First Trust Financials AlphaDEX Fund
153 hedge funds and large institutions have $642M invested in First Trust Financials AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 13 closing their positions.
215% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 13
65% more capital invested
Capital invested by funds: $389M → $642M (+$253M)
41% more repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 37
20% more funds holding
Funds holding: 128 → 153 (+25)
5.45% more ownership
Funds ownership: 57.68% → 63.14% (+5.5%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$36.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$21.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$18.1M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$17.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IPW
IronBridge Private Wealth
Austin,
Texas
|
-$8.07M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$4.64M |
| 3 |
Goldman Sachs
New York
|
-$3.64M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$2.51M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.36M |
FXO Hedge Fund Activity: Q1 2021 in Review
153 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2021, worth a combined $642M — up 65% from $389M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FXO positions and 13 closed out — a net gain of 28 holders — while 52 added to existing stakes and 37 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $36.8M. The largest seller was IronBridge Private Wealth, cutting an estimated $8.07M.
- 153 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2021, up from 128 in Q4 2020.
- Funds reported $642M of First Trust Financials AlphaDEX Fund stock for Q1 2021, up 65% quarter-over-quarter.
- 41 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2021 and 13 closed out, a net change of +28 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2021 was Morgan Stanley, an estimated $36.8M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2021 was IronBridge Private Wealth, an estimated $8.07M sold.
Based on aggregated 13F filings for Q1 2021.