,424 +2%
FAIM
18
Financial Advocates Investment Management
Washington
$6.94M -$1.53M -16,383 -18%
JP Morgan Chase
19
JP Morgan Chase
New York
$6.87M -$87.6K -935 -1%
Ameriprise
20
Ameriprise
Minnesota
$5.27M -$1.22M -12,985 -19%
Stifel Financial
21
Stifel Financial
Missouri
$4.84M -$2.42M -25,839 -34%
JAWM
22
J. Arnold Wealth Management
Ohio
$4.81M +$2.66M +28,403 +127%
HighTower Advisors
23
HighTower Advisors
Illinois
$4.3M +$119K +1,272 +3%
CS
24
Credit Suisse
Switzerland
$3.98M
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$3.9M -$2.04M -21,807 -35%

FXH Hedge Fund Activity: Q3 2020 in Review

201 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q3 2020, worth a combined $667M — down 3.3% from $690M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FXH positions and 23 closed out — a net gain of 1 holder — while 54 added to existing stakes and 82 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $5.14M. The largest seller was MML Investors Services, cutting an estimated $10.1M.

  • 201 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q3 2020, down from 202 in Q2 2020.
  • Funds reported $667M of First Trust Health Care AlphaDEX Fund stock for Q3 2020, down 3.3% quarter-over-quarter.
  • 24 funds opened new First Trust Health Care AlphaDEX Fund positions in Q3 2020 and 23 closed out, a net change of +1 holder.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q3 2020 was Royal Bank of Canada, an estimated $5.14M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q3 2020 was MML Investors Services, an estimated $10.1M sold.

Based on aggregated 13F filings for Q3 2020.