First Trust Technology AlphaDEX Fund
81 hedge funds and large institutions have $349M invested in First Trust Technology AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 52 reducing their positions, and 15 closing their positions.
7% less funds holding
Funds holding: 87 → 81 (-6)
9.28% less ownership
Funds ownership: 72% → 62.72% (-9.3%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
30% less capital invested
Capital invested by funds: $497M → $349M (-$148M)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
69% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 52
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.83M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$994K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$953K |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$692K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$38.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$19.3M |
| 3 |
Morgan Stanley
New York
|
-$15.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$11.8M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$10.6M |
FXL Hedge Fund Activity: Q1 2016 in Review
81 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2016, worth a combined $349M — down 30% from $497M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FXL and 9 opened new positions — a net loss of 6 holders — while 52 trimmed existing stakes and 16 added.
The largest buyer was Credit Suisse, adding an estimated $3.83M. The largest seller was Goldman Sachs, cutting an estimated $38.4M.
- 81 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2016, down from 87 in Q4 2015.
- Funds reported $349M of First Trust Technology AlphaDEX Fund stock for Q1 2016, down 30% quarter-over-quarter.
- 9 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2016 and 15 closed out, a net change of -6 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2016 was Credit Suisse, an estimated $3.83M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2016 was Goldman Sachs, an estimated $38.4M sold.
Based on aggregated 13F filings for Q1 2016.