FSZ β€” FIRST TRUST SWITZERLAND ALPHADEX FUND

Ownership history in SYON CAPITAL LLC  Β·  9 quarters on record

This page tracks every 13F SEC filing in which SYON CAPITAL LLC reported a position in FIRST TRUST SWITZERLAND ALPHADEX FUND (FSZ). Data includes quarterly share count, position size as % of portfolio, estimated market value, and end-of-quarter stock price β€” sourced directly from SEC EDGAR 13F filings.

πŸ” Peak position
0.19% (2024 Q3)
πŸ“Š Avg. % of fund
0.12%
πŸ“… First filed
2023 Q4
πŸ“… Last filed
2025 Q4
⏱ Quarters held
9

Position Intelligence

SYON CAPITAL LLC Γ— FSZ AI Analytics

πŸ“‰ SYON CAPITAL LLC underperformed the S&P 500 by –0.5% annually on this FSZ position. Timing score: 33% (2/6 decisions correct). Average cost basis: $63.15. Maximum drawdown during holding period: –10.8%.

πŸ“ˆ Position Alpha vs SPY
-0.5%
annualised excess return

➑️ Roughly in line with S&P 500 (±1% alpha range).
7 quarters analyzed

⏱️ Timing Score
33%

⚠️ Poor timing β€” buys often preceded drops, trims preceded rallies.
2 of 6 add/trim decisions correct

πŸ’° Entry Quality
$63.15
+26.8% vs current ($80.09)

Best entry: $63.15 (2024 Q2)  Β·  Worst: $63.15 (2024 Q2)

πŸ›‘οΈ Drawdown Resilience
–10.8%
max drawdown while held

πŸ’Ž No drawdown exceeding 20% during the holding period β€” exceptionally stable.

πŸ’ͺ Fund Conviction
25%
buy-side decisions

2 adds Β· 6 trims. Bought during 0 of 1 down-price quarters. πŸ“‰ Predominantly trimming β€” distribution phase.

πŸ“‘ Position Trajectory
β†’ Stable
last 4–5 quarters trend

βš–οΈ Portfolio weight has remained relatively stable β€” conviction maintained.
Currently 0.03% of portfolio

⚠ Based on quarterly 13F SEC filings and end-of-quarter closing prices. Timing score = accuracy of add/trim decisions vs next-quarter price direction. Alpha = mean quarterly excess return Γ— 4 (annualised). Not investment advice.

% of Fund (quarterly)    FSZ price (monthly, adj. close)
πŸ“‹ Quarterly Holdings History 9 quarters  β–Ύ
Quarter Action Shares Change Chg % % of Fund Mkt Value Price (EOQ)
2025 Q4 REDUCED 7,423 -133 -1.8% 0.03% $595K $80.09
2025 Q3 REDUCED 7,556 -1,705 -18.4% 0.03% $580K $76.54
2025 Q2 REDUCED 9,261 -7,661 -45.3% 0.05% $708K $76.21
2025 Q1 REDUCED 16,922 -11,745 -41.0% 0.09% $1.1M $66.42
2024 Q4 REDUCED 28,667 -2,153 -7.0% 0.16% $1.8M $61.56
2024 Q3 REDUCED 30,820 -42 -0.1% 0.19% $2.2M $69.04
2024 Q2 ADDED 30,862 +473 +1.6% 0.18% $2.0M $63.15
2024 Q1 UNCHANGED 30,389 β€” 0% 0.18% $1.9M $61.43
2023 Q4 INITIATED 30,389 β€” β€” 0.14% $2.0M β€”
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