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First Trust Financials AlphaDEX Fund

153 hedge funds and large institutions have $642M invested in First Trust Financials AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 41 funds opening new positions, 52 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

215% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 13

65% more capital invested

Capital invested by funds: $389M → $642M (+$253M)

41% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 37

20% more funds holding

Funds holding: 128153 (+25)

5.45% more ownership

Funds ownership: 57.68%63.14% (+5.5%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
153
Holders Change
+25
Holders Change %
+19.53%
% of All Funds
2.69%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
41
Increased
52
Reduced
37
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$156M +$36.8M +945,768 +34%
Wells Fargo
2
Wells Fargo
California
$83.5M +$21.8M +559,953 +39%
Bank of America
3
Bank of America
North Carolina
$47.9M +$18.1M +466,606 +68%
LPL Financial
4
LPL Financial
California
$46.5M +$8.49M +218,525 +24%
UBS Group
5
UBS Group
Switzerland
$38M +$13M +334,784 +58%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$29.1M +$9.22M +237,155 +51%
Ameriprise
7
Ameriprise
Minnesota
$23.1M +$17.7M +454,169 +445%
BCI
8
Brinker Capital Investments
Pennsylvania
$21.7M
RJA
9
Raymond James & Associates
Florida
$11.2M +$3.18M +81,778 +44%
Osaic Holdings
10
Osaic Holdings
Arizona
$10.3M +$6.17M +158,847 +179%
Truist Financial
11
Truist Financial
North Carolina
$10.1M -$2.51M -64,524 -21%
Envestnet Asset Management
12
Envestnet Asset Management
Illinois
$9.17M -$2.04M -52,566 -19%
FEG
13
Financial Enhancement Group
Indiana
$8.26M +$723K +18,589 +10%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$8.16M +$3.03M +78,002 +66%
NA
15
Navellier & Associates
Nevada
$7.28M -$330K -8,483 -5%
Stifel Financial
16
Stifel Financial
Missouri
$6.93M +$4.21M +108,314 +186%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$6.41M +$542K +13,948 +10%
FEM
18
Fulcrum Equity Management
Texas
$6.14M -$863K -22,200 -13%
PFS
19
Prospera Financial Services
Texas
$5.51M -$1.34M -34,378 -21%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$5.12M +$3.02M +77,740 +172%
CA
21
Crumly & Associates
Illinois
$4.47M +$4.18M +107,563 New
SL
22
Savior LLC
Massachusetts
$4.24M +$3.96M +101,920 New
SPC
23
Sigma Planning Corp
Michigan
$3.91M +$3.65M +93,988 New
MML Investors Services
24
MML Investors Services
Massachusetts
$3.77M -$254K -6,546 -7%
HighTower Advisors
25
HighTower Advisors
Illinois
$3.7M +$172K +4,426 +5%

FXO Hedge Fund Activity: Q1 2021 in Review

153 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q1 2021, worth a combined $642M — up 65% from $389M a quarter earlier.

Buyers outnumbered sellers: 41 funds opened new FXO positions and 13 closed out — a net gain of 28 holders — while 52 added to existing stakes and 37 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $36.8M. The largest seller was IronBridge Private Wealth, cutting an estimated $8.07M.

  • 153 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q1 2021, up from 128 in Q4 2020.
  • Funds reported $642M of First Trust Financials AlphaDEX Fund stock for Q1 2021, up 65% quarter-over-quarter.
  • 41 funds opened new First Trust Financials AlphaDEX Fund positions in Q1 2021 and 13 closed out, a net change of +28 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q1 2021 was Morgan Stanley, an estimated $36.8M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q1 2021 was IronBridge Private Wealth, an estimated $8.07M sold.

Based on aggregated 13F filings for Q1 2021.