First Trust Technology AlphaDEX Fund
105 hedge funds and large institutions have $361M invested in First Trust Technology AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 39 increasing their positions, 41 reducing their positions, and 8 closing their positions.
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
0% more funds holding
Funds holding: 105 → 105 (0)
5% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 41
4.37% less ownership
Funds ownership: 59.05% → 54.68% (-4.4%)
9% less capital invested
Capital invested by funds: $399M → $361M (-$37.4M)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.95M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$1.83M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.63M |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$874K |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$655K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$17.7M |
| 2 |
Millennium Management
New York
|
-$14.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$9.77M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.53M |
| 5 |
Morgan Stanley
New York
|
-$5.77M |
FXL Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $361M — down 9.4% from $399M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FXL positions and 8 closed out — a net gain of 3 holders — while 39 added to existing stakes and 41 trimmed.
The largest buyer was Bank of America, adding an estimated $3.95M. The largest seller was Navellier & Associates, exiting entirely with an estimated $17.7M sold.
- 105 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $361M of First Trust Technology AlphaDEX Fund stock for Q3 2017, down 9.4% quarter-over-quarter.
- 11 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2017 and 8 closed out, a net change of +3 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2017 was Bank of America, an estimated $3.95M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2017 was Navellier & Associates, an estimated $17.7M sold.
Based on aggregated 13F filings for Q3 2017.