First Trust Health Care AlphaDEX Fund
201 hedge funds and large institutions have $668M 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.
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: 202 → 201 (-1)
3% less capital invested
Capital invested by funds: $690M → $668M (-$21.8M)
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: 2 → 1 (-1)
94% less call options, than puts
Call options by funds: $2.34M | Put options by funds: $36.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.14M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.22M |
| 4 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$2.66M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$10.1M |
| 2 |
Morgan Stanley
New York
|
-$6.78M |
| 3 |
ODG
O'Dell Group
Cincinnati,
Ohio
|
-$5.84M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.72M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.81M |
FXH Hedge Fund Activity: Q3 2020 in Review
201 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q3 2020, worth a combined $668M — down 3.2% 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 $668M of First Trust Health Care AlphaDEX Fund stock for Q3 2020, down 3.2% 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.