First Trust Financials AlphaDEX Fund
190 hedge funds and large institutions have $523M invested in First Trust Financials AlphaDEX Fund in 2024 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 53 increasing their positions, 79 reducing their positions, and 11 closing their positions.
64% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 11
8% more capital invested
Capital invested by funds: $485M → $523M (+$38M)
3% more funds holding
Funds holding: 184 → 190 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.53% less ownership
Funds ownership: 57.8% → 57.27% (-0.53%)
33% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.29M |
| 2 |
Two Sigma Investments
New York
|
+$1.91M |
| 3 |
OBWG
Onyx Bridge Wealth Group
Tarrytown,
New York
|
+$1.45M |
| 4 |
SPWM
Schrum Private Wealth Management
St. Augustine,
Florida
|
+$1.27M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$4.19M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.43M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.75M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.18M |
| 5 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.81M |
FXO Hedge Fund Activity: Q3 2024 in Review
190 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2024, worth a combined $523M — up 7.8% from $485M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FXO positions and 11 closed out — a net gain of 7 holders — while 53 added to existing stakes and 79 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.29M. The largest seller was Independent Advisor Alliance, exiting entirely with an estimated $4.19M sold.
- 190 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2024, up from 184 in Q2 2024.
- Funds reported $523M of First Trust Financials AlphaDEX Fund stock for Q3 2024, up 7.8% quarter-over-quarter.
- 18 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2024 and 11 closed out, a net change of +7 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2024 was Wells Fargo, an estimated $3.29M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2024 was Independent Advisor Alliance, an estimated $4.19M sold.
Based on aggregated 13F filings for Q3 2024.