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First Trust Large Cap Core AlphaDEX Fund

141 hedge funds and large institutions have $690M invested in First Trust Large Cap Core AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 16

4% more funds holding

Funds holding: 136141 (+5)

1.37% less ownership

Funds ownership: 57.29%55.91% (-1.4%)

13% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 54

27% less capital invested

Capital invested by funds: $948M → $690M (-$258M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
141
Holders Change
+5
Holders Change %
+3.68%
% of All Funds
3.14%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
23
Increased
47
Reduced
54
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BTS
26
BB&T Securities
Virginia
$4.04M -$16.8M -295,400 -79%
FAAS
27
First Allied Advisory Services
California
$3.98M -$120K -2,112 -3%
SIM
28
SSI Investment Management
California
$3.76M -$1.32M -23,173 -24%
CCA
29
Clearwater Capital Advisors
Illinois
$3.47M -$99.5K -1,750 -3%
Jane Street
30
Jane Street
New York
$3.43M +$2.44M +42,952 +188%
CWS
31
Cypress Wealth Services
California
$3.42M +$1.38M +24,196 +59%
Cetera Investment Advisers
32
Cetera Investment Advisers
Illinois
$3.25M -$37.9K -667 -1%
US Bancorp
33
US Bancorp
Minnesota
$3.08M -$2.22M -39,054 -40%
JP Morgan Chase
34
JP Morgan Chase
New York
$3.06M -$20.1K -353 -0.6%
HighTower Advisors
35
HighTower Advisors
Illinois
$2.87M +$48.3K +849 +2%
PAG
36
Private Advisor Group
New Jersey
$2.72M +$343K +6,036 +13%
VFA
37
Voya Financial Advisors
Connecticut
$2.33M -$960K -16,877 -27%
FWM
38
Frontier Wealth Management
Missouri
$1.93M -$24.2K -425 -1%
PNC
39
Park National Corp
Ohio
$1.91M +$725K +12,739 +53%
Stifel Financial
40
Stifel Financial
Missouri
$1.77M -$2.98M -52,357 -61%
CBFP
41
Cedar Brook Financial Partners
Ohio
$1.6M +$1.75M +30,794 New
Thrivent Financial for Lutherans
42
Thrivent Financial for Lutherans
Minnesota
$1.59M
OC
43
Oppenheimer & Co
New York
$1.58M -$18.5K -325 -1%
CPIG
44
Chicago Partners Investment Group
Illinois
$1.56M +$887K +15,598 +120%
SCA
45
Snowden Capital Advisors
New York
$1.55M -$109K -1,915 -6%
DADC
46
D.A. Davidson & Co
Montana
$1.54M +$25.6K +450 +2%
EAM
47
Eukles Asset Management
Ohio
$1.53M +$1.67M +29,421 New
CAN
48
Cetera Advisor Networks
California
$1.52M -$2.51M -44,216 -60%
BAAM
49
Baker Avenue Asset Management
California
$1.49M -$105K -1,850 -6%
CP
50
Camelot Portfolios
Ohio
$1.33M -$1.45M -25,534 -50%

FEX Hedge Fund Activity: Q4 2018 in Review

141 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2018, worth a combined $690M — down 27% from $948M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FEX positions and 16 closed out — a net gain of 7 holders — while 47 added to existing stakes and 54 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $11.4M. The largest seller was Cornerstone Wealth Management, cutting an estimated $41.7M.

  • 141 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2018, up from 136 in Q3 2018.
  • Funds reported $690M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2018, down 27% quarter-over-quarter.
  • 23 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2018 and 16 closed out, a net change of +7 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $11.4M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $41.7M sold.

Based on aggregated 13F filings for Q4 2018.