First Trust Technology AlphaDEX Fund
188 hedge funds and large institutions have $586M invested in First Trust Technology AlphaDEX Fund in 2022 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 41 increasing their positions, 89 reducing their positions, and 26 closing their positions.
1.83% less ownership
Funds ownership: 57.68% → 55.85% (-1.8%)
8% less funds holding
Funds holding: 205 → 188 (-17)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
27% less capital invested
Capital invested by funds: $806M → $586M (-$219M)
54% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 89
58% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.66M |
| 2 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$2.08M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.72M |
| 4 |
CI
CX Institutional
Auburn,
Indiana
|
+$1.17M |
| 5 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.6M |
| 2 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$17.3M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.08M |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$6.4M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.73M |
FXL Hedge Fund Activity: Q2 2022 in Review
188 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2022, worth a combined $586M — down 27% from $806M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FXL and 11 opened new positions — a net loss of 15 holders — while 89 trimmed existing stakes and 41 added.
The largest buyer was Citadel Advisors, adding an estimated $3.66M. The largest seller was Morgan Stanley, cutting an estimated $17.6M.
- 188 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2022, down from 205 in Q1 2022.
- Funds reported $586M of First Trust Technology AlphaDEX Fund stock for Q2 2022, down 27% quarter-over-quarter.
- 11 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2022 and 26 closed out, a net change of -15 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2022 was Citadel Advisors, an estimated $3.66M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2022 was Morgan Stanley, an estimated $17.6M sold.
Based on aggregated 13F filings for Q2 2022.