First Trust Financials AlphaDEX Fund
144 hedge funds and large institutions have $524M invested in First Trust Financials AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 40 increasing their positions, 65 reducing their positions, and 21 closing their positions.
6% more capital invested
Capital invested by funds: $497M → $524M (+$27.7M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.75% less ownership
Funds ownership: 55.39% → 53.65% (-1.7%)
3% less funds holding
Funds holding: 149 → 144 (-5)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
38% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.95M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.4M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$3.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.42M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$10.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.05M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.9M |
| 4 |
Morgan Stanley
New York
|
-$6.61M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$4.63M |
FXO Hedge Fund Activity: Q1 2019 in Review
144 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2019, worth a combined $524M — up 5.6% from $497M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FXO and 18 opened new positions — a net loss of 3 holders — while 65 trimmed existing stakes and 40 added.
The largest buyer was Wells Fargo, adding an estimated $8.95M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $10.6M sold.
- 144 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2019, down from 149 in Q4 2018.
- Funds reported $524M of First Trust Financials AlphaDEX Fund stock for Q1 2019, up 5.6% quarter-over-quarter.
- 18 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2019 and 21 closed out, a net change of -3 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2019 was Wells Fargo, an estimated $8.95M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2019 was FormulaFolio Investments, an estimated $10.6M sold.
Based on aggregated 13F filings for Q1 2019.