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First Trust Large Cap Core AlphaDEX Fund

47 hedge funds and large institutions have $384M invested in First Trust Large Cap Core AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

211% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 9

40% more capital invested

Capital invested by funds: $274M → $384M (+$109M)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0.3% less ownership

Funds ownership: 52.4%52.11% (-0.3%)

2% less funds holding

Funds holding: 4847 (-1)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
47
Holders Change
-1
Holders Change %
-2.08%
% of All Funds
1.36%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
28
Reduced
9
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
OC
26
Oppenheimer & Co
New York
$1.45M +$380K +9,629 +38%
FAAS
27
First Allied Advisory Services
California
$1.43M +$291K +7,371 +27%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$1.42M +$94.8K +2,402 +7%
WA
29
WFG Advisors
Texas
$1.4M +$829 +21 +0.1%
WSTAM
30
Wilbanks Smith & Thomas Asset Management
Virginia
$1.22M +$1.17M +29,690 New
PAG
31
Private Advisor Group
New Jersey
$1.1M +$1.05M +26,698 New
SI
32
SII Investments
Wisconsin
$895K +$16.9K +427 +2%
PI
33
Placemark Investments
Illinois
$574K -$35.7K -905 -6%
AIG
34
American International Group
New York
$574K -$78.2K -1,980 -12%
DS
35
DRW Securities
Illinois
$567K +$543K +13,756 New
IH
36
IFC Holdings
Florida
$444K +$173K +4,371 +68%
PGFC
37
Peapack-Gladstone Financial Corp
New Jersey
$330K
Envestnet Asset Management
38
Envestnet Asset Management
Illinois
$287K +$127K +3,230 +86%
MFS
39
MSI Financial Services
Massachusetts
$138K +$122K +3,100 +1,260%
Citigroup
40
Citigroup
New York
$97K -$11.8K -300 -11%
WEC
41
Winslow Evans & Crocker
Massachusetts
$84K +$80.6K +2,041 New
Creative Planning
42
Creative Planning
Kansas
$33K -$3.24K -82 -9%
FBT
43
Founders Bank & Trust
Michigan
$27K -$2.17K -55 -7%
SGC
44
South Georgia Capital
Illinois
$27K +$25.7K +650 New
PNC Financial Services Group
45
PNC Financial Services Group
Pennsylvania
$13K +$12.6K +318 New
AFS
46
Aft Forsyth & Sober
Florida
$12K
MAS
47
Madden Advisory Services
Florida
$11K
AGA
48
Accuvest Global Advisors
Utah
-$1.26M -33,490 Closed
VFS
49
VSR Financial Services
Kansas
-$1.01M -27,003 Closed
FHC
50
First Heartland Consultants
Missouri
-$355K -9,390 Closed

FEX Hedge Fund Activity: Q4 2013 in Review

47 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2013, worth a combined $384M — up 40% from $274M a quarter earlier.

Fund positioning in FEX was balanced in Q4 2013: 7 funds opened new positions, 7 closed out, 28 added to existing stakes and 9 trimmed.

The largest buyer was LPL Financial, adding an estimated $16.2M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $7.87M.

  • 47 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2013, down from 48 in Q3 2013.
  • Funds reported $384M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2013, up 40% quarter-over-quarter.
  • 7 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2013 and 7 closed out, a net change of 0 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2013 was LPL Financial, an estimated $16.2M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2013 was Cambridge Investment Research Advisors, an estimated $7.87M sold.

Based on aggregated 13F filings for Q4 2013.