First Trust Technology AlphaDEX Fund
45 hedge funds and large institutions have $251M invested in First Trust Technology AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 7 reducing their positions, and 5 closing their positions.
229% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 7
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
86% more capital invested
Capital invested by funds: $135M → $251M (+$116M)
16.6% more ownership
Funds ownership: 52.24% → 68.84% (+17%)
7% more funds holding
Funds holding: 42 → 45 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$53.8M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$26.7M |
| 3 |
SG Americas Securities
New York
|
+$6.63M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.68M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$5.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.55M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.33M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$563K |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$229K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$148K |
FXL Hedge Fund Activity: Q3 2013 in Review
45 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2013, worth a combined $251M — up 86% from $135M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FXL positions and 5 closed out — a net gain of 5 holders — while 23 added to existing stakes and 7 trimmed.
The largest buyer was Navellier & Associates, adding an estimated $53.8M. The largest seller was Virtu Financial, cutting an estimated $2.55M.
- 45 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2013, up from 42 in Q2 2013.
- Funds reported $251M of First Trust Technology AlphaDEX Fund stock for Q3 2013, up 86% quarter-over-quarter.
- 10 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2013 and 5 closed out, a net change of +5 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2013 was Navellier & Associates, an estimated $53.8M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2013 was Virtu Financial, an estimated $2.55M sold.
Based on aggregated 13F filings for Q3 2013.