First Trust Technology AlphaDEX Fund
44 hedge funds and large institutions have $343M invested in First Trust Technology AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 10 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 11
37% more capital invested
Capital invested by funds: $251M → $343M (+$91.8M)
1.82% more ownership
Funds ownership: 68.84% → 70.66% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
2% less funds holding
Funds holding: 45 → 44 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$109M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$12.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.76M |
| 4 |
Morgan Stanley
New York
|
+$4.41M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$61.4M |
| 2 |
SG Americas Securities
New York
|
-$6.88M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.84M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$3.22M |
| 5 |
Citigroup
New York
|
-$1.36M |
FXL Hedge Fund Activity: Q4 2013 in Review
44 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q4 2013, worth a combined $343M — up 37% from $251M a quarter earlier.
Fund positioning in FXL was balanced in Q4 2013: 10 funds opened new positions, 10 closed out, 22 added to existing stakes and 11 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $109M. The largest seller was Navellier & Associates, cutting an estimated $61.4M.
- 44 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q4 2013, down from 45 in Q3 2013.
- Funds reported $343M of First Trust Technology AlphaDEX Fund stock for Q4 2013, up 37% quarter-over-quarter.
- 10 funds opened new First Trust Technology AlphaDEX Fund positions in Q4 2013 and 10 closed out, a net change of 0 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $109M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $61.4M sold.
Based on aggregated 13F filings for Q4 2013.