First Trust Technology AlphaDEX Fund
185 hedge funds and large institutions have $524M invested in First Trust Technology AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 45 increasing their positions, 72 reducing their positions, and 14 closing their positions.
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.24% more ownership
Funds ownership: 55.85% → 56.09% (+0.24%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 188 → 185 (-3)
11% less capital invested
Capital invested by funds: $586M → $524M (-$62.5M)
38% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 72
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$9.45M |
| 2 |
CWA
Choice Wealth Advisors
Waterville,
Maine
|
+$5.05M |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$3.35M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$3.07M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.26M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$6.77M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.79M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$4.29M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.85M |
FXL Hedge Fund Activity: Q3 2022 in Review
185 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2022, worth a combined $524M — down 11% from $586M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FXL and 13 opened new positions — a net loss of 1 holder — while 72 trimmed existing stakes and 45 added.
The largest buyer was J. Arnold Wealth Management, adding an estimated $9.45M. The largest seller was Wells Fargo, cutting an estimated $8.26M.
- 185 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2022, down from 188 in Q2 2022.
- Funds reported $524M of First Trust Technology AlphaDEX Fund stock for Q3 2022, down 11% quarter-over-quarter.
- 13 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2022 and 14 closed out, a net change of -1 holder.
- The largest First Trust Technology AlphaDEX Fund buyer in Q3 2022 was J. Arnold Wealth Management, an estimated $9.45M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q3 2022 was Wells Fargo, an estimated $8.26M sold.
Based on aggregated 13F filings for Q3 2022.