First Trust Technology AlphaDEX Fund
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.
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
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$108M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.2M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$6.37M |
| 4 |
LPL Financial
San Diego,
California
|
+$5.77M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
+$3.67M |
Top Sellers
| 1 |
VWM
Valley Wealth Managers
Paramus,
New Jersey
|
-$5.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.43M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$4.85M |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$3.91M |
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.