First Trust Technology AlphaDEX Fund
151 hedge funds and large institutions have $1.5B invested in First Trust Technology AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 66 increasing their positions, 50 reducing their positions, and 15 closing their positions.
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
32% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 50
5% more capital invested
Capital invested by funds: $1.44B → $1.5B (+$67.3M)
0.54% less ownership
Funds ownership: 77.43% → 76.9% (-0.54%)
7% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 15
3% less funds holding
Funds holding: 155 → 151 (-4)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $602K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$12.6M |
| 2 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$4.37M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$3.45M |
| 4 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
+$3.1M |
| 5 |
Jane Street
New York
|
+$3.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.56M |
| 2 |
CF
Copperwynd Financial
Scottsdale,
Arizona
|
-$2.41M |
| 3 |
VF
Virtu Financial
New York
|
-$2.18M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.44M |
| 5 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$1.22M |
FXL Hedge Fund Activity: Q2 2018 in Review
151 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2018, worth a combined $1.5B — up 4.7% from $1.44B a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FXL and 14 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 66 added.
The largest buyer was First Trust Advisors, adding an estimated $12.6M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.56M.
- 151 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2018, down from 155 in Q1 2018.
- Funds reported $1.5B of First Trust Technology AlphaDEX Fund stock for Q2 2018, up 4.7% quarter-over-quarter.
- 14 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2018 and 15 closed out, a net change of -1 holder.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2018 was First Trust Advisors, an estimated $12.6M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2018 was Raymond James Financial Services Advisors, an estimated $6.56M sold.
Based on aggregated 13F filings for Q2 2018.