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First Trust Large Cap Core AlphaDEX Fund

108 hedge funds and large institutions have $857M invested in First Trust Large Cap Core AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 48 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

7% more funds holding

Funds holding: 101108 (+7)

11.21% less ownership

Funds ownership: 65.62%54.41% (-11%)

15% less capital invested

Capital invested by funds: $1.01B → $857M (-$154M)

25% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 48

Holders
108
Holders Change
+7
Holders Change %
+6.93%
% of All Funds
2.88%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.21%
New
14
Increased
36
Reduced
48
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Commonwealth Equity Services
26
Commonwealth Equity Services
Massachusetts
$5.38M -$26.7K -600 -0.5%
Jane Street
27
Jane Street
New York
$5.33M +$4.31M +96,738 +446%
VFA
28
Voya Financial Advisors
Connecticut
$5.33M +$277K +6,226 +5%
Ameriprise
29
Ameriprise
Minnesota
$5.13M +$1.42M +31,774 +39%
SIM
30
SSI Investment Management
California
$4.92M
FHA
31
First Horizon Advisors
Tennessee
$4.79M -$5.57M -124,967 -54%
FA
32
FDx Advisors
Illinois
$4.66M +$104K +2,334 +2%
CCA
33
Clearwater Capital Advisors
Illinois
$4.38M +$4.35M +97,710 New
MFS
34
MSI Financial Services
Massachusetts
$4.37M +$431K +9,680 +11%
IH
35
IFC Holdings
Florida
$4.08M +$275K +6,179 +7%
Susquehanna International Group
36
Susquehanna International Group
Pennsylvania
$3.83M +$3.33M +74,690 +717%
LTFS
37
Ladenburg Thalmann Financial Services
Florida
$3.49M +$64K +1,436 +2%
Thrivent Financial for Lutherans
38
Thrivent Financial for Lutherans
Minnesota
$2.85M -$280K -6,292 -9%
Cetera Investment Advisers
39
Cetera Investment Advisers
Illinois
$2.8M -$194K -4,357 -7%
TRCT
40
Tower Research Capital (TRC)
New York
$2.66M +$2.63M +58,986 New
LPT
41
Legacy Private Trust
Wisconsin
$2.62M -$2.29M -51,376 -47%
CAN
42
Cetera Advisor Networks
California
$2.57M +$48.1K +1,080 +2%
FAAS
43
First Allied Advisory Services
California
$2.52M +$10.9K +244 +0.4%
Citadel Advisors
44
Citadel Advisors
Florida
$2.09M +$2.07M +46,389 New
JP Morgan Chase
45
JP Morgan Chase
New York
$1.96M -$18.1K -406 -0.9%
DADC
46
D.A. Davidson & Co
Montana
$1.84M -$427K -9,572 -19%
AFWA
47
Ancora Family Wealth Advisors
Ohio
$1.7M +$5.26K +118 +0.3%
BAAM
48
Baker Avenue Asset Management
California
$1.65M +$6.28K +141 +0.4%
WA
49
WFG Advisors
Texas
$1.65M +$50.5K +1,133 +3%
Citigroup
50
Citigroup
New York
$1.64M -$77.9K -1,747 -5%

FEX Hedge Fund Activity: Q2 2016 in Review

108 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2016, worth a combined $857M — down 15% from $1.01B a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FEX positions and 7 closed out — a net gain of 7 holders — while 36 added to existing stakes and 48 trimmed.

The largest buyer was Baird Financial Group, adding an estimated $4.96M. The largest seller was LPL Financial, cutting an estimated $67.9M.

  • 108 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2016, up from 101 in Q1 2016.
  • Funds reported $857M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2016, down 15% quarter-over-quarter.
  • 14 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2016 and 7 closed out, a net change of +7 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2016 was Baird Financial Group, an estimated $4.96M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $67.9M sold.

Based on aggregated 13F filings for Q2 2016.