First Trust Financials AlphaDEX Fund
62 hedge funds and large institutions have $488M invested in First Trust Financials AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 33 increasing their positions, 9 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
267% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 9
47% more capital invested
Capital invested by funds: $332M → $488M (+$156M)
19% more funds holding
Funds holding: 52 → 62 (+10)
3.97% more ownership
Funds ownership: 68.59% → 72.56% (+4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$107M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$15.3M |
| 3 |
Morgan Stanley
New York
|
+$12.1M |
| 4 |
CM
Churchill Management
Los Angeles,
California
|
+$7.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$59.1M |
| 2 |
SG Americas Securities
New York
|
-$7.32M |
| 3 |
JP Morgan Chase
New York
|
-$930K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$713K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$476K |
FXO Hedge Fund Activity: Q4 2013 in Review
62 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2013, worth a combined $488M — up 47% from $332M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FXO positions and 4 closed out — a net gain of 11 holders — while 33 added to existing stakes and 9 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $107M. The largest seller was Navellier & Associates, exiting entirely with an estimated $59.1M sold.
- 62 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2013, up from 52 in Q3 2013.
- Funds reported $488M of First Trust Financials AlphaDEX Fund stock for Q4 2013, up 47% quarter-over-quarter.
- 15 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of +11 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $107M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $59.1M sold.
Based on aggregated 13F filings for Q4 2013.