First Trust Technology AlphaDEX Fund
79 hedge funds and large institutions have $272M invested in First Trust Technology AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 46 reducing their positions, and 11 closing their positions.
2% less funds holding
Funds holding: 81 → 79 (-2)
5.47% less ownership
Funds ownership: 62.72% → 57.25% (-5.5%)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
22% less capital invested
Capital invested by funds: $349M → $272M (-$77M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
59% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 46
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.31M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.03M |
| 3 |
VF
Virtu Financial
New York
|
+$1.65M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.43M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$16.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.8M |
| 3 |
LPL Financial
San Diego,
California
|
-$10.2M |
| 4 |
Goldman Sachs
New York
|
-$9.72M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$7.55M |
FXL Hedge Fund Activity: Q2 2016 in Review
79 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2016, worth a combined $272M — down 22% from $349M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FXL and 9 opened new positions — a net loss of 2 holders — while 46 trimmed existing stakes and 19 added.
The largest buyer was Citadel Advisors, adding an estimated $2.31M. The largest seller was Wells Fargo, cutting an estimated $16.6M.
- 79 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2016, down from 81 in Q1 2016.
- Funds reported $272M of First Trust Technology AlphaDEX Fund stock for Q2 2016, down 22% quarter-over-quarter.
- 9 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2016 and 11 closed out, a net change of -2 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2016 was Citadel Advisors, an estimated $2.31M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2016 was Wells Fargo, an estimated $16.6M sold.
Based on aggregated 13F filings for Q2 2016.