First Trust Financials AlphaDEX Fund
92 hedge funds and large institutions have $444M invested in First Trust Financials AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 41 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
2% more funds holding
Funds holding: 90 → 92 (+2)
3% less capital invested
Capital invested by funds: $459M → $444M (-$14.5M)
4.75% less ownership
Funds ownership: 64.1% → 59.35% (-4.7%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
27% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 41
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$8.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.25M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.59M |
| 4 |
Jane Street
New York
|
+$1.47M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$10.3M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.69M |
| 3 |
VF
Virtu Financial
New York
|
-$5.53M |
| 4 |
Morgan Stanley
New York
|
-$4.61M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.96M |
FXO Hedge Fund Activity: Q2 2016 in Review
92 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2016, worth a combined $444M — down 3.2% from $459M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXO positions and 11 closed out — a net gain of 3 holders — while 30 added to existing stakes and 41 trimmed.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $8.41M. The largest seller was LPL Financial, cutting an estimated $10.3M.
- 92 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2016, up from 90 in Q1 2016.
- Funds reported $444M of First Trust Financials AlphaDEX Fund stock for Q2 2016, down 3.2% quarter-over-quarter.
- 14 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2016 and 11 closed out, a net change of +3 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q2 2016 was Brinker Capital Investments, an estimated $8.41M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $10.3M sold.
Based on aggregated 13F filings for Q2 2016.