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First Trust Large Cap Core AlphaDEX Fund

136 hedge funds and large institutions have $465M invested in First Trust Large Cap Core AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 75 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.91% less ownership

Funds ownership: 54.69%52.78% (-1.9%)

13% less funds holding

Funds holding: 157136 (-21)

39% less capital invested

Capital invested by funds: $763M → $465M (-$297M)

55% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 33

59% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 75

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $315K

Holders
136
Holders Change
-21
Holders Change %
-13.38%
% of All Funds
3%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
31
Reduced
75
Closed
33
Calls
Puts
$315K
Net Calls
-$315K
Net Calls Change
-$315K
Name Holding Trade Value Shares
Change
Change in
Stake
CWS
26
Cypress Wealth Services
California
$2.98M -$1.58M -26,354 -30%
Cetera Investment Advisers
27
Cetera Investment Advisers
Illinois
$2.93M +$39.1K +652 +1%
Thrivent Financial for Lutherans
28
Thrivent Financial for Lutherans
Minnesota
$2.88M -$210K -3,508 -16%
FAAS
29
First Allied Advisory Services
California
$2.7M +$451K +7,521 +15%
Jane Street
30
Jane Street
New York
$2.32M +$2.15M +35,860 +277%
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$2.18M +$846K +14,115 +45%
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$2.13M -$2.17M -36,289 -45%
1W
33
1776 Wealth
Georgia
$2.03M +$1.04M +17,400 +95%
MCM
34
Mattern Capital Management
Colorado
$1.99M -$653K -10,906 -21%
JP Morgan Chase
35
JP Morgan Chase
New York
$1.91M -$353K -5,889 -13%
GIA
36
Gladstone Institutional Advisory
Florida
$1.88M -$76.6K -1,278 -3%
WI
37
Wintrust Investments
Illinois
$1.6M -$45.2K -754 -2%
PNC
38
Park National Corp
Ohio
$1.55M -$15K -250 -0.8%
CPIG
39
Chicago Partners Investment Group
Illinois
$1.55M -$39.9K -666 -2%
DADC
40
D.A. Davidson & Co
Montana
$1.41M -$25.2K -420 -1%
FFN
41
Focus Financial Network
Minnesota
$1.41M +$2.4K +40 +0.1%
EWM
42
EPG Wealth Management
Georgia
$1.35M +$206K +3,446 +14%
OC
43
Oppenheimer & Co
New York
$1.34M -$80.2K -1,338 -5%
CP
44
Camelot Portfolios
Ohio
$1.19M -$1.83M -30,589 -55%
SPC
45
Sigma Planning Corp
Michigan
$1.19M -$256K -4,275 -15%
Citigroup
46
Citigroup
New York
$1.12M +$47.4K +791 +3%
CBFP
47
Cedar Brook Financial Partners
Ohio
$1.07M -$138K -2,299 -9%
LI
48
LVZ Inc
Michigan
$987K +$17.4K +290 +1%
HighTower Advisors
49
HighTower Advisors
Illinois
$924K -$14.7K -245 -1%
CCA
50
Clearwater Capital Advisors
Illinois
$886K -$1.37M -22,875 -55%

FEX Hedge Fund Activity: Q1 2020 in Review

136 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2020, worth a combined $465M — down 39% from $763M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of FEX and 15 opened new positions — a net loss of 18 holders — while 75 trimmed existing stakes and 31 added.

The largest buyer was Frontier Wealth Management, adding an estimated $5.42M. The largest seller was UBS Group, cutting an estimated $32.1M.

  • 136 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2020, down from 157 in Q4 2019.
  • Funds reported $465M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2020, down 39% quarter-over-quarter.
  • 15 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2020 and 33 closed out, a net change of -18 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2020 was Frontier Wealth Management, an estimated $5.42M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2020 was UBS Group, an estimated $32.1M sold.

Based on aggregated 13F filings for Q1 2020.