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First Trust Financials AlphaDEX Fund

184 hedge funds and large institutions have $485M invested in First Trust Financials AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 56 increasing their positions, 73 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

23% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 13

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less funds holding

Funds holding: 185184 (-1)

0.86% less ownership

Funds ownership: 58.65%57.8% (-0.86%)

5% less capital invested

Capital invested by funds: $509M → $485M (-$24.5M)

23% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 73

Holders
184
Holders Change
-1
Holders Change %
-0.54%
% of All Funds
2.66%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
16
Increased
56
Reduced
73
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
$90.2M +$884K +19,191 +1%
LPL Financial
2
LPL Financial
California
$64.1M +$1.47M +31,882 +2%
Wells Fargo
3
Wells Fargo
California
$61M +$462K +10,023 +0.8%
UBS Group
4
UBS Group
Switzerland
$23.2M +$4.11M +89,245 +22%
Bank of America
5
Bank of America
North Carolina
$21M -$1.04M -22,612 -5%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$16M -$6.17M -133,870 -28%
RJA
7
Raymond James & Associates
Florida
$11.9M -$3.19M -69,327 -21%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$9.84M +$1.17M +25,310 +14%
Ameriprise
9
Ameriprise
Minnesota
$8.03M +$1.63M +35,366 +26%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$7.75M +$248K +5,382 +3%
Stifel Financial
11
Stifel Financial
Missouri
$7.57M -$537K -11,668 -7%
Osaic Holdings
12
Osaic Holdings
Arizona
$6.94M +$1.91M +41,521 +38%
VCM
13
Virtue Capital Management
Tennessee
$6.84M +$181K +3,937 +3%
Cetera Investment Advisers
14
Cetera Investment Advisers
Illinois
$6.31M +$102K +2,207 +2%
SA
15
SFI Advisors
New Jersey
$6.1M +$181K +3,940 +3%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$5.62M -$5.73M -124,398 -51%
VAS
17
Vestmark Advisory Solutions
Massachusetts
$5.36M +$103K +2,245 +2%
MCM
18
Monument Capital Management
Virginia
$4.89M +$1.11M +24,181 +30%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$4.78M -$834K -18,115 -15%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$4.77M +$1.35M +29,370 +40%
IAA
21
Independent Advisor Alliance
North Carolina
$4.19M -$172K -3,743 -4%
Truist Financial
22
Truist Financial
North Carolina
$4.14M -$6.3M -136,856 -60%
SAM
23
Secure Asset Management
Michigan
$3.94M +$2.1M +45,600 +116%
DADC
24
D.A. Davidson & Co
Montana
$3.85M -$37.1K -805 -1%
NA
25
Navellier & Associates
Nevada
$3.53M -$193K -4,187 -5%

FXO Hedge Fund Activity: Q2 2024 in Review

184 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Financials AlphaDEX Fund (FXO) for Q2 2024, worth a combined $485M — down 4.8% from $509M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FXO positions and 13 closed out — a net gain of 3 holders — while 56 added to existing stakes and 73 trimmed.

The largest buyer was UBS Group, adding an estimated $4.11M. The largest seller was Truist Financial, cutting an estimated $6.3M.

  • 184 institutional investors held First Trust Financials AlphaDEX Fund (FXO) as of Q2 2024, down from 185 in Q1 2024.
  • Funds reported $485M of First Trust Financials AlphaDEX Fund stock for Q2 2024, down 4.8% quarter-over-quarter.
  • 16 funds opened new First Trust Financials AlphaDEX Fund positions in Q2 2024 and 13 closed out, a net change of +3 holders.
  • The largest First Trust Financials AlphaDEX Fund buyer in Q2 2024 was UBS Group, an estimated $4.11M added.
  • The largest First Trust Financials AlphaDEX Fund seller in Q2 2024 was Truist Financial, an estimated $6.3M sold.

Based on aggregated 13F filings for Q2 2024.