First Trust Technology AlphaDEX Fund
70 hedge funds and large institutions have $566M invested in First Trust Technology AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 22 increasing their positions, 30 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
11% more funds holding
Funds holding: 63 → 70 (+7)
6.18% less ownership
Funds ownership: 77.33% → 71.15% (-6.2%)
13% less capital invested
Capital invested by funds: $647M → $566M (-$81.5M)
27% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$11.7M |
| 2 |
Morgan Stanley
New York
|
+$4.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.11M |
| 4 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$2.36M |
| 5 |
SG Americas Securities
New York
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$76.9M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$13.9M |
| 3 |
Citigroup
New York
|
-$10.8M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.98M |
| 5 |
Goldman Sachs
New York
|
-$6.02M |
FXL Hedge Fund Activity: Q2 2014 in Review
70 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2014, worth a combined $566M — down 13% from $647M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FXL positions and 5 closed out — a net gain of 8 holders — while 22 added to existing stakes and 30 trimmed.
The largest buyer was Astor Investment Management, adding an estimated $11.7M. The largest seller was F-Squared Investment Management, cutting an estimated $76.9M.
- 70 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2014, up from 63 in Q1 2014.
- Funds reported $566M of First Trust Technology AlphaDEX Fund stock for Q2 2014, down 13% quarter-over-quarter.
- 13 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2014 and 5 closed out, a net change of +8 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2014 was Astor Investment Management, an estimated $11.7M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $76.9M sold.
Based on aggregated 13F filings for Q2 2014.