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First Trust Financials AlphaDEX Fund

177 hedge funds and large institutions have $492M invested in First Trust Financials AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 40 increasing their positions, 95 reducing their positions, and 41 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.11% less ownership

Funds ownership: 62.21%57.1% (-5.1%)

15% less funds holding

Funds holding: 209177 (-32)

24% less call options, than puts

Call options by funds: $226K | Put options by funds: $298K

25% less capital invested

Capital invested by funds: $656M → $492M (-$164M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

58% less repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 95

73% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 41

Holders
177
Holders Change
-32
Holders Change %
-15.31%
% of All Funds
2.78%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
40
Reduced
95
Closed
41
Calls
$226K
Puts
$298K
Net Calls
-$72K
Net Calls Change
-$72K
Name Holding Trade Value Shares
Change
Change in
Stake
OIA
76
OneDigital Investment Advisors
Kansas
$706K -$25K -679 -4%
BFEC
77
Benjamin F. Edwards & Company
Missouri
$675K -$149K -4,051 -18%
KPWS
78
Kestra Private Wealth Services
Texas
$668K +$117K +3,174 +22%
WP
79
WealthSource Partners
California
$640K -$197K -5,350 -24%
SWP
80
Stratos Wealth Partners
Ohio
$611K +$284K +7,713 +91%
HAG
81
HF Advisory Group
Maryland
$585K -$105K -2,862 -16%
EH
82
Equitable Holdings
New York
$573K -$116K -3,144 -17%
VBFG
83
Vishria Bird Financial Group
Tennessee
$547K
AAS
84
Ameritas Advisory Services
Nebraska
$517K -$300K -8,138 -37%
TA
85
TrueWealth Advisors
Alabama
$473K -$778K -21,127 -63%
IWC
86
Integrated Wealth Concepts
Massachusetts
$471K -$238K -6,455 -34%
CCA
87
Clearwater Capital Advisors
Illinois
$450K -$17.6K -479 -4%
OC
88
Oppenheimer & Co
New York
$448K -$992K -26,946 -69%
SEP
89
Southland Equity Partners
Missouri
$434K -$39.1K -1,063 -8%
MCM
90
MAI Capital Management
Ohio
$426K -$164K -4,443 -28%
William Blair & Company
91
William Blair & Company
Illinois
$411K -$5.34K -145 -1%
PNC Financial Services Group
92
PNC Financial Services Group
Pennsylvania
$402K -$22.4K -609 -5%
CA
93
CoreCap Advisors
Michigan
$384K +$375K +10,186 New
CBFP
94
Cedar Brook Financial Partners
Ohio
$381K +$1.84K +50 +0.5%
HB
95
Horizon Bancorp
Indiana
$379K +$44K +1,195 +14%
ATC
96
Argent Trust Co
Tennessee
$377K
LFAS
97
Level Four Advisory Services
Texas
$372K +$6.18K +168 +2%
Mercer Global Advisors
98
Mercer Global Advisors
Colorado
$371K +$362K +9,840 New
KWM
99
Kingsview Wealth Management
Oregon
$370K
SWM
100
SeaCrest Wealth Management
New York
$368K -$1.99K -54 -0.6%

FXO Hedge Fund Activity: Q2 2023 in Review

177 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2023, worth a combined $492M — down 25% from $656M a quarter earlier.

Sellers outnumbered buyers: 41 funds closed out of FXO and 11 opened new positions — a net loss of 30 holders — while 95 trimmed existing stakes and 40 added.

The largest buyer was Coppell Advisory Solutions, adding an estimated $3.93M. The largest seller was Morgan Stanley, cutting an estimated $30.2M.

  • 177 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2023, down from 209 in Q1 2023.
  • Funds reported $492M of First Trust Financials AlphaDEX Fund stock for Q2 2023, down 25% quarter-over-quarter.
  • 11 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2023 and 41 closed out, a net change of -30 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q2 2023 was Coppell Advisory Solutions, an estimated $3.93M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q2 2023 was Morgan Stanley, an estimated $30.2M sold.

Based on aggregated 13F filings for Q2 2023.