First Trust Technology AlphaDEX Fund
63 hedge funds and large institutions have $647M invested in First Trust Technology AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 32 increasing their positions, 7 reducing their positions, and 2 closing their positions.
950% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 2
357% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 7
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more capital invested
Capital invested by funds: $343M → $647M (+$304M)
43% more funds holding
Funds holding: 44 → 63 (+19)
6.67% more ownership
Funds ownership: 70.66% → 77.33% (+6.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$131M |
| 2 |
Morgan Stanley
New York
|
+$22.5M |
| 3 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$19.8M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$16.8M |
| 5 |
Citigroup
New York
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FA
FDx Advisors
Chicago,
Illinois
|
-$2.03M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.39M |
| 3 |
AssetMark Inc
Concord,
California
|
-$975K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$586K |
| 5 |
FIM
Fernwood Investment Management
Quincy,
Massachusetts
|
-$294K |
FXL Hedge Fund Activity: Q1 2014 in Review
63 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2014, worth a combined $647M — up 89% from $343M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXL positions and 2 closed out — a net gain of 19 holders — while 32 added to existing stakes and 7 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $131M. The largest seller was FDx Advisors, cutting an estimated $2.03M.
- 63 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2014, up from 44 in Q4 2013.
- Funds reported $647M of First Trust Technology AlphaDEX Fund stock for Q1 2014, up 89% quarter-over-quarter.
- 21 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2014 and 2 closed out, a net change of +19 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $131M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2014 was FDx Advisors, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2014.