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First Trust Financials AlphaDEX Fund

132 hedge funds and large institutions have $656M invested in First Trust Financials AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 38 increasing their positions, 43 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 23

11% more funds holding

Funds holding: 119132 (+13)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4.93% less ownership

Funds ownership: 61.48%56.55% (-4.9%)

7% less capital invested

Capital invested by funds: $702M → $656M (-$46.1M)

12% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 43

Holders
132
Holders Change
+13
Holders Change %
+10.92%
% of All Funds
2.99%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
36
Increased
38
Reduced
43
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HA
26
Hays Advisory
Tennessee
$2.9M -$910K -29,701 -24%
PFS
27
Prospera Financial Services
Texas
$2.31M +$44.1K +1,440 +2%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$2.28M -$714K -23,297 -24%
HR
29
Howe & Rusling
New York
$2.19M -$166K -5,432 -7%
BFA
30
Beaumont Financial Advisors
Massachusetts
$2.19M -$318K -10,360 -13%
CAN
31
Cetera Advisor Networks
California
$2.06M +$572K +18,675 +40%
OC
32
Oppenheimer & Co
New York
$1.99M +$381K +12,430 +24%
IWM
33
IHT Wealth Management
Illinois
$1.93M +$95.6K +3,120 +5%
BA
34
Ballew Advisors
Mississippi
$1.87M +$1.83M +59,820 New
HFS
35
HL Financial Services
Kentucky
$1.84M +$98.1K +3,202 +6%
MIAN
36
Mariner Independent Advisor Network
Kansas
$1.79M +$1.42M +46,358 +430%
FHC
37
First Heartland Consultants
Missouri
$1.71M -$1.29K -42 -0.1%
LFAS
38
Level Four Advisory Services
Texas
$1.68M +$142K +4,629 +9%
DADC
39
D.A. Davidson & Co
Montana
$1.65M -$62.3K -2,032 -4%
UCFA
40
United Capital Financial Advisors
Texas
$1.62M -$295K -9,615 -16%
IA
41
IFP Advisors
Florida
$1.59M +$389K +12,699 +33%
BRWA
42
B. Riley Wealth Advisors
Florida
$1.57M +$1.53M +49,975 New
SWM
43
Segment Wealth Management
Texas
$1.56M +$896K +29,220 +142%
Jane Street
44
Jane Street
New York
$1.47M -$613K -19,999 -30%
Baird Financial Group
45
Baird Financial Group
Wisconsin
$1.44M +$204K +6,647 +17%
WI
46
Wintrust Investments
Illinois
$1.41M +$46.1K +1,504 +3%
Stifel Financial
47
Stifel Financial
Missouri
$1.41M -$5.69M -185,509 -81%
VCM
48
Virtue Capital Management
Tennessee
$1.23M +$1.2M +39,314 New
CAC
49
Certified Advisory Corp
Florida
$1.17M +$1.14M +37,231 New
FEG
50
Financial Enhancement Group
Indiana
$1.1M +$1.08M +35,142 New

FXO Hedge Fund Activity: Q4 2017 in Review

132 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2017, worth a combined $656M — down 6.6% from $702M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new FXO positions and 23 closed out — a net gain of 13 holders — while 38 added to existing stakes and 43 trimmed.

The largest buyer was BB&T Securities, adding an estimated $12.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $47.1M sold.

  • 132 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2017, up from 119 in Q3 2017.
  • Funds reported $656M of First Trust Financials AlphaDEX Fund stock for Q4 2017, down 6.6% quarter-over-quarter.
  • 36 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2017 and 23 closed out, a net change of +13 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q4 2017 was BB&T Securities, an estimated $12.8M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q4 2017 was Goldman Sachs, an estimated $47.1M sold.

Based on aggregated 13F filings for Q4 2017.