First Trust Technology AlphaDEX Fund
203 hedge funds and large institutions have $661M invested in First Trust Technology AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 43 increasing their positions, 68 reducing their positions, and 24 closing their positions.
21% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 24
10% more capital invested
Capital invested by funds: $601M → $661M (+$60.6M)
2% more funds holding
Funds holding: 199 → 203 (+4)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
0.36% less ownership
Funds ownership: 56.65% → 56.29% (-0.36%)
37% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 68
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $294K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$8.88M |
| 2 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$5.54M |
| 3 |
RW
RVW Wealth
Los Angeles,
California
|
+$4.64M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.38M |
| 5 |
Morgan Stanley
New York
|
+$3.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$4.69M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.45M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$4.15M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.12M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.59M |
FXL Hedge Fund Activity: Q2 2023 in Review
203 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2023, worth a combined $661M — up 10% from $601M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FXL positions and 24 closed out — a net gain of 5 holders — while 43 added to existing stakes and 68 trimmed.
The largest buyer was Vestmark Advisory Solutions, adding an estimated $8.88M. The largest seller was World Equity Group, exiting entirely with an estimated $4.69M sold.
- 203 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2023, up from 199 in Q1 2023.
- Funds reported $661M of First Trust Technology AlphaDEX Fund stock for Q2 2023, up 10% quarter-over-quarter.
- 29 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2023 and 24 closed out, a net change of +5 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2023 was Vestmark Advisory Solutions, an estimated $8.88M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2023 was World Equity Group, an estimated $4.69M sold.
Based on aggregated 13F filings for Q2 2023.