First Trust Technology AlphaDEX Fund
226 hedge funds and large institutions have $1.22B invested in First Trust Technology AlphaDEX Fund in 2021 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 42 increasing their positions, 95 reducing their positions, and 21 closing their positions.
105% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 21
8% more funds holding
Funds holding: 210 → 226 (+16)
8.96% less ownership
Funds ownership: 70.16% → 61.2% (-9%)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
34% less capital invested
Capital invested by funds: $1.86B → $1.22B (-$640M)
56% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 95
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$39.3M |
| 2 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$17M |
| 3 |
Jane Street
New York
|
+$7.2M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
+$5.91M |
| 5 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$4.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$591M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$31.2M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$30.8M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$24M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$19.1M |
FXL Hedge Fund Activity: Q4 2021 in Review
226 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q4 2021, worth a combined $1.22B — down 34% from $1.86B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new FXL positions and 21 closed out — a net gain of 22 holders — while 42 added to existing stakes and 95 trimmed.
The largest buyer was J. Arnold Wealth Management, adding an estimated $39.3M. The largest seller was First Trust Advisors, exiting entirely with an estimated $591M sold.
- 226 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q4 2021, up from 210 in Q3 2021.
- Funds reported $1.22B of First Trust Technology AlphaDEX Fund stock for Q4 2021, down 34% quarter-over-quarter.
- 43 funds opened new First Trust Technology AlphaDEX Fund positions in Q4 2021 and 21 closed out, a net change of +22 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q4 2021 was J. Arnold Wealth Management, an estimated $39.3M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q4 2021 was First Trust Advisors, an estimated $591M sold.
Based on aggregated 13F filings for Q4 2021.