First Trust Large Cap Core AlphaDEX Fund
124 hedge funds and large institutions have $845M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 4 closing their positions.
450% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 4
16% more funds holding
Funds holding: 107 → 124 (+17)
15% more capital invested
Capital invested by funds: $734M → $845M (+$111M)
4.59% more ownership
Funds ownership: 51.53% → 56.12% (+4.6%)
2% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 45
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.6M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$18.4M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$11M |
| 4 |
LPL Financial
San Diego,
California
|
+$8.59M |
| 5 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$9.9M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$9.05M |
| 3 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$7.01M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.21M |
| 5 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$3.21M |
FEX Hedge Fund Activity: Q1 2017 in Review
124 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2017, worth a combined $845M — up 15% from $734M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FEX positions and 4 closed out — a net gain of 18 holders — while 46 added to existing stakes and 45 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $19.6M. The largest seller was Accuvest Global Advisors, exiting entirely with an estimated $9.9M sold.
- 124 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2017, up from 107 in Q4 2016.
- Funds reported $845M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2017, up 15% quarter-over-quarter.
- 22 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2017 and 4 closed out, a net change of +18 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2017 was Morgan Stanley, an estimated $19.6M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2017 was Accuvest Global Advisors, an estimated $9.9M sold.
Based on aggregated 13F filings for Q1 2017.