First Trust Financials AlphaDEX Fund
173 hedge funds and large institutions have $849M invested in First Trust Financials AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 61 increasing their positions, 56 reducing their positions, and 18 closing their positions.
9% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 56
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
1% less funds holding
Funds holding: 174 → 173 (-1)
1.75% less ownership
Funds ownership: 64.61% → 62.87% (-1.7%)
6% less capital invested
Capital invested by funds: $901M → $849M (-$52.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$11.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$10.1M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.04M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$6.87M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$5.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$24.2M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$22.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$22.3M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$9.93M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.61M |
FXO Hedge Fund Activity: Q3 2021 in Review
173 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2021, worth a combined $849M — down 5.8% from $901M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FXO positions and 18 closed out — a net gain of 1 holder — while 61 added to existing stakes and 56 trimmed.
The largest buyer was D.A. Davidson & Co, adding an estimated $11.7M. The largest seller was Empowered Funds, exiting entirely with an estimated $24.2M sold.
- 173 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2021, down from 174 in Q2 2021.
- Funds reported $849M of First Trust Financials AlphaDEX Fund stock for Q3 2021, down 5.8% quarter-over-quarter.
- 19 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2021 and 18 closed out, a net change of +1 holder.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2021 was D.A. Davidson & Co, an estimated $11.7M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2021 was Empowered Funds, an estimated $24.2M sold.
Based on aggregated 13F filings for Q3 2021.