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First Trust Large Cap Core AlphaDEX Fund

123 hedge funds and large institutions have $848M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 46 increasing their positions, 59 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.18% less ownership

Funds ownership: 56.33%56.16% (-0.18%)

3% less capital invested

Capital invested by funds: $870M → $848M (-$21.8M)

5% less funds holding

Funds holding: 129123 (-6)

22% less repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 59

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

Holders
123
Holders Change
-6
Holders Change %
-4.65%
% of All Funds
3.07%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.15%
New
7
Increased
46
Reduced
59
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
HA
26
Hays Advisory
Tennessee
$7.06M -$4.25M -79,030 -38%
IH
27
IFC Holdings
Florida
$5.72M +$158K +2,934 +3%
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$5.26M -$657K -12,213 -11%
Stifel Financial
29
Stifel Financial
Missouri
$5.06M -$1.97M -36,696 -28%
DWA
30
Dorsey Wright & Associates
California
$4.92M -$175K -3,258 -4%
BTS
31
BB&T Securities
Virginia
$4.91M -$73.6K -1,368 -2%
SIM
32
SSI Investment Management
California
$4.9M +$11.3K +210 +0.2%
FAAS
33
First Allied Advisory Services
California
$4.54M -$69.9K -1,300 -2%
CCA
34
Clearwater Capital Advisors
Illinois
$4M -$224K -4,162 -5%
AWM
35
AE Wealth Management
Kansas
$3.96M -$313K -5,828 -7%
LPT
36
Legacy Private Trust
Wisconsin
$3.91M -$210K -3,902 -5%
VFA
37
Voya Financial Advisors
Connecticut
$3.83M -$176K -3,266 -4%
JP Morgan Chase
38
JP Morgan Chase
New York
$3.59M -$278K -5,162 -7%
FA
39
FDx Advisors
Illinois
$3.44M -$100K -1,861 -3%
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$3.13M +$595K +11,055 +24%
SI
41
SII Investments
Wisconsin
$2.96M -$27.3K -508 -0.9%
Cetera Investment Advisers
42
Cetera Investment Advisers
Illinois
$2.83M +$256K +4,762 +10%
US Bancorp
43
US Bancorp
Minnesota
$2.57M +$102K +1,888 +4%
PAG
44
Private Advisor Group
New Jersey
$2.1M +$49.6K +922 +2%
FWM
45
Frontier Wealth Management
Missouri
$1.91M +$120K +2,222 +7%
WP
46
WealthPLAN Partners
Nebraska
$1.9M -$9.94M -184,884 -84%
BAAM
47
Baker Avenue Asset Management
California
$1.85M -$31.7K -590 -2%
Thrivent Financial for Lutherans
48
Thrivent Financial for Lutherans
Minnesota
$1.82M +$200K +3,710 +13%
DADC
49
D.A. Davidson & Co
Montana
$1.75M +$33.3K +620 +2%
GS
50
Girard Securities
California
$1.67M -$76K -1,413 -4%

FEX Hedge Fund Activity: Q3 2017 in Review

123 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2017, worth a combined $848M — down 2.5% from $870M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FEX and 7 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 46 added.

The largest buyer was Bank of America, adding an estimated $16.4M. The largest seller was Wells Fargo, cutting an estimated $13.5M.

  • 123 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2017, down from 129 in Q2 2017.
  • Funds reported $848M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2017, down 2.5% quarter-over-quarter.
  • 7 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2017 and 10 closed out, a net change of -3 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2017 was Bank of America, an estimated $16.4M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2017 was Wells Fargo, an estimated $13.5M sold.

Based on aggregated 13F filings for Q3 2017.