First Trust Technology AlphaDEX Fund
186 hedge funds and large institutions have $1.66B invested in First Trust Technology AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 63 increasing their positions, 71 reducing their positions, and 10 closing their positions.
270% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 10
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
20% more capital invested
Capital invested by funds: $1.38B → $1.66B (+$280M)
13% more funds holding
Funds holding: 164 → 186 (+22)
1.46% less ownership
Funds ownership: 77.64% → 76.18% (-1.5%)
11% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 71
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$23.5M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$18.3M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$11.7M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$10.7M |
| 5 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$67.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30.3M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$12.4M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.53M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$4.06M |
FXL Hedge Fund Activity: Q1 2019 in Review
186 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2019, worth a combined $1.66B — up 20% from $1.38B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new FXL positions and 10 closed out — a net gain of 27 holders — while 63 added to existing stakes and 71 trimmed.
The largest buyer was Fulcrum Equity Management, opening a new position worth an estimated $23.5M. The largest seller was First Trust Advisors, cutting an estimated $67.5M.
- 186 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2019, up from 164 in Q4 2018.
- Funds reported $1.66B of First Trust Technology AlphaDEX Fund stock for Q1 2019, up 20% quarter-over-quarter.
- 37 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2019 and 10 closed out, a net change of +27 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2019 was Fulcrum Equity Management, an estimated $23.5M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2019 was First Trust Advisors, an estimated $67.5M sold.
Based on aggregated 13F filings for Q1 2019.