First Trust Financials AlphaDEX Fund
155 hedge funds and large institutions have $1.32B invested in First Trust Financials AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 59 increasing their positions, 44 reducing their positions, and 21 closing their positions.
147% more capital invested
Capital invested by funds: $534M → $1.32B (+$785M)
52% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 21
34% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 44
21.94% more ownership
Funds ownership: 53.33% → 75.27% (+22%)
7% more funds holding
Funds holding: 145 → 155 (+10)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$539M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$49.1M |
| 3 |
Morgan Stanley
New York
|
+$47.9M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$19.7M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$16.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$12.3M |
| 2 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
-$3.57M |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$3.23M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.7M |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$1.84M |
FXO Hedge Fund Activity: Q3 2019 in Review
155 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2019, worth a combined $1.32B — up 147% from $534M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FXO positions and 21 closed out — a net gain of 11 holders — while 59 added to existing stakes and 44 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $539M. The largest seller was Navellier & Associates, exiting entirely with an estimated $12.3M sold.
- 155 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2019, up from 145 in Q2 2019.
- Funds reported $1.32B of First Trust Financials AlphaDEX Fund stock for Q3 2019, up 147% quarter-over-quarter.
- 32 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2019 and 21 closed out, a net change of +11 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2019 was First Trust Advisors, an estimated $539M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2019 was Navellier & Associates, an estimated $12.3M sold.
Based on aggregated 13F filings for Q3 2019.