We are live on ! Find out more
FXL icon

First Trust Technology AlphaDEX Fund
FXL

223 hedge funds and large institutions have $898M invested in First Trust Technology AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 61 increasing their positions, 70 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 14

38% more capital invested

Capital invested by funds: $651M → $898M (+$247M)

14% more funds holding in top 10

Funds holding in top 10: 7 → 8 (+1)

10.87% more ownership

Funds ownership: 56.48% → 67.35% (+11%)

8% more funds holding

Funds holding: 207 → 223 (+16)

13% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 70

Holders
223
Holders Change
+16
Holders Change %
+7.73%
% of All Funds
3.25%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
31
Increased
61
Reduced
70
Closed
14
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Morgan Stanley
Morgan Stanley
New York
+$108M
2
RJA
Raymond James & Associates
Florida
+$11.2M
3
Truist Financial
Truist Financial
North Carolina
+$6.37M
4
LPL Financial
LPL Financial
California
+$5.77M
5
NA
Navellier & Associates
Nevada
+$3.67M

Top Sellers

1
VWM
Valley Wealth Managers
New Jersey
-$5.48M
2
Citadel Advisors
Citadel Advisors
Florida
-$5.43M
3
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$5.16M
4
UBS Group
UBS Group
Switzerland
-$4.85M
5
VCM
Virtue Capital Management
Tennessee
-$3.91M
Name Holding Trade Value Shares
Change 		Change in
Stake
DADC
26
D.A. Davidson & Co
Montana
$6.07M -$330K -2,837 -6%
CA
27
Cetera Advisors
Colorado
$5.24M +$117K +1,001 +3%
TWM
28
Triton Wealth Management
Arizona
$4.61M -$155K -1,330 -3%
SFG
29
Socha Financial Group
New York
$4.6M -$55.1K -473 -1%
IWM
30
IHT Wealth Management
Illinois
$4.45M +$1.48M +12,723 +58%
KPWS
31
Kestra Private Wealth Services
Texas
$4.11M +$77.8K +668 +2%
NA
32
Navellier & Associates
Nevada
$4.03M +$3.67M +31,492 New
Susquehanna International Group
33
Susquehanna International Group
Pennsylvania
$3.9M -$1.34M -11,536 -27%
IPW
34
IronBridge Private Wealth
Texas
$3.81M +$3.46M +29,734 New
Goldman Sachs
35
Goldman Sachs
New York
$3.7M +$2.48M +21,280 +279%
CIA
36
Concurrent Investment Advisors
Florida
$3.55M +$3.23M +27,730 New
Cetera Investment Advisers
37
Cetera Investment Advisers
Illinois
$3.45M -$32.3K -277 -1%
CAS
38
Coppell Advisory Solutions
Texas
$3.43M +$3.11M +26,674 +28,377%
SB
39
Strategic Blueprint
Georgia
$3.29M +$272K +2,338 +10%
VWM
40
Valley Wealth Managers
New Jersey
$2.91M -$5.48M -47,057 -67%
Jane Street
41
Jane Street
New York
$2.87M +$1.88M +16,167 +259%
SWM
42
Spire Wealth Management
Virginia
$2.85M -$99.9K -858 -4%
AWM
43
AE Wealth Management
Kansas
$2.77M -$1.74M -14,984 -42%
SPWM
44
Schrum Private Wealth Management
Florida
$2.63M -$452K -3,880 -16%
Two Sigma Advisers
45
Two Sigma Advisers
New York
$2.47M +$1.25M +10,700 +124%
US Bancorp
46
US Bancorp
Minnesota
$2.29M -$10.4K -89 -0.5%
Baird Financial Group
47
Baird Financial Group
Wisconsin
$2.11M -$92.3K -793 -5%
MIM
48
MTM Investment Management
South Carolina
$2.1M -$5.71K -49 -0.3%
SI
49
Stephens Inc
Arkansas
$2.08M – – –
LSA
50
L & S Advisors
California
$2.06M +$197K +1,692 +12%
1
2
3 4 5

FXL Hedge Fund Activity: Q4 2023 in Review

223 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q4 2023, worth a combined $898M — up 38% from $651M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FXL positions and 14 closed out — a net gain of 17 holders — while 61 added to existing stakes and 70 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $108M. The largest seller was Valley Wealth Managers, cutting an estimated $5.48M.

  • 223 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q4 2023, up from 207 in Q3 2023.
  • Funds reported $898M of First Trust Technology AlphaDEX Fund stock for Q4 2023, up 38% quarter-over-quarter.
  • 31 funds opened new First Trust Technology AlphaDEX Fund positions in Q4 2023 and 14 closed out, a net change of +17 holders.
  • The largest First Trust Technology AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $108M added.
  • The largest First Trust Technology AlphaDEX Fund seller in Q4 2023 was Valley Wealth Managers, an estimated $5.48M sold.

Based on aggregated 13F filings for Q4 2023.