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First Trust Financials AlphaDEX Fund

86 hedge funds and large institutions have $920M invested in First Trust Financials AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 44 increasing their positions, 17 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 2

159% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 17

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

26% more capital invested

Capital invested by funds: $730M → $920M (+$190M)

15% more funds holding

Funds holding: 7586 (+11)

7.13% less ownership

Funds ownership: 77.33%70.2% (-7.1%)

Holders
86
Holders Change
+11
Holders Change %
+14.67%
% of All Funds
2.29%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.08%
New
14
Increased
44
Reduced
17
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FSIM
1
F-Squared Investment Management
Massachusetts
$355M +$67.8M +3,002,413 +24%
Morgan Stanley
2
Morgan Stanley
New York
$98.4M +$10.7M +473,641 +13%
Wells Fargo
3
Wells Fargo
California
$70.4M +$8.16M +361,057 +14%
BTS
4
BB&T Securities
Virginia
$64.2M +$389K +17,226 +7%
Bank of America
5
Bank of America
North Carolina
$46.8M +$7.6M +336,247 +20%
PPA
6
Parametric Portfolio Associates
Washington
$43.5M +$7.85M +347,444 +23%
UBS Group
7
UBS Group
Switzerland
$43.3M +$42.1M +1,861,862 New
BFA
8
Beaumont Financial Advisors
Massachusetts
$30.2M -$2.19M -97,040 -7%
AIM
9
Astor Investment Management
Illinois
$22.4M +$4.77M +211,267 +28%
RJA
10
Raymond James & Associates
Florida
$17.3M +$4.65M +205,639 +38%
PI
11
Placemark Investments
Illinois
$16.6M +$3.45M +152,870 +27%
LPL Financial
12
LPL Financial
California
$13.1M -$117K -5,174 -0.9%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$12.3M -$2.22M -98,459 -16%
Goldman Sachs
14
Goldman Sachs
New York
$11.8M +$6.27M +277,535 +121%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$8.42M +$48.4K +2,142 +0.6%
BUB
16
BBVA USA Bancshares
Texas
$8.09M -$947K -41,929 -11%
Stifel Financial
17
Stifel Financial
Missouri
$7.32M +$733K +32,465 +12%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$4.8M +$687K +30,389 +17%
ONB
19
Old National Bancorp
Indiana
$3.8M -$635K -28,118 -15%
VF
20
Virtu Financial
New York
$3.46M +$3.36M +148,745 New
AIG
21
American International Group
New York
$2.53M +$293K +12,978 +14%
SAM
22
SignalPoint Asset Management
Missouri
$2.27M +$67.3K +2,981 +3%
Susquehanna International Group
23
Susquehanna International Group
Pennsylvania
$2.15M +$1.73M +76,760 +485%
HR
24
Howe & Rusling
New York
$2.09M +$37.4K +1,655 +2%
FAAS
25
First Allied Advisory Services
California
$1.94M +$310K +13,731 +20%

FXO Hedge Fund Activity: Q4 2014 in Review

86 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2014, worth a combined $920M — up 26% from $730M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FXO positions and 2 closed out — a net gain of 12 holders — while 44 added to existing stakes and 17 trimmed.

The largest buyer was F-Squared Investment Management, adding an estimated $67.8M. The largest seller was Royal Bank of Canada, cutting an estimated $2.22M.

  • 86 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2014, up from 75 in Q3 2014.
  • Funds reported $920M of First Trust Financials AlphaDEX Fund stock for Q4 2014, up 26% quarter-over-quarter.
  • 14 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2014 and 2 closed out, a net change of +12 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q4 2014 was F-Squared Investment Management, an estimated $67.8M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q4 2014 was Royal Bank of Canada, an estimated $2.22M sold.

Based on aggregated 13F filings for Q4 2014.