First Trust Financials AlphaDEX Fund
128 hedge funds and large institutions have $326M invested in First Trust Financials AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 25 increasing their positions, 69 reducing their positions, and 60 closing their positions.
18.37% less ownership
Funds ownership: 74.37% → 56% (-18%)
27% less funds holding
Funds holding: 175 → 128 (-47)
64% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 69
72% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 60
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
78% less capital invested
Capital invested by funds: $1.46B → $326M (-$1.13B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.6M |
| 2 |
RW
RVW Wealth
Los Angeles,
California
|
+$7.48M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.52M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$3.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$582M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$67M |
| 3 |
Morgan Stanley
New York
|
-$52.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$32.3M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$25M |
FXO Hedge Fund Activity: Q1 2020 in Review
128 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2020, worth a combined $326M — down 78% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 60 funds closed out of FXO and 17 opened new positions — a net loss of 43 holders — while 69 trimmed existing stakes and 25 added.
The largest buyer was Susquehanna International Group, adding an estimated $11.6M. The largest seller was First Trust Advisors, exiting entirely with an estimated $582M sold.
- 128 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2020, down from 175 in Q4 2019.
- Funds reported $326M of First Trust Financials AlphaDEX Fund stock for Q1 2020, down 78% quarter-over-quarter.
- 17 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2020 and 60 closed out, a net change of -43 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $11.6M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2020 was First Trust Advisors, an estimated $582M sold.
Based on aggregated 13F filings for Q1 2020.