First Trust Technology AlphaDEX Fund
229 hedge funds and large institutions have $801M invested in First Trust Technology AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 53 increasing their positions, 87 reducing their positions, and 15 closing their positions.
60% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 15
3% more funds holding
Funds holding: 223 → 229 (+6)
2% more capital invested
Capital invested by funds: $784M → $801M (+$16.7M)
0.31% less ownership
Funds ownership: 58.8% → 58.49% (-0.31%)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
39% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 87
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.71M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.98M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.26M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.07M |
| 5 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$7.17M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.62M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.04M |
| 4 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
-$3.76M |
| 5 |
Goldman Sachs
New York
|
-$3.7M |
FXL Hedge Fund Activity: Q1 2024 in Review
229 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q1 2024, worth a combined $801M — up 2.1% from $784M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FXL positions and 15 closed out — a net gain of 9 holders — while 53 added to existing stakes and 87 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.71M. The largest seller was Raymond James & Associates, cutting an estimated $7.17M.
- 229 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q1 2024, up from 223 in Q4 2023.
- Funds reported $801M of First Trust Technology AlphaDEX Fund stock for Q1 2024, up 2.1% quarter-over-quarter.
- 24 funds opened new First Trust Technology AlphaDEX Fund positions in Q1 2024 and 15 closed out, a net change of +9 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q1 2024 was Wells Fargo, an estimated $6.71M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q1 2024 was Raymond James & Associates, an estimated $7.17M sold.
Based on aggregated 13F filings for Q1 2024.