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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
AA
151
Addison Advisors
Vermont
$44.5K
PIAS
152
PCA Investment Advisory Services
Ohio
$41.3K +$40.3K +1,096 New
Northwestern Mutual Wealth Management
153
Northwestern Mutual Wealth Management
Wisconsin
$33.9K -$15.6K -423 -32%
TFGT
154
TS Financial Group (TSFG)
Illinois
$31K -$1.19M -32,236 -98%
GRP
155
Global Retirement Partners
California
$26.9K
JP Morgan Chase
156
JP Morgan Chase
New York
$26.2K
SS
157
Sunbelt Securities
Texas
$25.9K +$258 +7 +1%
LOIP
158
Live Oak Investment Partners
Texas
$23.1K
WT
159
Washington Trust
Rhode Island
$20.7K
HCP
160
Hexagon Capital Partners
Arkansas
$19.6K
GTAM
161
Global Trust Asset Management
Florida
$17.3K
MA
162
MCF Advisors
Kentucky
$15.1K
WIM
163
Westside Investment Management
California
$13.7K
EWM
164
EPG Wealth Management
Georgia
$13.3K +$110 +3 +0.9%
LFG
165
Larson Financial Group
Missouri
$13.1K -$221 -6 -2%
AA
166
AlphaMark Advisors
Kentucky
$13K
WAM
167
Worth Asset Management
Texas
$9.46K
GCM
168
Gables Capital Management
Florida
$7.54K
GI
169
Gradient Investments
Minnesota
$6.37K
GWSG
170
GPS Wealth Strategies Group
Colorado
$6.3K +$6.15K +167 New
CT
171
Caldwell Trust
Florida
$4.03K +$3.94K +107 New
NFSG
172
Newbridge Financial Services Group
Florida
$3.69K
BWA
173
BDO Wealth Advisors
Florida
$2.87K
WP
174
WealthPLAN Partners
Nebraska
$2.22K
KFI
175
Key Financial Inc
Pennsylvania
$2K

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.