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.
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: 117 → 112 (-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: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.05M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.03M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$4.02M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.48M |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$19.7M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$12M |
| 3 |
Morgan Stanley
New York
|
-$9.32M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$5.71M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.36M |
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.