First Trust Financials AlphaDEX Fund
52 hedge funds and large institutions have $332M invested in First Trust Financials AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 8 closing their positions.
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
72% more capital invested
Capital invested by funds: $193M → $332M (+$139M)
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
10.18% more ownership
Funds ownership: 58.42% → 68.59% (+10%)
0% more funds holding
Funds holding: 52 → 52 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$54.9M |
| 2 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$27.4M |
| 3 |
Morgan Stanley
New York
|
+$11.2M |
| 4 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
+$9.94M |
| 5 |
SG Americas Securities
New York
|
+$7.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$18.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.18M |
| 3 |
Citigroup
New York
|
-$1.96M |
| 4 |
SNC
Stifel Nicolaus & Co
St Louis,
Missouri
|
-$860K |
| 5 |
CK
Carnick & Kubik
Colorado Springs,
Colorado
|
-$852K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
51
Transamerica Financial Advisors
St. Petersburg,
Florida
| $2K | +$1.08K | +55 | New |
|
52
Creative Planning
Overland Park,
Kansas
| $1K | -$147K | -7,500 | -100% |
|
|
HA
53
Hays Advisory
Franklin,
Tennessee
| – | -$18.5M | -984,429 | Closed |
|
|
CK
54
Carnick & Kubik
Colorado Springs,
Colorado
| – | -$852K | -45,320 | Closed |
|
|
RJFSA
55
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$708K | -37,684 | Closed |
|
|
SI
56
Stephens Inc
Little Rock,
Arkansas
| – | -$690K | -36,736 | Closed |
|
|
VFS
57
VSR Financial Services
Overland Park,
Kansas
| – | -$479K | -25,508 | Closed |
|
|
MFS
58
MSI Financial Services
Springfield,
Massachusetts
| – | -$245K | -13,063 | Closed |
|
59
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$12K | -650 | Closed |
|
|
GI
60
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -54 | Closed |
|
FXO Hedge Fund Activity: Q3 2013 in Review
52 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2013, worth a combined $332M — up 72% from $193M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FXO positions and 8 closed out — a net gain of 1 holder — while 27 added to existing stakes and 11 trimmed.
The largest buyer was Navellier & Associates, adding an estimated $54.9M. The largest seller was Hays Advisory, exiting entirely with an estimated $18.5M sold.
- 52 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $332M of First Trust Financials AlphaDEX Fund stock for Q3 2013, up 72% quarter-over-quarter.
- 9 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2013 and 8 closed out, a net change of +1 holder.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2013 was Navellier & Associates, an estimated $54.9M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2013 was Hays Advisory, an estimated $18.5M sold.
Based on aggregated 13F filings for Q3 2013.