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First Trust Large Cap Core AlphaDEX Fund

102 hedge funds and large institutions have $980M invested in First Trust Large Cap Core AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

7% more funds holding

Funds holding: 95102 (+7)

2.28% more ownership

Funds ownership: 56.18%58.46% (+2.3%)

9% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 34

7% less capital invested

Capital invested by funds: $1.06B → $980M (-$79.4M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $5K

Holders
102
Holders Change
+7
Holders Change %
+7.37%
% of All Funds
2.85%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.14%
New
17
Increased
37
Reduced
34
Closed
7
Calls
Puts
$5K
Net Calls
-$5K
Net Calls Change
-$5K
Name Holding Trade Value Shares
Change
Change in
Stake
HFS
26
HL Financial Services
Kentucky
$5.34M -$838K -18,821 -13%
CAN
27
Cetera Advisor Networks
California
$5.33M +$4.08M +91,603 +257%
Commonwealth Equity Services
28
Commonwealth Equity Services
Massachusetts
$4.57M -$798K -17,925 -14%
AIG
29
American International Group
New York
$3.36M -$2M -44,886 -36%
VF
30
Virtu Financial
New York
$3.23M +$3.44M +77,229 New
IH
31
IFC Holdings
Florida
$2.9M +$216K +4,852 +8%
CS
32
Credit Suisse
Switzerland
$2.87M +$3.06M +68,704 New
Citigroup
33
Citigroup
New York
$2.83M -$2.79M -62,713 -48%
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$2.67M -$442K -9,930 -13%
Jane Street
35
Jane Street
New York
$2.61M -$5.99M -134,415 -68%
OC
36
Oppenheimer & Co
New York
$2.59M -$710K -15,953 -21%
LPT
37
Legacy Private Trust
Wisconsin
$2.37M -$303K -6,797 -11%
DADC
38
D.A. Davidson & Co
Montana
$2.29M -$351K -7,877 -13%
JP Morgan Chase
39
JP Morgan Chase
New York
$2.08M -$1.14M -25,633 -34%
BAAM
40
Baker Avenue Asset Management
California
$1.94M +$45 +1 +0%
Citadel Advisors
41
Citadel Advisors
Florida
$1.83M +$1.95M +43,700 New
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$1.69M -$136K -3,053 -7%
TRCT
43
Tower Research Capital (TRC)
New York
$1.61M +$1.71M +38,452 New
MFS
44
MSI Financial Services
Massachusetts
$1.57M -$462K -10,373 -22%
WA
45
WFG Advisors
Texas
$1.52M +$87.7K +1,969 +6%
AFWA
46
Ancora Family Wealth Advisors
Ohio
$1.51M +$1.6M +36,044 New
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
$1.48M +$433K +9,732 +38%
LIA
48
LBMC Investment Advisors
Tennessee
$1.48M +$4.67K +105 +0.3%
ICOA
49
Investment Centers of America
North Dakota
$1.42M +$439K +9,864 +41%
MCC
50
Mid Continent Capital
Illinois
$1.4M -$467K -10,495 -24%

FEX Hedge Fund Activity: Q3 2015 in Review

102 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2015, worth a combined $980M — down 7.5% from $1.06B a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FEX positions and 7 closed out — a net gain of 10 holders — while 37 added to existing stakes and 34 trimmed.

The largest buyer was Aviance Capital Management, opening a new position worth an estimated $40.8M. The largest seller was Arrow Investment Advisors, exiting entirely with an estimated $23.2M sold.

  • 102 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2015, up from 95 in Q2 2015.
  • Funds reported $980M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2015, down 7.5% quarter-over-quarter.
  • 17 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2015 and 7 closed out, a net change of +10 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2015 was Aviance Capital Management, an estimated $40.8M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2015 was Arrow Investment Advisors, an estimated $23.2M sold.

Based on aggregated 13F filings for Q3 2015.