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First Trust Financials AlphaDEX Fund

209 hedge funds and large institutions have $656M invested in First Trust Financials AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 78 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.54% less ownership

Funds ownership: 62.75%62.21% (-0.54%)

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

3% less funds holding

Funds holding: 215209 (-6)

6% less capital invested

Capital invested by funds: $697M → $656M (-$41.8M)

15% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 78

Holders
209
Holders Change
-6
Holders Change %
-2.79%
% of All Funds
3.33%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
30
Increased
66
Reduced
78
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FFN
76
Focus Financial Network
Minnesota
$964K +$603K +14,286 +124%
WAP
77
Wealthcare Advisory Partners
Pennsylvania
$960K +$1.09M +25,729 New
CAC
78
Certified Advisory Corp
Florida
$928K +$2.53K +60 +0.2%
HI
79
Harbour Investments
Wisconsin
$904K +$145K +3,431 +17%
PPWM
80
Paragon Private Wealth Management
Kentucky
$894K -$266K -6,303 -21%
National Bank of Canada
81
National Bank of Canada
Quebec, Canada
$853K
WP
82
WealthSource Partners
California
$833K -$844 -20 -0.1%
BFEC
83
Benjamin F. Edwards & Company
Missouri
$820K -$1.24M -29,441 -57%
AWA
84
Arkadios Wealth Advisors
Georgia
$819K +$150K +3,547 +19%
AAS
85
Ameritas Advisory Services
Nebraska
$817K -$399K -9,462 -30%
TSS
86
Two Sigma Securities
New York
$803K +$656K +15,538 +261%
SAM
87
SignalPoint Asset Management
Missouri
$797K -$3.84K -91 -0.4%
VWA
88
Visionary Wealth Advisors
Illinois
$790K +$652K +15,436 +269%
SPC
89
Sigma Planning Corp
Michigan
$790K +$323K +7,651 +57%
Jane Street
90
Jane Street
New York
$724K -$116K -2,753 -12%
OIA
91
OneDigital Investment Advisors
Kansas
$724K -$58.5K -1,387 -7%
CCB
92
Cutter & Co Brokerage
Missouri
$720K +$30.4K +721 +4%
CW
93
CreativeOne Wealth
Kansas
$708K +$168K +3,984 +27%
IWC
94
Integrated Wealth Concepts
Massachusetts
$707K +$22.4K +530 +3%
HAG
95
HF Advisory Group
Maryland
$686K -$20.6K -488 -3%
EH
96
Equitable Holdings
New York
$685K -$39.7K -940 -5%
TRCT
97
Tower Research Capital (TRC)
New York
$682K -$1.16M -27,395 -60%
FEM
98
Fulcrum Equity Management
Texas
$638K +$721K +17,078 New
Bank of Montreal
99
Bank of Montreal
Ontario, Canada
$623K -$13.7K -324 -2%
MCM
100
MAI Capital Management
Ohio
$588K -$34.4K -815 -5%

FXO Hedge Fund Activity: Q1 2023 in Review

209 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2023, worth a combined $656M — down 6% from $697M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of FXO and 30 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 66 added.

The largest buyer was Portfolio Strategies, opening a new position worth an estimated $16.2M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $18.4M.

  • 209 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2023, down from 215 in Q4 2022.
  • Funds reported $656M of First Trust Financials AlphaDEX Fund stock for Q1 2023, down 6% quarter-over-quarter.
  • 30 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2023 and 32 closed out, a net change of -2 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q1 2023 was Portfolio Strategies, an estimated $16.2M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $18.4M sold.

Based on aggregated 13F filings for Q1 2023.