First Trust Technology AlphaDEX Fund
105 hedge funds and large institutions have $399M invested in First Trust Technology AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 40 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
10% more capital invested
Capital invested by funds: $363M → $399M (+$35.8M)
9% more funds holding
Funds holding: 96 → 105 (+9)
1.51% less ownership
Funds ownership: 60.56% → 59.05% (-1.5%)
18% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$7.46M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$5.18M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.38M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.22M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$9.42M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.45M |
| 3 |
Millennium Management
New York
|
-$2.07M |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$1.94M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$1.7M |
FXL Hedge Fund Activity: Q2 2017 in Review
105 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2017, worth a combined $399M — up 9.9% from $363M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FXL positions and 6 closed out — a net gain of 9 holders — while 33 added to existing stakes and 40 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $7.46M. The largest seller was United Capital Financial Advisors, cutting an estimated $9.42M.
- 105 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2017, up from 96 in Q1 2017.
- Funds reported $399M of First Trust Technology AlphaDEX Fund stock for Q2 2017, up 9.9% quarter-over-quarter.
- 15 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2017 and 6 closed out, a net change of +9 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2017 was Hays Advisory, an estimated $7.46M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2017 was United Capital Financial Advisors, an estimated $9.42M sold.
Based on aggregated 13F filings for Q2 2017.