First Trust Financials AlphaDEX Fund
149 hedge funds and large institutions have $497M invested in First Trust Financials AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 35 increasing their positions, 64 reducing their positions, and 24 closing their positions.
33% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 24
5% more funds holding
Funds holding: 142 → 149 (+7)
0.74% more ownership
Funds ownership: 54.65% → 55.39% (+0.74%)
27% less capital invested
Capital invested by funds: $684M → $497M (-$188M)
45% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 64
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.53M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.81M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$3.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.6M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$27M |
| 2 |
NA
Navellier & Associates
Reno,
Nevada
|
-$22.2M |
| 3 |
Morgan Stanley
New York
|
-$19M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.19M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$5.39M |
FXO Hedge Fund Activity: Q4 2018 in Review
149 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q4 2018, worth a combined $497M — down 27% from $684M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FXO positions and 24 closed out — a net gain of 8 holders — while 35 added to existing stakes and 64 trimmed.
The largest buyer was Credit Suisse, adding an estimated $8.53M. The largest seller was Wells Fargo, cutting an estimated $27M.
- 149 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q4 2018, up from 142 in Q3 2018.
- Funds reported $497M of First Trust Financials AlphaDEX Fund stock for Q4 2018, down 27% quarter-over-quarter.
- 32 funds opened new First Trust Financials AlphaDEX Fund positions in Q4 2018 and 24 closed out, a net change of +8 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q4 2018 was Credit Suisse, an estimated $8.53M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q4 2018 was Wells Fargo, an estimated $27M sold.
Based on aggregated 13F filings for Q4 2018.