First Trust Financials AlphaDEX Fund
97 hedge funds and large institutions have $476M invested in First Trust Financials AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 39 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
7% more capital invested
Capital invested by funds: $444M → $476M (+$31.7M)
5% more funds holding
Funds holding: 92 → 97 (+5)
1.96% more ownership
Funds ownership: 59.35% → 61.3% (+2%)
8% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$14.2M |
| 2 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
+$5.08M |
| 3 |
SPL
Smart Portfolios LLC
Seattle,
Washington
|
+$4.96M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.56M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.15M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.02M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.87M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.62M |
| 5 |
Goldman Sachs
New York
|
-$3.47M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$16K | -700 | Closed |
|
|
LWM
102
LBA Wealth Management
Jacksonville,
Florida
| – | -$5K | -213 | Closed |
|
103
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -100 | Closed |
|
FXO Hedge Fund Activity: Q3 2016 in Review
97 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2016, worth a combined $476M — up 7.1% from $444M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXO positions and 7 closed out — a net gain of 7 holders — while 36 added to existing stakes and 39 trimmed.
The largest buyer was Wells Fargo, adding an estimated $14.2M. The largest seller was Morgan Stanley, cutting an estimated $9.15M.
- 97 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2016, up from 92 in Q2 2016.
- Funds reported $476M of First Trust Financials AlphaDEX Fund stock for Q3 2016, up 7.1% quarter-over-quarter.
- 14 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2016 and 7 closed out, a net change of +7 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2016 was Wells Fargo, an estimated $14.2M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2016 was Morgan Stanley, an estimated $9.15M sold.
Based on aggregated 13F filings for Q3 2016.