First Trust Financials AlphaDEX Fund
143 hedge funds and large institutions have $686M invested in First Trust Financials AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 56 increasing their positions, 50 reducing their positions, and 17 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 50
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
5% more capital invested
Capital invested by funds: $654M → $686M (+$31.7M)
1% more funds holding
Funds holding: 142 → 143 (+1)
0.63% less ownership
Funds ownership: 55.41% → 54.78% (-0.63%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.42M |
| 2 |
Morgan Stanley
New York
|
+$5.88M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$5.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.21M |
| 5 |
Jane Street
New York
|
+$3.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.12M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
-$4.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.62M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.06M |
| 5 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$2.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
151
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$72K | -2,275 | Closed |
|
152
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$66K | -2,117 | Closed |
|
|
MGIA
153
Moneta Group Investment Advisors
St Louis,
Missouri
| – | -$27K | -863 | Closed |
|
154
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$16K | -504 | Closed |
|
155
SEI Investments
Oaks,
Pennsylvania
| – | -$15K | -488 | Closed |
|
|
BCP
156
Blackhawk Capital Partners
Thiensville,
Wisconsin
| – | -$10K | -318 | Closed |
|
|
WP
157
WealthShield Partners
Cary,
North Carolina
| – | -$5K | -165 | Closed |
|
158
Fidelity Investments
Boston,
Massachusetts
| – | +$32 | +1 | New |
|
159
Parallax Volatility Advisers
San Francisco,
California
| – | +$65 | +2 | +200% |
|
|
IAA
160
Independent Advisor Alliance
Charlotte,
North Carolina
| – | +$42.2K | +1,307 | +10% |
|
FXO Hedge Fund Activity: Q3 2018 in Review
143 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2018, worth a combined $686M — up 4.8% from $654M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FXO positions and 17 closed out — a net gain of 2 holders — while 56 added to existing stakes and 50 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.42M. The largest seller was Envestnet Asset Management, cutting an estimated $7.12M.
- 143 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2018, up from 142 in Q2 2018.
- Funds reported $686M of First Trust Financials AlphaDEX Fund stock for Q3 2018, up 4.8% quarter-over-quarter.
- 19 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2018 and 17 closed out, a net change of +2 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2018 was Wells Fargo, an estimated $7.42M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2018 was Envestnet Asset Management, an estimated $7.12M sold.
Based on aggregated 13F filings for Q3 2018.