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First Trust Technology AlphaDEX Fund

223 hedge funds and large institutions have $898M invested in First Trust Technology AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 61 increasing their positions, 70 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 14

38% more capital invested

Capital invested by funds: $651M → $898M (+$247M)

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

10.87% more ownership

Funds ownership: 56.48%67.35% (+11%)

8% more funds holding

Funds holding: 207223 (+16)

13% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 70

Holders
223
Holders Change
+16
Holders Change %
+7.73%
% of All Funds
3.25%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.12%
New
31
Increased
61
Reduced
70
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
$228M +$108M +930,055 +110%
Wells Fargo
2
Wells Fargo
California
$87.9M -$145K -1,247 -0.2%
LPL Financial
3
LPL Financial
California
$60.1M +$5.77M +49,575 +12%
RJA
4
Raymond James & Associates
Florida
$38.2M +$11.2M +96,113 +48%
UBS Group
5
UBS Group
Switzerland
$23.6M -$4.85M -41,648 -18%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$23.5M +$648K +5,564 +3%
RW
7
RVW Wealth
California
$22.5M +$947K +8,133 +5%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$22.3M -$58.3K -501 -0.3%
Bank of America
9
Bank of America
North Carolina
$22.2M -$32K -275 -0.2%
Truist Financial
10
Truist Financial
North Carolina
$20.8M +$6.37M +54,672 +51%
GCA
11
Genesee Capital Advisors
New York
$19.6M +$2.62M +22,503 +17%
Osaic Holdings
12
Osaic Holdings
Arizona
$16.9M +$363K +3,121 +2%
VAS
13
Vestmark Advisory Solutions
Massachusetts
$16.5M +$271K +2,326 +2%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$16M -$375K -3,225 -3%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$14.9M -$328K -2,818 -2%
JAWM
16
J. Arnold Wealth Management
Ohio
$14.4M +$539K +4,631 +4%
MCM
17
MAI Capital Management
Ohio
$14.1M -$477K -4,097 -4%
Stifel Financial
18
Stifel Financial
Missouri
$12.6M -$146K -1,257 -1%
Ameriprise
19
Ameriprise
Minnesota
$11.3M -$303K -2,602 -3%
NA
20
NewEdge Advisors
Louisiana
$9.51M +$1.48M +12,669 +21%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$7.64M +$86.9K +746 +1%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$7.51M -$5.16M -44,313 -43%
CWA
23
Choice Wealth Advisors
Maine
$7.45M -$58K -498 -0.8%
KIG
24
Kowal Investment Group
Wisconsin
$6.92M +$39.1K +336 +0.6%
VCM
25
Virtue Capital Management
Tennessee
$6.22M -$3.91M -33,556 -40%

FXL Hedge Fund Activity: Q4 2023 in Review

223 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q4 2023, worth a combined $898M — up 38% from $651M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new FXL positions and 14 closed out — a net gain of 17 holders — while 61 added to existing stakes and 70 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $108M. The largest seller was Valley Wealth Managers, cutting an estimated $5.48M.

  • 223 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q4 2023, up from 207 in Q3 2023.
  • Funds reported $898M of First Trust Technology AlphaDEX Fund stock for Q4 2023, up 38% quarter-over-quarter.
  • 31 funds opened new First Trust Technology AlphaDEX Fund positions in Q4 2023 and 14 closed out, a net change of +17 holders.
  • The largest First Trust Technology AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $108M added.
  • The largest First Trust Technology AlphaDEX Fund seller in Q4 2023 was Valley Wealth Managers, an estimated $5.48M sold.

Based on aggregated 13F filings for Q4 2023.