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First Trust Health Care AlphaDEX Fund

256 hedge funds and large institutions have $911M invested in First Trust Health Care AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 71 increasing their positions, 94 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 19

2% more capital invested

Capital invested by funds: $891M → $911M (+$19.8M)

0.72% more ownership

Funds ownership: 57.51%58.23% (+0.72%)

0% more funds holding

Funds holding: 255256 (+1)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

24% less repeat investments, than reductions

Existing positions increased: 71 | Existing positions reduced: 94

56% less call options, than puts

Call options by funds: $1.98M | Put options by funds: $4.51M

Holders
256
Holders Change
+1
Holders Change %
+0.39%
% of All Funds
4.02%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
24
Increased
71
Reduced
94
Closed
19
Calls
$1.98M
Puts
$4.51M
Net Calls
-$2.53M
Net Calls Change
-$3.98M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$219M -$1.55M -14,453 -0.7%
Wells Fargo
2
Wells Fargo
California
$69.1M -$3.98M -37,147 -6%
LPL Financial
3
LPL Financial
California
$62.4M -$8.9M -83,117 -13%
UBS Group
4
UBS Group
Switzerland
$38.9M -$762K -7,120 -2%
Bank of America
5
Bank of America
North Carolina
$37.4M -$1.06M -9,917 -3%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$35.2M +$994K +9,281 +3%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$26.4M -$832K -7,770 -3%
JAWM
8
J. Arnold Wealth Management
Ohio
$26.4M +$25.7M +240,322 +7,433%
RJA
9
Raymond James & Associates
Florida
$23M -$1.81M -16,942 -7%
Osaic Holdings
10
Osaic Holdings
Arizona
$21.5M +$563K +5,257 +3%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$19.6M +$1.96M +18,305 +11%
Ameriprise
12
Ameriprise
Minnesota
$15.2M +$290K +2,708 +2%
VAS
13
Vestmark Advisory Solutions
Massachusetts
$13M +$5.07M +47,320 +65%
Goldman Sachs
14
Goldman Sachs
New York
$12.4M -$1.67M -15,614 -12%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$12M +$1.76M +16,431 +17%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$11.1M +$212K +1,980 +2%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$10.2M -$361K -3,371 -3%
Cetera Investment Advisers
18
Cetera Investment Advisers
Illinois
$8.88M -$43.3K -404 -0.5%
CAS
19
Coppell Advisory Solutions
Texas
$8.09M +$4.48M +41,883 +125%
CAN
20
Cetera Advisor Networks
California
$8.05M +$357K +3,337 +5%
Stifel Financial
21
Stifel Financial
Missouri
$7.4M -$6.79M -63,373 -48%
Corient Private Wealth
22
Corient Private Wealth
Florida
$7.32M +$2.2M +20,587 +44%
RIA
23
Regal Investment Advisors
Michigan
$6.37M -$1.68M -15,701 -21%
Jane Street
24
Jane Street
New York
$5.91M +$4.57M +42,648 +358%
AAS
25
Avantax Advisory Services
Texas
$5.21M +$200K +1,868 +4%

FXH Hedge Fund Activity: Q2 2023 in Review

256 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2023, worth a combined $911M — up 2.2% from $891M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FXH positions and 19 closed out — a net gain of 5 holders — while 71 added to existing stakes and 94 trimmed.

The largest buyer was J. Arnold Wealth Management, adding an estimated $25.7M. The largest seller was LPL Financial, cutting an estimated $8.9M.

  • 256 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2023, up from 255 in Q1 2023.
  • Funds reported $911M of First Trust Health Care AlphaDEX Fund stock for Q2 2023, up 2.2% quarter-over-quarter.
  • 24 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2023 and 19 closed out, a net change of +5 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2023 was J. Arnold Wealth Management, an estimated $25.7M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q2 2023 was LPL Financial, an estimated $8.9M sold.

Based on aggregated 13F filings for Q2 2023.