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First Trust Financials AlphaDEX Fund

178 hedge funds and large institutions have $436M invested in First Trust Financials AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 86 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 17

0.65% more ownership

Funds ownership: 57.1%57.74% (+0.65%)

1% more funds holding

Funds holding: 177178 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

11% less capital invested

Capital invested by funds: $492M → $436M (-$56.2M)

51% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 86

Holders
178
Holders Change
+1
Holders Change %
+0.56%
% of All Funds
2.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
19
Increased
42
Reduced
86
Closed
17
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$80.4M -$7.59M -192,048 -8%
Wells Fargo
2
Wells Fargo
California
$62.7M -$3.24M -82,017 -5%
LPL Financial
3
LPL Financial
California
$52.7M -$2.15M -54,449 -4%
Bank of America
4
Bank of America
North Carolina
$19.3M -$7.73M -195,765 -28%
UBS Group
5
UBS Group
Switzerland
$16.5M -$923K -23,375 -5%
RJA
6
Raymond James & Associates
Florida
$13.4M -$1.54M -39,071 -10%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$12.1M -$1.86M -47,112 -13%
Ameriprise
8
Ameriprise
Minnesota
$8.65M -$11.9M -300,564 -57%
Stifel Financial
9
Stifel Financial
Missouri
$7.8M +$797K +20,173 +11%
Osaic Holdings
10
Osaic Holdings
Arizona
$6.18M -$224K -5,674 -3%
KAS
11
Kestra Advisory Services
Texas
$6.06M -$79.5K -2,013 -1%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$5.97M -$1.14M -28,911 -15%
RIA
13
Regal Investment Advisors
Michigan
$5.68M -$855K -21,644 -13%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$5.5M -$2.71M -68,528 -32%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$4.59M +$2.53M +63,969 +111%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$4.53M -$156K -3,961 -3%
Truist Financial
17
Truist Financial
North Carolina
$4.43M -$2.52M -63,726 -35%
SA
18
SFI Advisors
New Jersey
$4.24M +$199K +5,044 +5%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$4.13M -$1.55M -39,332 -26%
IAA
20
Independent Advisor Alliance
North Carolina
$3.94M +$53.2K +1,348 +1%
VAS
21
Vestmark Advisory Solutions
Massachusetts
$3.86M +$4.03M +102,056 New
CA
22
Crumly & Associates
Illinois
$3.75M -$62.7K -1,588 -2%
IPW
23
IronBridge Private Wealth
Texas
$3.65M +$3.81M +96,560 New
TRCT
24
Tower Research Capital (TRC)
New York
$3.65M +$1.54M +39,022 +68%
MML Investors Services
25
MML Investors Services
Massachusetts
$3.55M +$267K +6,758 +8%

FXO Hedge Fund Activity: Q3 2023 in Review

178 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q3 2023, worth a combined $436M — down 11% from $492M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FXO positions and 17 closed out — a net gain of 2 holders — while 42 added to existing stakes and 86 trimmed.

The largest buyer was Vestmark Advisory Solutions, opening a new position worth an estimated $4.03M. The largest seller was O'Dell Group, exiting entirely with an estimated $15M sold.

  • 178 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2023, up from 177 in Q2 2023.
  • Funds reported $436M of First Trust Financials AlphaDEX Fund stock for Q3 2023, down 11% quarter-over-quarter.
  • 19 funds opened new First Trust Financials AlphaDEX Fund positions in Q3 2023 and 17 closed out, a net change of +2 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q3 2023 was Vestmark Advisory Solutions, an estimated $4.03M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q3 2023 was O'Dell Group, an estimated $15M sold.

Based on aggregated 13F filings for Q3 2023.