First Trust Health Care AlphaDEX Fund
263 hedge funds and large institutions have $712M invested in First Trust Health Care AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 46 increasing their positions, 123 reducing their positions, and 21 closing their positions.
71% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 21
5% more funds holding
Funds holding: 250 → 263 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.48% less ownership
Funds ownership: 56.13% → 55.65% (-0.48%)
3% less capital invested
Capital invested by funds: $737M → $712M (-$24.5M)
63% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 123
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCH
PGIM Custom Harvest
Newark,
New Jersey
|
+$8.7M |
| 2 |
Goldman Sachs
New York
|
+$1.73M |
| 3 |
Mariner
Overland Park,
Kansas
|
+$880K |
| 4 |
AssetMark Inc
Concord,
California
|
+$807K |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$9.79M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.86M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.79M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.76M |
| 5 |
EFL
ERn Financial LLC
Middleton,
Wisconsin
|
-$4.18M |
FXH Hedge Fund Activity: Q4 2023 in Review
263 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q4 2023, worth a combined $712M — down 3.3% from $737M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FXH positions and 21 closed out — a net gain of 15 holders — while 46 added to existing stakes and 123 trimmed.
The largest buyer was PGIM Custom Harvest, adding an estimated $8.7M. The largest seller was UBS Group, cutting an estimated $9.79M.
- 263 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q4 2023, up from 250 in Q3 2023.
- Funds reported $712M of First Trust Health Care AlphaDEX Fund stock for Q4 2023, down 3.3% quarter-over-quarter.
- 36 funds opened new First Trust Health Care AlphaDEX Fund positions in Q4 2023 and 21 closed out, a net change of +15 holders.
- The largest First Trust Health Care AlphaDEX Fund buyer in Q4 2023 was PGIM Custom Harvest, an estimated $8.7M added.
- The largest First Trust Health Care AlphaDEX Fund seller in Q4 2023 was UBS Group, an estimated $9.79M sold.
Based on aggregated 13F filings for Q4 2023.