First Trust Financials AlphaDEX Fund
142 hedge funds and large institutions have $654M invested in First Trust Financials AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 50 increasing their positions, 54 reducing their positions, and 13 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
1% more funds holding
Funds holding: 140 → 142 (+2)
4% less capital invested
Capital invested by funds: $683M → $654M (-$29.1M)
7% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 54
1.17% less ownership
Funds ownership: 56.59% → 55.41% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.24M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.14M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$2.43M |
| 4 |
Goldman Sachs
New York
|
+$2.08M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$14.8M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$12.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$6.36M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.14M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$5.77M |
FXO Hedge Fund Activity: Q2 2018 in Review
142 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2018, worth a combined $654M — down 4.3% from $683M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FXO positions and 13 closed out — a net gain of 3 holders — while 50 added to existing stakes and 54 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $8.24M. The largest seller was Morgan Stanley, cutting an estimated $14.8M.
- 142 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2018, up from 140 in Q1 2018.
- Funds reported $654M of First Trust Financials AlphaDEX Fund stock for Q2 2018, down 4.3% quarter-over-quarter.
- 16 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2018 and 13 closed out, a net change of +3 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q2 2018 was Raymond James Financial Services Advisors, an estimated $8.24M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q2 2018 was Morgan Stanley, an estimated $14.8M sold.
Based on aggregated 13F filings for Q2 2018.