First Trust Technology AlphaDEX Fund
184 hedge funds and large institutions have $1.66B invested in First Trust Technology AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 67 increasing their positions, 76 reducing their positions, and 18 closing their positions.
0.57% less ownership
Funds ownership: 75.3% → 74.72% (-0.57%)
3% less capital invested
Capital invested by funds: $1.71B → $1.66B (-$44.8M)
2% less funds holding
Funds holding: 188 → 184 (-4)
12% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 76
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
36% less funds holding in top 10
Funds holding in top 10: 11 → 7 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$11.4M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$10.9M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$8.52M |
| 4 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$8M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$7.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$17.4M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$10.5M |
| 3 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$6.61M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.6M |
| 5 |
RCG
Ruggie Capital Group
Tavares,
Florida
|
-$4.78M |
FXL Hedge Fund Activity: Q3 2019 in Review
184 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2019, worth a combined $1.66B — down 2.6% from $1.71B a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of FXL and 15 opened new positions — a net loss of 3 holders — while 76 trimmed existing stakes and 67 added.
The largest buyer was Navellier & Associates, adding an estimated $11.4M. The largest seller was First Trust Advisors, cutting an estimated $17.4M.
- 184 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2019, down from 188 in Q2 2019.
- Funds reported $1.66B of First Trust Technology AlphaDEX Fund stock for Q3 2019, down 2.6% quarter-over-quarter.
- 15 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2019 and 18 closed out, a net change of -3 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2019 was Navellier & Associates, an estimated $11.4M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2019 was First Trust Advisors, an estimated $17.4M sold.
Based on aggregated 13F filings for Q3 2019.