First Trust Technology AlphaDEX Fund
71 hedge funds and large institutions have $633M invested in First Trust Technology AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 36 increasing their positions, 21 reducing their positions, and 11 closing their positions.
71% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 21
12% more capital invested
Capital invested by funds: $566M → $633M (+$67.5M)
7.63% more ownership
Funds ownership: 71.15% → 78.78% (+7.6%)
1% more funds holding
Funds holding: 70 → 71 (+1)
9% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 11
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$51.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.7M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$8.74M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$7.79M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$6.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$21.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.27M |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
-$2.95M |
| 4 |
SG Americas Securities
New York
|
-$2.24M |
| 5 |
VF
Virtu Financial
New York
|
-$1.86M |
FXL Hedge Fund Activity: Q3 2014 in Review
71 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2014, worth a combined $633M — up 12% from $566M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXL positions and 11 closed out — a net gain of 1 holder — while 36 added to existing stakes and 21 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $51.6M. The largest seller was Hays Advisory, cutting an estimated $21.6M.
- 71 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2014, up from 70 in Q2 2014.
- Funds reported $633M of First Trust Technology AlphaDEX Fund stock for Q3 2014, up 12% quarter-over-quarter.
- 12 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2014 and 11 closed out, a net change of +1 holder.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2014 was F-Squared Investment Management, an estimated $51.6M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2014 was Hays Advisory, an estimated $21.6M sold.
Based on aggregated 13F filings for Q3 2014.