First Trust Large Cap Core AlphaDEX Fund
157 hedge funds and large institutions have $763M invested in First Trust Large Cap Core AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 41 increasing their positions, 66 reducing their positions, and 8 closing their positions.
263% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 8
13% more funds holding
Funds holding: 139 → 157 (+18)
7% more capital invested
Capital invested by funds: $712M → $763M (+$50.8M)
1.05% more ownership
Funds ownership: 53.63% → 54.69% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
38% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$20.5M |
| 2 |
Morgan Stanley
New York
|
+$9.53M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.22M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.82M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7.76M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.95M |
| 3 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$4.86M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.35M |
| 5 |
LPL Financial
San Diego,
California
|
-$4.17M |
FEX Hedge Fund Activity: Q4 2019 in Review
157 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2019, worth a combined $763M — up 7.1% from $712M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FEX positions and 8 closed out — a net gain of 21 holders — while 41 added to existing stakes and 66 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $20.5M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $7.76M.
- 157 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2019, up from 139 in Q3 2019.
- Funds reported $763M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2019, up 7.1% quarter-over-quarter.
- 29 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2019 and 8 closed out, a net change of +21 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2019 was Truist Financial, an estimated $20.5M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2019 was Cambridge Investment Research Advisors, an estimated $7.76M sold.
Based on aggregated 13F filings for Q4 2019.