First Trust Financials AlphaDEX Fund
140 hedge funds and large institutions have $683M invested in First Trust Financials AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 55 increasing their positions, 42 reducing their positions, and 13 closing their positions.
77% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 13
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
31% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 42
6% more funds holding
Funds holding: 132 → 140 (+8)
4% more capital invested
Capital invested by funds: $656M → $683M (+$27.9M)
0.04% more ownership
Funds ownership: 56.55% → 56.59% (+0.04%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$15.9M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
+$12.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$9.1M |
| 4 |
Morgan Stanley
New York
|
+$8.81M |
| 5 |
LPL Financial
San Diego,
California
|
+$5.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$19.8M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$12.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$5.64M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.83M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.86M |
FXO Hedge Fund Activity: Q1 2018 in Review
140 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2018, worth a combined $683M — up 4.3% from $656M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FXO positions and 13 closed out — a net gain of 10 holders — while 55 added to existing stakes and 42 trimmed.
The largest buyer was Wells Fargo, adding an estimated $15.9M. The largest seller was Ameriprise, cutting an estimated $19.8M.
- 140 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2018, up from 132 in Q4 2017.
- Funds reported $683M of First Trust Financials AlphaDEX Fund stock for Q1 2018, up 4.3% quarter-over-quarter.
- 23 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2018 and 13 closed out, a net change of +10 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q1 2018 was Wells Fargo, an estimated $15.9M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q1 2018 was Ameriprise, an estimated $19.8M sold.
Based on aggregated 13F filings for Q1 2018.