First Trust Technology AlphaDEX Fund
205 hedge funds and large institutions have $806M invested in First Trust Technology AlphaDEX Fund in 2022 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 97 reducing their positions, and 36 closing their positions.
3.52% less ownership
Funds ownership: 61.2% → 57.68% (-3.5%)
9% less funds holding
Funds holding: 226 → 205 (-21)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
34% less capital invested
Capital invested by funds: $1.21B → $806M (-$409M)
50% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 36
56% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 97
Top Buyers
| 1 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$19.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.19M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$5.35M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$3.38M |
| 5 |
Goldman Sachs
New York
|
+$1.87M |
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$50.2M |
| 2 |
Morgan Stanley
New York
|
-$38.6M |
| 3 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$35.3M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$16.7M |
| 5 |
ODG
O'Dell Group
Cincinnati,
Ohio
|
-$14.3M |
FXL Hedge Fund Activity: Q1 2022 in Review
205 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2022, worth a combined $806M — down 34% from $1.21B a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of FXL and 18 opened new positions — a net loss of 18 holders — while 97 trimmed existing stakes and 43 added.
The largest buyer was Win Advisors, adding an estimated $19.6M. The largest seller was Wells Fargo, cutting an estimated $50.2M.
- 205 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2022, down from 226 in Q4 2021.
- Funds reported $806M of First Trust Technology AlphaDEX Fund stock for Q1 2022, down 34% quarter-over-quarter.
- 18 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2022 and 36 closed out, a net change of -18 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2022 was Win Advisors, an estimated $19.6M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2022 was Wells Fargo, an estimated $50.2M sold.
Based on aggregated 13F filings for Q1 2022.