First Trust Technology AlphaDEX Fund
86 hedge funds and large institutions have $571M invested in First Trust Technology AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 51 increasing their positions, 14 reducing their positions, and 8 closing their positions.
264% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 14
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
113% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 8
27% more capital invested
Capital invested by funds: $449M → $571M (+$123M)
10% more funds holding
Funds holding: 78 → 86 (+8)
0.88% more ownership
Funds ownership: 63.88% → 64.76% (+0.88%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$26.1M |
| 3 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$23.2M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$22.6M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$16.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$20M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$11M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$9.18M |
| 4 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
-$8.66M |
| 5 |
SG Americas Securities
New York
|
-$2.16M |
FXL Hedge Fund Activity: Q2 2015 in Review
86 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2015, worth a combined $571M — up 27% from $449M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXL positions and 8 closed out — a net gain of 9 holders — while 51 added to existing stakes and 14 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $28.3M. The largest seller was Beaumont Financial Advisors, cutting an estimated $20M.
- 86 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2015, up from 78 in Q1 2015.
- Funds reported $571M of First Trust Technology AlphaDEX Fund stock for Q2 2015, up 27% quarter-over-quarter.
- 17 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2015 and 8 closed out, a net change of +9 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2015 was Morgan Stanley, an estimated $28.3M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2015 was Beaumont Financial Advisors, an estimated $20M sold.
Based on aggregated 13F filings for Q2 2015.