First Trust Technology AlphaDEX Fund
207 hedge funds and large institutions have $651M invested in First Trust Technology AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 67 reducing their positions, and 14 closing their positions.
50% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 14
2% more funds holding
Funds holding: 203 → 207 (+4)
0.19% more ownership
Funds ownership: 56.29% → 56.48% (+0.19%)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
2% less capital invested
Capital invested by funds: $661M → $651M (-$10.4M)
27% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 67
Top Buyers
Top Sellers
| 1 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$6.04M |
| 2 |
Morgan Stanley
New York
|
-$5.25M |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$4.77M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$4.61M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.79M |
FXL Hedge Fund Activity: Q3 2023 in Review
207 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2023, worth a combined $651M — down 1.6% from $661M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXL positions and 14 closed out — a net gain of 7 holders — while 49 added to existing stakes and 67 trimmed.
The largest buyer was J. Arnold Wealth Management, adding an estimated $12.3M. The largest seller was Coppell Advisory Solutions, cutting an estimated $6.04M.
- 207 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2023, up from 203 in Q2 2023.
- Funds reported $651M of First Trust Technology AlphaDEX Fund stock for Q3 2023, down 1.6% quarter-over-quarter.
- 21 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2023 and 14 closed out, a net change of +7 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2023 was J. Arnold Wealth Management, an estimated $12.3M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2023 was Coppell Advisory Solutions, an estimated $6.04M sold.
Based on aggregated 13F filings for Q3 2023.