First Trust Technology AlphaDEX Fund
215 hedge funds and large institutions have $1.73B invested in First Trust Technology AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 46 increasing their positions, 107 reducing their positions, and 28 closing their positions.
1.27% less ownership
Funds ownership: 72.15% → 70.88% (-1.3%)
4% less funds holding
Funds holding: 225 → 215 (-10)
25% less first-time investments, than exits
New positions opened: 21 | Existing positions closed: 28
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
57% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 107
84% less capital inflows, than outflows
Capital inflows: $35.3M | Capital outflows: $218M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.22M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.01M |
| 3 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
+$1.86M |
| 4 |
VVP
Venture Visionary Partners
Sylvania,
Ohio
|
+$1.84M |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$41.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$28.4M |
| 3 |
Morgan Stanley
New York
|
-$26.6M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$17M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$11.2M |
FXL Hedge Fund Activity: Q1 2021 in Review
215 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2021, worth a combined $1.73B — down 8.2% from $1.88B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FXL and 21 opened new positions — a net loss of 7 holders — while 107 trimmed existing stakes and 46 added.
The largest buyer was Citadel Advisors, adding an estimated $4.22M. The largest seller was First Trust Advisors, cutting an estimated $41.1M.
- 215 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2021, down from 225 in Q4 2020.
- Funds reported $1.73B of First Trust Technology AlphaDEX Fund stock for Q1 2021, down 8.2% quarter-over-quarter.
- 21 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2021 and 28 closed out, a net change of -7 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2021 was Citadel Advisors, an estimated $4.22M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2021 was First Trust Advisors, an estimated $41.1M sold.
Based on aggregated 13F filings for Q1 2021.