First Trust Technology AlphaDEX Fund
76 hedge funds and large institutions have $293M invested in First Trust Technology AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 9 closing their positions.
8% more capital invested
Capital invested by funds: $272M → $293M (+$21.2M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.27% less ownership
Funds ownership: 57.25% → 55.98% (-1.3%)
4% less funds holding
Funds holding: 79 → 76 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$7.11M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.35M |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$2.18M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.34M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.76M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.4M |
| 4 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$3.09M |
| 5 |
Morgan Stanley
New York
|
-$2.65M |
FXL Hedge Fund Activity: Q3 2016 in Review
76 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2016, worth a combined $293M — up 7.8% from $272M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FXL and 8 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 26 added.
The largest buyer was Wells Fargo, adding an estimated $12M. The largest seller was Credit Suisse, cutting an estimated $7.34M.
- 76 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2016, down from 79 in Q2 2016.
- Funds reported $293M of First Trust Technology AlphaDEX Fund stock for Q3 2016, up 7.8% quarter-over-quarter.
- 8 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2016 and 9 closed out, a net change of -1 holder.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2016 was Wells Fargo, an estimated $12M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2016 was Credit Suisse, an estimated $7.34M sold.
Based on aggregated 13F filings for Q3 2016.