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First Trust Health Care AlphaDEX Fund

254 hedge funds and large institutions have $674M invested in First Trust Health Care AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 64 increasing their positions, 94 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.82% less ownership

Funds ownership: 56.11%55.29% (-0.82%)

5% less funds holding

Funds holding: 266254 (-12)

9% less capital invested

Capital invested by funds: $744M → $674M (-$70M)

32% less repeat investments, than reductions

Existing positions increased: 64 | Existing positions reduced: 94

35% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 20

Holders
254
Holders Change
-12
Holders Change %
-4.51%
% of All Funds
3.67%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
13
Increased
64
Reduced
94
Closed
20
Calls
$10K
Puts
Net Calls
+$10K
Net Calls Change
-$12K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$183M -$10.8M -102,459 -6%
Wells Fargo
2
Wells Fargo
California
$55.2M -$4.42M -42,115 -7%
LPL Financial
3
LPL Financial
California
$47.9M -$6.22M -59,187 -11%
Bank of America
4
Bank of America
North Carolina
$29.9M -$1.9M -18,052 -6%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$24.5M +$57K +543 +0.2%
UBS Group
6
UBS Group
Switzerland
$24M -$687K -6,543 -3%
PCH
7
PGIM Custom Harvest
New Jersey
$18.8M +$9.38M +89,294 +98%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$18.1M -$310K -2,955 -2%
RJA
9
Raymond James & Associates
Florida
$17.1M -$641K -6,102 -4%
Cetera Investment Advisers
10
Cetera Investment Advisers
Illinois
$11.9M -$1.67M -15,895 -12%
Ameriprise
11
Ameriprise
Minnesota
$11.7M -$201K -1,915 -2%
Goldman Sachs
12
Goldman Sachs
New York
$10.9M -$440K -4,190 -4%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$10.9M +$241K +2,292 +2%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$9.06M +$60.2K +573 +0.7%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$8.22M +$221K +2,105 +3%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$8M -$423K -4,027 -5%
Osaic Holdings
17
Osaic Holdings
Arizona
$6.83M -$927K -8,829 -12%
VAS
18
Vestmark Advisory Solutions
Massachusetts
$6.81M +$124K +1,183 +2%
HFP
19
Holistic Financial Partners
Indiana
$4.95M -$154K -1,465 -3%
AssetMark Inc
20
AssetMark Inc
California
$4.68M +$1.03M +9,842 +28%
AAS
21
Avantax Advisory Services
Texas
$4.29M -$59.9K -570 -1%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$4.17M -$158K -1,507 -4%
Corient Private Wealth
23
Corient Private Wealth
Florida
$4.08M -$2.2M -20,944 -35%
PAG
24
Private Advisor Group
New Jersey
$3.91M -$287K -2,729 -7%
Truist Financial
25
Truist Financial
North Carolina
$3.81M +$27.4K +261 +0.7%

FXH Hedge Fund Activity: Q2 2024 in Review

254 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Health Care AlphaDEX Fund (FXH) for Q2 2024, worth a combined $674M — down 9.4% from $744M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FXH and 13 opened new positions — a net loss of 7 holders — while 94 trimmed existing stakes and 64 added.

The largest buyer was PGIM Custom Harvest, adding an estimated $9.38M. The largest seller was Morgan Stanley, cutting an estimated $10.8M.

  • 254 institutional investors held First Trust Health Care AlphaDEX Fund (FXH) as of Q2 2024, down from 266 in Q1 2024.
  • Funds reported $674M of First Trust Health Care AlphaDEX Fund stock for Q2 2024, down 9.4% quarter-over-quarter.
  • 13 funds opened new First Trust Health Care AlphaDEX Fund positions in Q2 2024 and 20 closed out, a net change of -7 holders.
  • The largest First Trust Health Care AlphaDEX Fund buyer in Q2 2024 was PGIM Custom Harvest, an estimated $9.38M added.
  • The largest First Trust Health Care AlphaDEX Fund seller in Q2 2024 was Morgan Stanley, an estimated $10.8M sold.

Based on aggregated 13F filings for Q2 2024.