First Trust Technology AlphaDEX Fund
162 hedge funds and large institutions have $1.76B invested in First Trust Technology AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 78 increasing their positions, 40 reducing their positions, and 13 closing their positions.
95% more repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 40
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
17% more capital invested
Capital invested by funds: $1.5B → $1.76B (+$252M)
7% more funds holding
Funds holding: 151 → 162 (+11)
1.37% less ownership
Funds ownership: 76.9% → 75.53% (-1.4%)
18% less funds holding in top 10
Funds holding in top 10: 11 → 9 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $604K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$16M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$14.4M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$13.3M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.47M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$8.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$19.1M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$13.7M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.46M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$7.72M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$5.34M |
FXL Hedge Fund Activity: Q3 2018 in Review
162 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2018, worth a combined $1.76B — up 17% from $1.5B a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FXL positions and 13 closed out — a net gain of 11 holders — while 78 added to existing stakes and 40 trimmed.
The largest buyer was Wells Fargo, adding an estimated $16M. The largest seller was First Trust Advisors, cutting an estimated $19.1M.
- 162 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2018, up from 151 in Q2 2018.
- Funds reported $1.76B of First Trust Technology AlphaDEX Fund stock for Q3 2018, up 17% quarter-over-quarter.
- 24 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2018 and 13 closed out, a net change of +11 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2018 was Wells Fargo, an estimated $16M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2018 was First Trust Advisors, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2018.