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First Trust Financials AlphaDEX Fund

112 hedge funds and large institutions have $590M invested in First Trust Financials AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 42 increasing their positions, 44 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.94% less ownership

Funds ownership: 60.75%59.81% (-0.94%)

5% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 44

4% less funds holding

Funds holding: 117112 (-5)

9% less capital invested

Capital invested by funds: $651M → $590M (-$60.5M)

21% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 19

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

Holders
112
Holders Change
-5
Holders Change %
-4.27%
% of All Funds
2.79%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.02%
New
15
Increased
42
Reduced
44
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$129M -$9.32M -334,678 -7%
Wells Fargo
2
Wells Fargo
California
$79.3M -$19.7M -706,614 -20%
UBS Group
3
UBS Group
Switzerland
$63M -$4.53M -162,573 -7%
Bank of America
4
Bank of America
North Carolina
$61.8M +$2.48M +89,201 +4%
Goldman Sachs
5
Goldman Sachs
New York
$39.7M +$901K +32,362 +2%
Ameriprise
6
Ameriprise
Minnesota
$28.8M -$322K -11,552 -1%
LPL Financial
7
LPL Financial
California
$24.5M +$4.05M +145,519 +20%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$18.1M +$4.03M +144,618 +30%
RJA
9
Raymond James & Associates
Florida
$14.6M -$1.18M -42,447 -8%
BCI
10
Brinker Capital Investments
Pennsylvania
$12.3M
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$8.86M -$5.36M -192,524 -38%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$8.21M +$18.7K +671 +0.2%
CCA
13
Clearwater Capital Advisors
Illinois
$7.21M -$33.1K -1,190 -0.5%
AG
14
Advisor Group
Arizona
$7.06M -$4.87M -174,945 -41%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$7.02M -$814K -29,238 -11%
HCIA
16
Hochman Cole Investment Advisors
Illinois
$5.74M +$186K +6,675 +3%
HighTower Advisors
17
HighTower Advisors
Illinois
$5.28M +$108K +3,887 +2%
SB
18
Suntrust Banks
Georgia
$4.5M +$328K +11,794 +8%
MML Investors Services
19
MML Investors Services
Massachusetts
$4.13M +$4.02M +144,308 New
SAM
20
SignalPoint Asset Management
Missouri
$3.52M -$2.23K -80 -0.1%
BFEC
21
Benjamin F. Edwards & Company
Missouri
$3.22M -$364K -13,073 -10%
BFA
22
Beaumont Financial Advisors
Massachusetts
$2.56M -$174K -6,265 -7%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$2.55M -$2.85M -102,200 -53%
HR
24
Howe & Rusling
New York
$2.35M -$308K -11,059 -12%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$2.32M +$187K +6,714 +9%

FXO Hedge Fund Activity: Q2 2017 in Review

112 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2017, worth a combined $590M — down 9.3% from $651M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of FXO and 15 opened new positions — a net loss of 4 holders — while 44 trimmed existing stakes and 42 added.

The largest buyer was LPL Financial, adding an estimated $4.05M. The largest seller was Wells Fargo, cutting an estimated $19.7M.

  • 112 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2017, down from 117 in Q1 2017.
  • Funds reported $590M of First Trust Financials AlphaDEX Fund stock for Q2 2017, down 9.3% quarter-over-quarter.
  • 15 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2017 and 19 closed out, a net change of -4 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q2 2017 was LPL Financial, an estimated $4.05M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q2 2017 was Wells Fargo, an estimated $19.7M sold.

Based on aggregated 13F filings for Q2 2017.