First Trust Financials AlphaDEX Fund
110 hedge funds and large institutions have $250M invested in First Trust Financials AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 25 increasing their positions, 50 reducing their positions, and 16 closing their positions.
4.88% less ownership
Funds ownership: 56.65% → 51.77% (-4.9%)
5% less funds holding
Funds holding: 116 → 110 (-6)
22% less capital invested
Capital invested by funds: $320M → $250M (-$69.2M)
25% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 16
50% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 50
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.73M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.88M |
| 3 |
BAM
Bellevue Asset Management
Bellevue,
Washington
|
+$578K |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$412K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$258K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.68M |
| 3 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
-$7.06M |
| 4 |
NA
Navellier & Associates
Reno,
Nevada
|
-$6.46M |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$4.2M |
FXO Hedge Fund Activity: Q3 2020 in Review
110 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2020, worth a combined $250M — down 22% from $320M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FXO and 12 opened new positions — a net loss of 4 holders — while 50 trimmed existing stakes and 25 added.
The largest buyer was Flow Traders U.S., adding an estimated $2.73M. The largest seller was Morgan Stanley, cutting an estimated $13.7M.
- 110 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2020, down from 116 in Q2 2020.
- Funds reported $250M of First Trust Financials AlphaDEX Fund stock for Q3 2020, down 22% quarter-over-quarter.
- 12 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2020 and 16 closed out, a net change of -4 holders.
- The largest First Trust Financials AlphaDEX Fund buyer in Q3 2020 was Flow Traders U.S., an estimated $2.73M added.
- The largest First Trust Financials AlphaDEX Fund seller in Q3 2020 was Morgan Stanley, an estimated $13.7M sold.
Based on aggregated 13F filings for Q3 2020.