First Trust Financials AlphaDEX Fund
75 hedge funds and large institutions have $730M invested in First Trust Financials AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 44 increasing their positions, 14 reducing their positions, and 8 closing their positions.
214% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 14
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
15% more capital invested
Capital invested by funds: $636M → $730M (+$94.2M)
6.26% more ownership
Funds ownership: 71.07% → 77.33% (+6.3%)
4% more funds holding
Funds holding: 72 → 75 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
79% less call options, than puts
Call options by funds: $44K | Put options by funds: $208K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$59.3M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$9.51M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$8.2M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$4.38M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$3.64M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$3.19M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.13M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$1.3M |
| 5 |
Morgan Stanley
New York
|
-$807K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
SG Americas Securities
New York
| – | -$3.64M | -163,415 | Closed |
|
|
77
HighTower Advisors
Chicago,
Illinois
| – | -$3.19M | -143,214 | Closed |
|
|
SAM
78
Shamrock Asset Management
Dallas,
Texas
| – | -$1.3M | -58,355 | Closed |
|
79
Jane Street
New York
| – | -$434K | -19,482 | Closed |
|
|
CS
80
Comerica Securities
Detroit,
Michigan
| – | -$352K | -15,809 | Closed |
|
|
VKH
81
Virtu KCG Holdings
New York
| – | -$310K | -13,914 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$15K | -675 | Closed |
|
|
CFS
83
Community Financial System
Dewitt,
New York
| – | -$3K | -135 | Closed |
|
FXO Hedge Fund Activity: Q3 2014 in Review
75 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2014, worth a combined $730M — up 15% from $636M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FXO positions and 8 closed out — a net gain of 3 holders — while 44 added to existing stakes and 14 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $59.3M. The largest seller was SG Americas Securities, exiting entirely with an estimated $3.64M sold.
- 75 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2014, up from 72 in Q2 2014.
- Funds reported $730M of First Trust Financials AlphaDEX Fund stock for Q3 2014, up 15% quarter-over-quarter.
- 11 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2014 and 8 closed out, a net change of +3 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2014 was F-Squared Investment Management, an estimated $59.3M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2014 was SG Americas Securities, an estimated $3.64M sold.
Based on aggregated 13F filings for Q3 2014.