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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
SI
101
Stephens Inc
Arkansas
$366K +$552 +15 +0.2%
FFL
102
Financial Freedom LLC
Ohio
$355K +$1.73K +47 +0.5%
WIA
103
World Investment Advisors
California
$355K -$25.6K -695 -7%
OWA
104
Outlook Wealth Advisors
Texas
$351K -$89.5K -2,431 -21%
GWM
105
Geneos Wealth Management
Colorado
$347K -$205K -5,567 -38%
RFWA
106
RPg Family Wealth Advisory
Massachusetts
$337K +$18.1K +492 +6%
FAIM
107
Financial Advocates Investment Management
Washington
$320K -$91.4K -2,484 -23%
JWCA
108
J.W. Cole Advisors
Florida
$311K +$23.6K +642 +8%
AWM
109
Apollon Wealth Management
South Carolina
$307K -$190K -5,173 -39%
FFN
110
Focus Financial Network
Minnesota
$307K -$651K -17,686 -68%
SFS
111
Security Financial Services
Indiana
$303K
AR
112
Apeiron RIA
Texas
$301K
Carson Wealth (CWM LLC)
113
Carson Wealth (CWM LLC)
Nebraska
$300K -$7.21K -196 -2%
PA
114
PFG Advisors
Arizona
$285K +$405 +11 +0.1%
FH
115
FWG Holdings
Florida
$282K +$294 +8 +0.1%
NA
116
NewEdge Advisors
Louisiana
$269K -$90.7K -2,465 -26%
LA
117
LexAurum Advisors
Kansas
$263K -$33.8K -918 -12%
SG
118
StoneX Group
New York
$262K -$57.5K -1,562 -18%
BTI
119
Blue Trust Inc
Georgia
$257K +$254K +6,890 New
RJT
120
Raymond James Trust
Florida
$248K +$8.1K +220 +3%
JMPWA
121
JP Morgan Private Wealth Advisors
California
$246K -$129K -3,509 -35%
AAS
122
Avantax Advisory Services
Texas
$241K +$1.22K +33 +0.5%
SL
123
Savior LLC
Massachusetts
$240K -$3.19M -86,738 -93%
AWA
124
Arkadios Wealth Advisors
Georgia
$238K -$576K -15,647 -71%
EP
125
Eudaimonia Partners
Tennessee
$234K

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.