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 14 closing their positions.
14% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.86% less ownership
Funds ownership: 58.65% → 57.8% (-0.86%)
1% less funds holding
Funds holding: 186 → 184 (-2)
14% less capital inflows, than outflows
Capital inflows: $31.7M | Capital outflows: $36.8M
23% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.11M |
| 2 |
Secure Asset Management
Troy,
Michigan
|
+$2.1M |
| 3 |
Stratos Wealth Partners
Beachwood,
Ohio
|
+$2.08M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.91M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
-$6.3M |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.17M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.73M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
-$3.19M |
| 5 |
Lincoln National Corp
Radnor,
Pennsylvania
|
-$3.01M |
FXO Hedge Fund Activity: Q2 2024 in Review
184 of the 6,943 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 14 closed out — a net gain of 2 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 186 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 14 closed out, a net change of +2 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.