First Trust Financials AlphaDEX Fund
117 hedge funds and large institutions have $651M invested in First Trust Financials AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 37 increasing their positions, 48 reducing their positions, and 10 closing their positions.
140% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 10
13% more funds holding
Funds holding: 104 → 117 (+13)
7% more capital invested
Capital invested by funds: $610M → $651M (+$40.6M)
2.56% less ownership
Funds ownership: 63.31% → 60.75% (-2.6%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
23% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.2M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$10.2M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$7.61M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$7.12M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$4.68M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$11.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$5.79M |
| 3 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$3.16M |
| 4 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$2.87M |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$2.05M |
FXO Hedge Fund Activity: Q1 2017 in Review
117 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2017, worth a combined $651M — up 6.7% from $610M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FXO positions and 10 closed out — a net gain of 14 holders — while 37 added to existing stakes and 48 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.2M. The largest seller was Credit Suisse, exiting entirely with an estimated $11.9M sold.
- 117 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2017, up from 104 in Q4 2016.
- Funds reported $651M of First Trust Financials AlphaDEX Fund stock for Q1 2017, up 6.7% quarter-over-quarter.
- 24 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2017 and 10 closed out, a net change of +14 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2017 was Morgan Stanley, an estimated $12.2M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2017 was Credit Suisse, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2017.