First Trust Financials AlphaDEX Fund
119 hedge funds and large institutions have $702M invested in First Trust Financials AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
19% more capital invested
Capital invested by funds: $590M → $702M (+$112M)
6% more funds holding
Funds holding: 112 → 119 (+7)
1.67% more ownership
Funds ownership: 59.81% → 61.48% (+1.7%)
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$21.8M |
| 2 |
Morgan Stanley
New York
|
+$19M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$11.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$10.8M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$6.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.84M |
| 2 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$2.81M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.49M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$2.33M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2.14M |
FXO Hedge Fund Activity: Q3 2017 in Review
119 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2017, worth a combined $702M — up 19% from $590M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FXO positions and 8 closed out — a net gain of 10 holders — while 43 added to existing stakes and 45 trimmed.
The largest buyer was Navellier & Associates, opening a new position worth an estimated $21.8M. The largest seller was Bank of America, cutting an estimated $4.84M.
- 119 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2017, up from 112 in Q2 2017.
- Funds reported $702M of First Trust Financials AlphaDEX Fund stock for Q3 2017, up 19% quarter-over-quarter.
- 18 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2017 and 8 closed out, a net change of +10 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2017 was Navellier & Associates, an estimated $21.8M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2017 was Bank of America, an estimated $4.84M sold.
Based on aggregated 13F filings for Q3 2017.