First Trust Technology AlphaDEX Fund
235 hedge funds and large institutions have $784M invested in First Trust Technology AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 51 increasing their positions, 77 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: 229 → 235 (+6)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.44% less ownership
Funds ownership: 58.49% → 58.05% (-0.44%)
2% less capital invested
Capital invested by funds: $801M → $784M (-$16.1M)
28% less call options, than puts
Call options by funds: $722K | Put options by funds: $1.01M
34% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.11M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.91M |
| 3 |
SFC
Strategic Financial Concepts
San Antonio,
Texas
|
+$3.49M |
| 4 |
Morgan Stanley
New York
|
+$3.25M |
| 5 |
Jane Street
New York
|
+$2.47M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.2M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.26M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$6.23M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$6.17M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.54M |
FXL Hedge Fund Activity: Q2 2024 in Review
235 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Trust Technology AlphaDEX Fund (FXL) for Q2 2024, worth a combined $784M — down 2% from $801M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FXL positions and 15 closed out — a net gain of 9 holders — while 51 added to existing stakes and 77 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $4.11M. The largest seller was Wells Fargo, cutting an estimated $8.2M.
- 235 institutional investors held First Trust Technology AlphaDEX Fund (FXL) as of Q2 2024, up from 229 in Q1 2024.
- Funds reported $784M of First Trust Technology AlphaDEX Fund stock for Q2 2024, down 2% quarter-over-quarter.
- 24 funds opened new First Trust Technology AlphaDEX Fund positions in Q2 2024 and 15 closed out, a net change of +9 holders.
- The largest First Trust Technology AlphaDEX Fund buyer in Q2 2024 was Raymond James & Associates, an estimated $4.11M added.
- The largest First Trust Technology AlphaDEX Fund seller in Q2 2024 was Wells Fargo, an estimated $8.2M sold.
Based on aggregated 13F filings for Q2 2024.