First Trust Financials AlphaDEX Fund
86 hedge funds and large institutions have $920M invested in First Trust Financials AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 17 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
159% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 17
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
26% more capital invested
Capital invested by funds: $730M → $920M (+$190M)
15% more funds holding
Funds holding: 75 → 86 (+11)
7.13% less ownership
Funds ownership: 77.33% → 70.2% (-7.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$67.8M |
| 2 |
Morgan Stanley
New York
|
+$10.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.16M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$7.85M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.22M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.19M |
| 3 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
-$947K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$718K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$635K |
FXO Hedge Fund Activity: Q4 2014 in Review
86 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2014, worth a combined $920M — up 26% from $730M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXO positions and 2 closed out — a net gain of 12 holders — while 44 added to existing stakes and 17 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $67.8M. The largest seller was Royal Bank of Canada, cutting an estimated $2.22M.
- 86 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2014, up from 75 in Q3 2014.
- Funds reported $920M of First Trust Financials AlphaDEX Fund stock for Q4 2014, up 26% quarter-over-quarter.
- 14 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2014 and 2 closed out, a net change of +12 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q4 2014 was F-Squared Investment Management, an estimated $67.8M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q4 2014 was Royal Bank of Canada, an estimated $2.22M sold.
Based on aggregated 13F filings for Q4 2014.