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First Trust Financials AlphaDEX Fund

209 hedge funds and large institutions have $656M invested in First Trust Financials AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 78 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0.54% less ownership

Funds ownership: 62.75%62.21% (-0.54%)

6% less first-time investments, than exits

New positions opened: 30 | Existing positions closed: 32

3% less funds holding

Funds holding: 215209 (-6)

6% less capital invested

Capital invested by funds: $697M → $656M (-$41.8M)

15% less repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 78

Holders
209
Holders Change
-6
Holders Change %
-2.79%
% of All Funds
3.33%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
30
Increased
66
Reduced
78
Closed
32
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LFAS
126
Level Four Advisory Services
Texas
$362K +$58.7K +1,390 +17%
NA
127
NewEdge Advisors
Louisiana
$358K -$745K -17,648 -65%
FFL
128
Financial Freedom LLC
Ohio
$350K +$75.8K +1,796 +24%
HB
129
Horizon Bancorp
Indiana
$330K
SG
130
StoneX Group
New York
$318K +$7.13K +169 +2%
SWP
131
Stratos Wealth Partners
Ohio
$317K -$47.7K -1,129 -12%
RFWA
132
RPg Family Wealth Advisory
Massachusetts
$316K -$108K -2,555 -23%
Carson Wealth (CWM LLC)
133
Carson Wealth (CWM LLC)
Nebraska
$304K +$55.9K +1,325 +19%
WS
134
Wedbush Securities
California
$302K -$36.9K -875 -10%
LWM
135
Laidlaw Wealth Management
New York
$301K +$42 +1 +0%
SFS
136
Security Financial Services
Indiana
$300K
AR
137
Apeiron RIA
Texas
$298K +$336K +7,971 New
LA
138
LexAurum Advisors
Kansas
$294K -$8.1K -192 -2%
AFWM
139
AMJ Financial Wealth Management
Virginia
$285K +$322K +7,633 New
JWCA
140
J.W. Cole Advisors
Florida
$284K +$42.1K +998 +15%
CFCI
141
Comprehensive Financial Consultants Institutional
Indiana
$284K +$96.8K +2,294 +43%
PA
142
PFG Advisors
Arizona
$282K -$1.86K -44 -0.6%
PWM
143
Purus Wealth Management
California
$273K
CWM
144
Catalyst Wealth Management
Georgia
$267K +$302K +7,160 New
UCFA
145
United Capital Financial Advisors
Texas
$266K -$361K -8,546 -54%
IA
146
IFG Advisory
Georgia
$256K -$42.5K -1,006 -13%
FH
147
FWG Holdings
Florida
$253K +$169 +4 +0.1%
SIG
148
Sargent Investment Group
Maryland
$238K
RJT
149
Raymond James Trust
Florida
$237K +$268K +6,361 New
AAS
150
Avantax Advisory Services
Texas
$237K +$16.5K +392 +7%

FXO Hedge Fund Activity: Q1 2023 in Review

209 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2023, worth a combined $656M — down 6% from $697M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of FXO and 30 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 66 added.

The largest buyer was Portfolio Strategies, opening a new position worth an estimated $16.2M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $18.4M.

  • 209 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2023, down from 215 in Q4 2022.
  • Funds reported $656M of First Trust Financials AlphaDEX Fund stock for Q1 2023, down 6% quarter-over-quarter.
  • 30 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2023 and 32 closed out, a net change of -2 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q1 2023 was Portfolio Strategies, an estimated $16.2M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $18.4M sold.

Based on aggregated 13F filings for Q1 2023.