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First Trust Financials AlphaDEX Fund

132 hedge funds and large institutions have $656M invested in First Trust Financials AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 36 funds opening new positions, 38 increasing their positions, 43 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 23

11% more funds holding

Funds holding: 119132 (+13)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

4.93% less ownership

Funds ownership: 61.48%56.55% (-4.9%)

7% less capital invested

Capital invested by funds: $702M → $656M (-$46.1M)

12% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 43

Holders
132
Holders Change
+13
Holders Change %
+10.92%
% of All Funds
2.99%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
36
Increased
38
Reduced
43
Closed
23
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$145M -$16.6M -540,036 -10%
Wells Fargo
2
Wells Fargo
California
$92.4M -$6.01M -196,014 -6%
UBS Group
3
UBS Group
Switzerland
$66.8M -$9.45M -308,457 -13%
Bank of America
4
Bank of America
North Carolina
$57.9M -$4.5M -146,798 -7%
Ameriprise
5
Ameriprise
Minnesota
$32.5M +$1.18M +38,465 +4%
LPL Financial
6
LPL Financial
California
$30.3M +$6.04M +197,065 +26%
RJA
7
Raymond James & Associates
Florida
$20.4M +$315K +10,293 +2%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$17.1M -$2.31M -75,225 -12%
BTS
9
BB&T Securities
Virginia
$16.1M +$12.8M +416,868 +432%
CS
10
Credit Suisse
Switzerland
$11.4M -$1.24M -40,433 -10%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$11.3M -$622K -20,285 -5%
FI
12
FormulaFolio Investments
Michigan
$10.3M +$10M +327,742 New
AG
13
Advisor Group
Arizona
$9.64M +$2.07M +67,678 +28%
NA
14
Navellier & Associates
Nevada
$8.07M -$15.2M -494,543 -66%
CCA
15
Clearwater Capital Advisors
Illinois
$7.76M -$106K -3,473 -1%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$7.05M -$786K -25,640 -10%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$6.82M +$126K +4,120 +2%
HCIA
18
Hochman Cole Investment Advisors
Illinois
$6.25M +$87.8K +2,865 +1%
SB
19
Suntrust Banks
Georgia
$6.22M +$1M +32,672 +20%
AA
20
Advisory Alpha
Michigan
$5.51M +$5.24M +170,836 New
SAM
21
Shamrock Asset Management
Texas
$5.47M +$5.33M +173,994 +25,217%
MML Investors Services
22
MML Investors Services
Massachusetts
$4.45M -$14.2K -463 -0.3%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$3.4M +$260K +8,469 +8%
HighTower Advisors
24
HighTower Advisors
Illinois
$3.32M +$59.6K +1,945 +2%
BFEC
25
Benjamin F. Edwards & Company
Missouri
$3.18M -$102K -3,330 -3%

FXO Hedge Fund Activity: Q4 2017 in Review

132 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2017, worth a combined $656M — down 6.6% from $702M a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new FXO positions and 23 closed out — a net gain of 13 holders — while 38 added to existing stakes and 43 trimmed.

The largest buyer was BB&T Securities, adding an estimated $12.8M. The largest seller was Goldman Sachs, exiting entirely with an estimated $47.1M sold.

  • 132 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2017, up from 119 in Q3 2017.
  • Funds reported $656M of First Trust Financials AlphaDEX Fund stock for Q4 2017, down 6.6% quarter-over-quarter.
  • 36 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2017 and 23 closed out, a net change of +13 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q4 2017 was BB&T Securities, an estimated $12.8M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q4 2017 was Goldman Sachs, an estimated $47.1M sold.

Based on aggregated 13F filings for Q4 2017.