First Trust Technology AlphaDEX Fund
96 hedge funds and large institutions have $363M invested in First Trust Technology AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 33 increasing their positions, 35 reducing their positions, and 16 closing their positions.
8% more capital invested
Capital invested by funds: $335M → $363M (+$27.5M)
2.78% more ownership
Funds ownership: 57.78% → 60.56% (+2.8%)
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0% more funds holding
Funds holding: 96 → 96 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
6% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$15.6M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$4.24M |
| 3 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$3.48M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.18M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$17.7M |
| 2 |
Morgan Stanley
New York
|
-$9.55M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.55M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.51M |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$3.49M |
FXL Hedge Fund Activity: Q1 2017 in Review
96 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2017, worth a combined $363M — up 8.2% from $335M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXL positions and 16 closed out — a net gain of 1 holder — while 33 added to existing stakes and 35 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $15.6M. The largest seller was Hays Advisory, exiting entirely with an estimated $17.7M sold.
- 96 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $363M of First Trust Technology AlphaDEX Fund stock for Q1 2017, up 8.2% quarter-over-quarter.
- 17 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2017 and 16 closed out, a net change of +1 holder.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2017 was Millennium Management, an estimated $15.6M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2017 was Hays Advisory, an estimated $17.7M sold.
Based on aggregated 13F filings for Q1 2017.