First Trust Financials AlphaDEX Fund
132 hedge funds and large institutions have $656M invested in First Trust Financials AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 38 increasing their positions, 43 reducing their positions, and 23 closing their positions.
57% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 23
11% more funds holding
Funds holding: 119 → 132 (+13)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.93% less ownership
Funds ownership: 61.48% → 56.55% (-4.9%)
7% less capital invested
Capital invested by funds: $702M → $656M (-$46.1M)
12% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 43
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$12.8M |
| 2 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$10M |
| 3 |
LPL Financial
San Diego,
California
|
+$6.04M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$5.33M |
| 5 |
AA
Advisory Alpha
Holland,
Michigan
|
+$5.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$47.1M |
| 2 |
Morgan Stanley
New York
|
-$16.6M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$15.2M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$11.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$9.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
151
Next Financial Group
Houston,
Texas
| – | -$20K | -667 | Closed |
|
|
PMFA
152
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$7K | -250 | Closed |
|
|
BWA
153
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$3K | -100 | Closed |
|
|
CP
154
Corbenic Partners
Bethlehem,
Pennsylvania
| – | -$1K | -25 | Closed |
|
155
Bank of Montreal
Toronto,
Ontario, Canada
| – | +$123 | +4 | New |
|
FXO Hedge Fund Activity: Q4 2017 in Review
132 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2017, worth a combined $656M — down 6.6% from $702M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new FXO positions and 23 closed out — a net gain of 13 holders — while 38 added to existing stakes and 43 trimmed.
The largest buyer was BB&T Securities, adding an estimated $12.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $47.1M sold.
- 132 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2017, up from 119 in Q3 2017.
- Funds reported $656M of First Trust Financials AlphaDEX Fund stock for Q4 2017, down 6.6% quarter-over-quarter.
- 36 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2017 and 23 closed out, a net change of +13 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q4 2017 was BB&T Securities, an estimated $12.8M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q4 2017 was Goldman Sachs, an estimated $47.1M sold.
Based on aggregated 13F filings for Q4 2017.