First Trust Technology AlphaDEX Fund
87 hedge funds and large institutions have $858M invested in First Trust Technology AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 51 increasing their positions, 14 reducing their positions, and 2 closing their positions.
850% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 2
264% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 14
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
36% more capital invested
Capital invested by funds: $633M → $858M (+$225M)
23% more funds holding
Funds holding: 71 → 87 (+16)
9.31% less ownership
Funds ownership: 78.78% → 69.47% (-9.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$65.5M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$23.2M |
| 3 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$20.8M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$11.3M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$8.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.14M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$1.25M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.08M |
| 4 |
NES
New England Securities
New York
|
-$814K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$794K |
FXL Hedge Fund Activity: Q4 2014 in Review
87 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q4 2014, worth a combined $858M — up 36% from $633M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FXL positions and 2 closed out — a net gain of 17 holders — while 51 added to existing stakes and 14 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $65.5M. The largest seller was Beaumont Financial Advisors, cutting an estimated $2.14M.
- 87 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q4 2014, up from 71 in Q3 2014.
- Funds reported $858M of First Trust Technology AlphaDEX Fund stock for Q4 2014, up 36% quarter-over-quarter.
- 19 funds opened new First Trust Technology AlphaDEX Fund positions in Q4 2014 and 2 closed out, a net change of +17 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q4 2014 was F-Squared Investment Management, an estimated $65.5M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q4 2014 was Beaumont Financial Advisors, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2014.