First Trust Financials AlphaDEX Fund
72 hedge funds and large institutions have $636M invested in First Trust Financials AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 31 increasing their positions, 21 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
48% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 21
9% more funds holding
Funds holding: 66 → 72 (+6)
5.66% less ownership
Funds ownership: 76.73% → 71.07% (-5.7%)
16% less capital invested
Capital invested by funds: $755M → $636M (-$120M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
91% less call options, than puts
Call options by funds: $22K | Put options by funds: $245K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$10.9M |
| 2 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$4.64M |
| 3 |
Morgan Stanley
New York
|
+$4.38M |
| 4 |
SG Americas Securities
New York
|
+$3.55M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$84.5M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$14.6M |
| 3 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$12M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.31M |
| 5 |
Goldman Sachs
New York
|
-$7.85M |
FXO Hedge Fund Activity: Q2 2014 in Review
72 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2014, worth a combined $636M — down 16% from $755M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXO positions and 7 closed out — a net gain of 7 holders — while 31 added to existing stakes and 21 trimmed.
The largest buyer was Astor Investment Management, adding an estimated $10.9M. The largest seller was F-Squared Investment Management, cutting an estimated $84.5M.
- 72 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2014, up from 66 in Q1 2014.
- Funds reported $636M of First Trust Financials AlphaDEX Fund stock for Q2 2014, down 16% quarter-over-quarter.
- 14 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2014 and 7 closed out, a net change of +7 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q2 2014 was Astor Investment Management, an estimated $10.9M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $84.5M sold.
Based on aggregated 13F filings for Q2 2014.