First Trust Technology AlphaDEX Fund
83 hedge funds and large institutions have $461M invested in First Trust Technology AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 45 reducing their positions, and 16 closing their positions.
3.52% more ownership
Funds ownership: 64.76% → 68.28% (+3.5%)
3% less funds holding
Funds holding: 86 → 83 (-3)
13% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 16
19% less capital invested
Capital invested by funds: $571M → $461M (-$110M)
56% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 45
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$41.4M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$25.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$13.8M |
| 4 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$4.34M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.42M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$21.9M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$21.4M |
| 3 |
Morgan Stanley
New York
|
-$19.2M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$15.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$10.8M |
FXL Hedge Fund Activity: Q3 2015 in Review
83 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2015, worth a combined $461M — down 19% from $571M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FXL and 14 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 20 added.
The largest buyer was Goldman Sachs, adding an estimated $41.4M. The largest seller was Shamrock Asset Management, exiting entirely with an estimated $21.9M sold.
- 83 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2015, down from 86 in Q2 2015.
- Funds reported $461M of First Trust Technology AlphaDEX Fund stock for Q3 2015, down 19% quarter-over-quarter.
- 14 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2015 and 16 closed out, a net change of -2 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2015 was Goldman Sachs, an estimated $41.4M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2015 was Shamrock Asset Management, an estimated $21.9M sold.
Based on aggregated 13F filings for Q3 2015.