First Trust Large Cap Core AlphaDEX Fund
129 hedge funds and large institutions have $870M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 48 reducing their positions, and 13 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
4% more funds holding
Funds holding: 124 → 129 (+5)
4% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 48
3% more capital invested
Capital invested by funds: $845M → $870M (+$24.3M)
0.22% more ownership
Funds ownership: 56.12% → 56.33% (+0.22%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$19.6M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$12.3M |
| 3 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$10.9M |
| 4 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$10.8M |
| 5 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
+$9.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$24.8M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$21.3M |
| 3 |
Morgan Stanley
New York
|
-$13.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.84M |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$6.92M |
FEX Hedge Fund Activity: Q2 2017 in Review
129 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2017, worth a combined $870M — up 2.9% from $845M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEX positions and 13 closed out — a net gain of 6 holders — while 50 added to existing stakes and 48 trimmed.
The largest buyer was Arrow Investment Advisors, opening a new position worth an estimated $19.6M. The largest seller was Astor Investment Management, cutting an estimated $24.8M.
- 129 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2017, up from 124 in Q1 2017.
- Funds reported $870M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2017, up 2.9% quarter-over-quarter.
- 19 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2017 and 13 closed out, a net change of +6 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2017 was Arrow Investment Advisors, an estimated $19.6M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2017 was Astor Investment Management, an estimated $24.8M sold.
Based on aggregated 13F filings for Q2 2017.