First Trust Technology AlphaDEX Fund
185 hedge funds and large institutions have $1.16B invested in First Trust Technology AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 51 increasing their positions, 91 reducing their positions, and 35 closing their positions.
2.74% less ownership
Funds ownership: 74.27% → 71.53% (-2.7%)
8% less funds holding
Funds holding: 202 → 185 (-17)
22% less funds holding in top 10
Funds holding in top 10: 9 → 7 (-2)
35% less capital invested
Capital invested by funds: $1.79B → $1.16B (-$629M)
37% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 35
44% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 91
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.5M |
| 2 |
RW
RVW Wealth
Los Angeles,
California
|
+$10M |
| 3 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
+$6.66M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$5.27M |
| 5 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
+$3.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$177M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$35.5M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$17.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$15.9M |
| 5 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$15.2M |
FXL Hedge Fund Activity: Q1 2020 in Review
185 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2020, worth a combined $1.16B — down 35% from $1.79B a quarter earlier.
Sellers outnumbered buyers: 35 funds closed out of FXL and 22 opened new positions — a net loss of 13 holders — while 91 trimmed existing stakes and 51 added.
The largest buyer was Susquehanna International Group, adding an estimated $14.5M. The largest seller was First Trust Advisors, cutting an estimated $177M.
- 185 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2020, down from 202 in Q4 2019.
- Funds reported $1.16B of First Trust Technology AlphaDEX Fund stock for Q1 2020, down 35% quarter-over-quarter.
- 22 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2020 and 35 closed out, a net change of -13 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $14.5M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2020 was First Trust Advisors, an estimated $177M sold.
Based on aggregated 13F filings for Q1 2020.