First Trust Financials AlphaDEX Fund
90 hedge funds and large institutions have $459M invested in First Trust Financials AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 46 reducing their positions, and 20 closing their positions.
0.66% more ownership
Funds ownership: 63.43% → 64.1% (+0.66%)
11% less funds holding
Funds holding: 101 → 90 (-11)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
31% less capital invested
Capital invested by funds: $660M → $459M (-$202M)
43% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 46
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$30.3M |
| 2 |
VF
Virtu Financial
New York
|
+$5.25M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.41M |
| 4 |
AIG
American International Group
New York
|
+$1.16M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$45.1M |
| 2 |
Morgan Stanley
New York
|
-$41.5M |
| 3 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$22.9M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$17.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$17.4M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$257K | -11,078 | Closed |
|
|
TFA
102
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$252K | -10,850 | Closed |
|
|
SI
103
Stephens Inc
Little Rock,
Arkansas
| – | -$227K | -9,809 | Closed |
|
|
RFC
104
Regions Financial Corp
Birmingham,
Alabama
| – | -$210K | -9,055 | Closed |
|
|
AIM
105
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$134K | -5,784 | Closed |
|
|
ACM
106
Argentus Capital Management
Dallas,
Texas
| – | -$62K | -2,690 | Closed |
|
|
MFW
107
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$23K | -1,000 | Closed |
|
|
NMIS
108
Northwestern Mutual Investment Services
Milwaukee,
Wisconsin
| – | -$1K | -63 | Closed |
|
|
AIA
109
Allegis Investment Advisors
Idaho Falls,
Idaho
| – | -$1K | -62 | Closed |
|
FXO Hedge Fund Activity: Q1 2016 in Review
90 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2016, worth a combined $459M — down 31% from $660M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXO and 10 opened new positions — a net loss of 10 holders — while 46 trimmed existing stakes and 26 added.
The largest buyer was Goldman Sachs, adding an estimated $30.3M. The largest seller was Wells Fargo, cutting an estimated $45.1M.
- 90 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2016, down from 101 in Q4 2015.
- Funds reported $459M of First Trust Financials AlphaDEX Fund stock for Q1 2016, down 31% quarter-over-quarter.
- 10 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2016 and 20 closed out, a net change of -10 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2016 was Goldman Sachs, an estimated $30.3M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2016 was Wells Fargo, an estimated $45.1M sold.
Based on aggregated 13F filings for Q1 2016.