First Trust Financials AlphaDEX Fund
179 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, 43 increasing their positions, 86 reducing their positions, and 17 closing their positions.
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
0.65% more ownership
Funds ownership: 57.1% → 57.75% (+0.65%)
1% more funds holding
Funds holding: 178 → 179 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
50% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 86
71% less capital inflows, than outflows
Capital inflows: $24.2M | Capital outflows: $83.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$4.03M |
| 2 |
IronBridge Private Wealth
Austin,
Texas
|
+$3.81M |
| 3 |
Navellier & Associates
Reno,
Nevada
|
+$3.34M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.53M |
| 5 |
Jane Street
New York
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
O'Dell Group
Cincinnati,
Ohio
|
-$15M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.9M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$7.73M |
| 4 |
Morgan Stanley
New York
|
-$7.59M |
| 5 |
Coppell Advisory Solutions
Coppell,
Texas
|
-$4.71M |
FXO Hedge Fund Activity: Q3 2023 in Review
179 of the 6,317 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 43 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.
- 179 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q3 2023, up from 178 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.