First Trust Financials AlphaDEX Fund
FXO
188 hedge funds and large institutions have $654M invested in First Trust Financials AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 57 increasing their positions, 78 reducing their positions, and 12 closing their positions.
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
1% more funds holding
Funds holding: 186 → 188 (+2)
0.15% less ownership
Funds ownership: 62.92% → 62.77% (-0.15%)
6% less capital invested
Capital invested by funds: $695M → $654M (-$40.7M)
27% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 78
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.85M |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$2.96M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.24M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.01M |
| 5 |
CA
Crumly & Associates
Springfield,
Illinois
|
+$1.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.23M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$5.99M |
| 3 |
Jane Street
New York
|
-$3.34M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.69M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.86M |
FXO Hedge Fund Activity: Q3 2022 in Review
188 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2022, worth a combined $654M — down 5.9% from $695M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXO positions and 12 closed out — a net gain of 2 holders — while 57 added to existing stakes and 78 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.85M. The largest seller was Morgan Stanley, cutting an estimated $6.23M.
- 188 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2022, up from 186 in Q2 2022.
- Funds reported $654M of First Trust Financials AlphaDEX Fund stock for Q3 2022, down 5.9% quarter-over-quarter.
- 14 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2022 and 12 closed out, a net change of +2 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2022 was LPL Financial, an estimated $6.85M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2022 was Morgan Stanley, an estimated $6.23M sold.
Based on aggregated 13F filings for Q3 2022.