First Trust Financials AlphaDEX Fund
66 hedge funds and large institutions have $698M invested in First Trust Financials AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 40 increasing their positions, 7 reducing their positions, and 8 closing their positions.
471% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 7
53% more capital invested
Capital invested by funds: $456M → $698M (+$243M)
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
6% more funds holding
Funds holding: 62 → 66 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$148M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$19.4M |
| 3 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$10.3M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$9.11M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$8.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$7.92M |
| 2 |
HR
Howe & Rusling
Rochester,
New York
|
-$1.76M |
| 3 |
FA
FDx Advisors
Chicago,
Illinois
|
-$1.7M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$1.67M |
| 5 |
CK
Carnick & Kubik
Colorado Springs,
Colorado
|
-$764K |
FXO Hedge Fund Activity: Q1 2014 in Review
66 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2014, worth a combined $698M — up 53% from $456M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXO positions and 8 closed out — a net gain of 4 holders — while 40 added to existing stakes and 7 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $148M. The largest seller was Churchill Management, exiting entirely with an estimated $7.92M sold.
- 66 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2014, up from 62 in Q4 2013.
- Funds reported $698M of First Trust Financials AlphaDEX Fund stock for Q1 2014, up 53% quarter-over-quarter.
- 12 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2014 and 8 closed out, a net change of +4 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $148M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2014 was Churchill Management, an estimated $7.92M sold.
Based on aggregated 13F filings for Q1 2014.