First Trust Financials AlphaDEX Fund
116 hedge funds and large institutions have $320M invested in First Trust Financials AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 24 increasing their positions, 55 reducing their positions, and 27 closing their positions.
0.64% more ownership
Funds ownership: 56% → 56.65% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less capital invested
Capital invested by funds: $326M → $320M (-$6.16M)
9% less funds holding
Funds holding: 128 → 116 (-12)
41% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 27
56% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$7.7M |
| 2 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$6.64M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
+$6.07M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$2.65M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$15.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$13.8M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$11.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$8.54M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.18M |
FXO Hedge Fund Activity: Q2 2020 in Review
116 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2020, worth a combined $320M — down 1.9% from $326M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of FXO and 16 opened new positions — a net loss of 11 holders — while 55 trimmed existing stakes and 24 added.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $7.7M. The largest seller was UBS Group, cutting an estimated $15.2M.
- 116 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2020, down from 128 in Q1 2020.
- Funds reported $320M of First Trust Financials AlphaDEX Fund stock for Q2 2020, down 1.9% quarter-over-quarter.
- 16 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2020 and 27 closed out, a net change of -11 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q2 2020 was Brinker Capital Investments, an estimated $7.7M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q2 2020 was UBS Group, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2020.