First Trust Technology AlphaDEX Fund
192 hedge funds and large institutions have $1.56B invested in First Trust Technology AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 55 increasing their positions, 79 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
6% more funds holding
Funds holding: 181 → 192 (+11)
5% more capital invested
Capital invested by funds: $1.49B → $1.56B (+$76.1M)
0.2% less ownership
Funds ownership: 71.71% → 71.52% (-0.2%)
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
30% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 79
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $385K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$13.3M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$7.49M |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$5.21M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.43M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$46.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$14.1M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$9.79M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.25M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$4.58M |
FXL Hedge Fund Activity: Q3 2020 in Review
192 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2020, worth a combined $1.56B — up 5.1% from $1.49B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FXL positions and 14 closed out — a net gain of 13 holders — while 55 added to existing stakes and 79 trimmed.
The largest buyer was NewSquare Capital, adding an estimated $13.3M. The largest seller was First Trust Advisors, cutting an estimated $46.4M.
- 192 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2020, up from 181 in Q2 2020.
- Funds reported $1.56B of First Trust Technology AlphaDEX Fund stock for Q3 2020, up 5.1% quarter-over-quarter.
- 27 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2020 and 14 closed out, a net change of +13 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2020 was NewSquare Capital, an estimated $13.3M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2020 was First Trust Advisors, an estimated $46.4M sold.
Based on aggregated 13F filings for Q3 2020.