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First Trust Financials AlphaDEX Fund

177 hedge funds and large institutions have $492M invested in First Trust Financials AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 95 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.11% less ownership

Funds ownership: 62.21%57.1% (-5.1%)

15% less funds holding

Funds holding: 209177 (-32)

24% less call options, than puts

Call options by funds: $226K | Put options by funds: $298K

25% less capital invested

Capital invested by funds: $656M → $492M (-$164M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

58% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 95

73% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 41

Holders
177
Holders Change
-32
Holders Change %
-15.31%
% of All Funds
2.78%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
40
Reduced
95
Closed
41
Calls
$226K
Puts
$298K
Net Calls
-$72K
Net Calls Change
-$72K
Name Holding Trade Value Shares
Change
Change in
Stake
Cambridge Investment Research Advisors
26
Cambridge Investment Research Advisors
Iowa
$2.84M -$1.57M -42,707 -36%
SPIA
27
Steward Partners Investment Advisory
New York
$2.43M -$1.79M -48,562 -43%
SAM
28
Secure Asset Management
Michigan
$2.24M -$272K -7,385 -11%
Susquehanna International Group
29
Susquehanna International Group
Pennsylvania
$2.17M -$1.32M -35,828 -38%
TRCT
30
Tower Research Capital (TRC)
New York
$2.16M +$1.44M +39,096 +214%
CA
31
Cetera Advisors
Colorado
$2.11M -$203K -5,515 -9%
Rockefeller Capital Management
32
Rockefeller Capital Management
New York
$2.05M -$117K -3,170 -6%
CAN
33
Cetera Advisor Networks
California
$2.03M +$675K +18,342 +52%
BNP Paribas Financial Markets
34
BNP Paribas Financial Markets
France
$1.9M +$1.85M +50,328 New
LNC
35
Lincoln National Corp
Pennsylvania
$1.85M +$47.3K +1,284 +3%
KCFA
36
Key Client Fiduciary Advisors
New Jersey
$1.84M -$136K -3,692 -7%
PAG
37
Private Advisor Group
New Jersey
$1.81M -$1.81M -49,305 -51%
IFG
38
Independent Financial Group
California
$1.74M -$74.5K -2,023 -4%
Creative Planning
39
Creative Planning
Kansas
$1.71M -$50.7K -1,378 -3%
CS
40
Credit Suisse
Switzerland
$1.65M
PFMU
41
Privium Fund Management (UK)
United Kingdom
$1.64M
WWM
42
Western Wealth Management
Colorado
$1.63M -$72.2K -1,962 -4%
BRWA
43
B. Riley Wealth Advisors
Florida
$1.61M -$313K -8,509 -17%
CWA
44
Choice Wealth Advisors
Maine
$1.48M +$56.5K +1,536 +4%
PFA
45
Plotkin Financial Advisors
Maryland
$1.44M -$148K -4,019 -9%
SWM
46
Spire Wealth Management
Virginia
$1.44M +$120K +3,258 +9%
PFS
47
Prospera Financial Services
Texas
$1.35M -$139K -3,765 -9%
BA
48
Ballew Advisors
Mississippi
$1.34M -$13.5K -368 -1%
PSF
49
Pacific Sun Financial
California
$1.3M +$1.28M +34,703 New
PPG
50
Peak Planning Group
Colorado
$1.23M -$10.3K -281 -0.9%

FXO Hedge Fund Activity: Q2 2023 in Review

177 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2023, worth a combined $492M — down 25% from $656M a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of FXO and 11 opened new positions — a net loss of 30 holders — while 95 trimmed existing stakes and 40 added.

The largest buyer was Coppell Advisory Solutions, adding an estimated $3.93M. The largest seller was Morgan Stanley, cutting an estimated $30.2M.

  • 177 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2023, down from 209 in Q1 2023.
  • Funds reported $492M of First Trust Financials AlphaDEX Fund stock for Q2 2023, down 25% quarter-over-quarter.
  • 11 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2023 and 41 closed out, a net change of -30 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q2 2023 was Coppell Advisory Solutions, an estimated $3.93M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q2 2023 was Morgan Stanley, an estimated $30.2M sold.

Based on aggregated 13F filings for Q2 2023.