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First Trust Large Cap Core AlphaDEX Fund

101 hedge funds and large institutions have $1.01B invested in First Trust Large Cap Core AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 49 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

2.3% less ownership

Funds ownership: 67.92%65.62% (-2.3%)

8% less capital invested

Capital invested by funds: $1.1B → $1.01B (-$89M)

10% less funds holding

Funds holding: 112101 (-11)

37% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 49

50% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 20

Holders
101
Holders Change
-11
Holders Change %
-9.82%
% of All Funds
2.69%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.19%
New
10
Increased
31
Reduced
49
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
VFA
26
Voya Financial Advisors
Connecticut
$5.09M +$455K +10,916 +11%
Baird Financial Group
27
Baird Financial Group
Wisconsin
$4.97M +$1.01M +24,207 +28%
LPT
28
Legacy Private Trust
Wisconsin
$4.88M +$1.15M +27,717 +34%
SIM
29
SSI Investment Management
California
$4.87M +$434K +10,414 +11%
FA
30
FDx Advisors
Illinois
$4.51M +$451K +10,840 +12%
AIG
31
American International Group
New York
$4.18M +$335K +8,056 +9%
MFS
32
MSI Financial Services
Massachusetts
$3.9M -$53.2K -1,277 -1%
IH
33
IFC Holdings
Florida
$3.78M +$395K +9,477 +13%
Ameriprise
34
Ameriprise
Minnesota
$3.66M -$19.6M -469,571 -85%
LTFS
35
Ladenburg Thalmann Financial Services
Florida
$3.35M +$464K +11,146 +17%
Thrivent Financial for Lutherans
36
Thrivent Financial for Lutherans
Minnesota
$3.01M -$1.58M -37,980 -36%
Cetera Investment Advisers
37
Cetera Investment Advisers
Illinois
$2.96M -$162K -3,894 -6%
CAN
38
Cetera Advisor Networks
California
$2.49M +$34.8K +836 +2%
FAAS
39
First Allied Advisory Services
California
$2.48M -$3.11M -74,677 -57%
DADC
40
D.A. Davidson & Co
Montana
$2.25M -$197K -4,738 -9%
JP Morgan Chase
41
JP Morgan Chase
New York
$1.96M -$51K -1,226 -3%
US Bancorp
42
US Bancorp
Minnesota
$1.89M +$138K +3,316 +9%
VAM
43
Visionary Asset Management
Texas
$1.85M +$1.2M +28,704 +226%
Citigroup
44
Citigroup
New York
$1.7M -$460K -11,050 -22%
AFWA
45
Ancora Family Wealth Advisors
Ohio
$1.67M +$99.6K +2,393 +7%
BAAM
46
Baker Avenue Asset Management
California
$1.63M -$270K -6,490 -15%
WA
47
WFG Advisors
Texas
$1.59M -$10.5K -252 -0.7%
FWM
48
Frontier Wealth Management
Missouri
$1.58M +$53.2K +1,277 +4%
PAG
49
Private Advisor Group
New Jersey
$1.44M +$580K +13,923 +84%
PFS
50
Prospera Financial Services
Texas
$1.39M +$1.29M +31,060 New

FEX Hedge Fund Activity: Q1 2016 in Review

101 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2016, worth a combined $1.01B — down 8.1% from $1.1B a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of FEX and 10 opened new positions — a net loss of 10 holders — while 49 trimmed existing stakes and 31 added.

The largest buyer was Hays Advisory, opening a new position worth an estimated $51M. The largest seller was Morgan Stanley, cutting an estimated $30.3M.

  • 101 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2016, down from 112 in Q4 2015.
  • Funds reported $1.01B of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2016, down 8.1% quarter-over-quarter.
  • 10 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2016 and 20 closed out, a net change of -10 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2016 was Hays Advisory, an estimated $51M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $30.3M sold.

Based on aggregated 13F filings for Q1 2016.