We are live on ! Find out more
FXL icon

First Trust Technology AlphaDEX Fund

207 hedge funds and large institutions have $651M invested in First Trust Technology AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 67 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 14

2% more funds holding

Funds holding: 203207 (+4)

0.19% more ownership

Funds ownership: 56.29%56.48% (+0.19%)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

2% less capital invested

Capital invested by funds: $661M → $651M (-$10.4M)

27% less repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 67

Holders
207
Holders Change
+4
Holders Change %
+1.97%
% of All Funds
3.29%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
21
Increased
49
Reduced
67
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$94.4M -$5.25M -45,953 -5%
Wells Fargo
2
Wells Fargo
California
$76.4M -$2.79M -24,396 -3%
LPL Financial
3
LPL Financial
California
$46.6M -$380K -3,328 -0.8%
UBS Group
4
UBS Group
Switzerland
$25.1M +$208K +1,817 +0.8%
RJA
5
Raymond James & Associates
Florida
$22.5M -$1.4M -12,275 -6%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$19.8M +$1.11M +9,715 +6%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$19.4M -$248K -2,169 -1%
Bank of America
8
Bank of America
North Carolina
$19.3M +$175K +1,527 +0.9%
RW
9
RVW Wealth
California
$18.6M +$1.56M +13,650 +9%
GCA
10
Genesee Capital Advisors
New York
$14.5M -$330K -2,889 -2%
Osaic Holdings
11
Osaic Holdings
Arizona
$14.4M +$154K +1,347 +1%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$14.3M +$173K +1,509 +1%
VAS
13
Vestmark Advisory Solutions
Massachusetts
$14M -$1.6M -13,984 -10%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$13.3M -$213K -1,861 -2%
MCM
15
MAI Capital Management
Ohio
$12.6M -$1M -8,748 -7%
JAWM
16
J. Arnold Wealth Management
Ohio
$12M +$12.3M +107,942 +276,774%
Truist Financial
17
Truist Financial
North Carolina
$11.9M -$4.61M -40,344 -27%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$11.4M +$5.29M +46,316 +82%
Stifel Financial
19
Stifel Financial
Missouri
$11.1M -$119K -1,038 -1%
Ameriprise
20
Ameriprise
Minnesota
$10.1M +$1.34M +11,740 +15%
VCM
21
Virtue Capital Management
Tennessee
$9.63M
VWM
22
Valley Wealth Managers
New Jersey
$7.76M +$7.98M +69,816 New
NA
23
NewEdge Advisors
Louisiana
$6.72M +$3.2M +27,958 +86%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$6.55M +$2.15M +18,849 +47%
CWA
25
Choice Wealth Advisors
Maine
$6.52M +$4K +35 +0.1%

FXL Hedge Fund Activity: Q3 2023 in Review

207 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q3 2023, worth a combined $651M — down 1.6% from $661M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new FXL positions and 14 closed out — a net gain of 7 holders — while 49 added to existing stakes and 67 trimmed.

The largest buyer was J. Arnold Wealth Management, adding an estimated $12.3M. The largest seller was Coppell Advisory Solutions, cutting an estimated $6.04M.

  • 207 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q3 2023, up from 203 in Q2 2023.
  • Funds reported $651M of First Trust Technology AlphaDEX Fund stock for Q3 2023, down 1.6% quarter-over-quarter.
  • 21 funds opened new First Trust Technology AlphaDEX Fund positions in Q3 2023 and 14 closed out, a net change of +7 holders.
  • The largest First Trust Technology AlphaDEX Fund buyer in Q3 2023 was J. Arnold Wealth Management, an estimated $12.3M added.
  • The largest First Trust Technology AlphaDEX Fund seller in Q3 2023 was Coppell Advisory Solutions, an estimated $6.04M sold.

Based on aggregated 13F filings for Q3 2023.