First Trust Technology AlphaDEX Fund
181 hedge funds and large institutions have $1.49B invested in First Trust Technology AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 33 increasing their positions, 94 reducing their positions, and 32 closing their positions.
57% more funds holding in top 10
Funds holding in top 10: 7 → 11 (+4)
28% more capital invested
Capital invested by funds: $1.16B → $1.49B (+$325M)
0.18% more ownership
Funds ownership: 71.53% → 71.71% (+0.18%)
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
2% less funds holding
Funds holding: 185 → 181 (-4)
65% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 94
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
+$8.67M |
| 2 |
LPL Financial
San Diego,
California
|
+$7.47M |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$7.36M |
| 4 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$7.33M |
| 5 |
NA
Navellier & Associates
Reno,
Nevada
|
+$6.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$27.3M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$13M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.8M |
| 4 |
Morgan Stanley
New York
|
-$12.4M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.84M |
FXL Hedge Fund Activity: Q2 2020 in Review
181 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2020, worth a combined $1.49B — up 28% from $1.16B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of FXL and 29 opened new positions — a net loss of 3 holders — while 94 trimmed existing stakes and 33 added.
The largest buyer was MML Investors Services, adding an estimated $8.67M. The largest seller was Wells Fargo, cutting an estimated $27.3M.
- 181 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2020, down from 185 in Q1 2020.
- Funds reported $1.49B of First Trust Technology AlphaDEX Fund stock for Q2 2020, up 28% quarter-over-quarter.
- 29 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2020 and 32 closed out, a net change of -3 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2020 was MML Investors Services, an estimated $8.67M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2020 was Wells Fargo, an estimated $27.3M sold.
Based on aggregated 13F filings for Q2 2020.