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First Trust Financials AlphaDEX Fund

66 hedge funds and large institutions have $755M 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.

New
Increased
Maintained
Reduced
Closed

471% more repeat investments, than reductions

Existing positions increased: 40 | Existing positions reduced: 7

55% more capital invested

Capital invested by funds: $488M → $755M (+$267M)

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

50% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 8

6% more funds holding

Funds holding: 6266 (+4)

4.17% more ownership

Funds ownership: 72.56%76.73% (+4.2%)

Holders
66
Holders Change
+4
Holders Change %
+6.45%
% of All Funds
1.91%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.09%
New
12
Increased
40
Reduced
7
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FSIM
1
F-Squared Investment Management
Massachusetts
$294M +$148M +6,931,501 +106%
Morgan Stanley
2
Morgan Stanley
New York
$78.3M +$8.48M +396,242 +12%
BTS
3
BB&T Securities
Virginia
$63.3M +$2.68M +125,394 +76%
Wells Fargo
4
Wells Fargo
California
$55.5M +$9.11M +425,839 +20%
PPA
5
Parametric Portfolio Associates
Washington
$43.6M +$19.4M +906,619 +83%
Bank of America
6
Bank of America
North Carolina
$33.5M +$8.96M +418,579 +38%
U
7
UBS
Switzerland
$25.2M -$1.67M -77,982 -6%
BFA
8
Beaumont Financial Advisors
Massachusetts
$23.9M +$10.3M +480,958 +78%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$14.3M +$2.26M +105,592 +19%
PI
10
Placemark Investments
Illinois
$13.9M +$7.22M +337,130 +113%
PWAG
11
Polaris Wealth Advisory Group
California
$12M +$262K +12,236 +2%
Goldman Sachs
12
Goldman Sachs
New York
$11.7M +$4.67M +218,338 +69%
LPL Financial
13
LPL Financial
California
$11.1M +$5.28M +246,928 +95%
RJA
14
Raymond James & Associates
Florida
$8.49M +$1.69M +79,011 +25%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$8.34M +$3.52M +164,455 +76%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$8.11M +$3.93M +183,759 +98%
BUB
17
BBVA USA Bancshares
Texas
$8.03M +$421K +19,691 +6%
TT
18
Tower Trust
Indiana
$4.68M +$75.5K +3,529 +2%
LI
19
LVZ Inc
Michigan
$3.75M +$176K +8,234 +5%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$3.52M +$1.4M +65,404 +68%
HighTower Advisors
21
HighTower Advisors
Illinois
$3.46M +$790K +36,904 +30%
BRWM
22
B. Riley Wealth Management
Tennessee
$2.85M +$2.79M +130,590 New
Citigroup
23
Citigroup
New York
$2.33M +$13.3K +622 +0.6%
SAM
24
SignalPoint Asset Management
Missouri
$2.16M +$134K +6,246 +7%
FA
25
FDx Advisors
Illinois
$1.94M -$1.7M -79,416 -47%

FXO Hedge Fund Activity: Q1 2014 in Review

66 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2014, worth a combined $755M — up 55% from $488M 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 $755M of First Trust Financials AlphaDEX Fund stock for Q1 2014, up 55% 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.