First Trust Large Cap Core AlphaDEX Fund
47 hedge funds and large institutions have $384M invested in First Trust Large Cap Core AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 9 reducing their positions, and 7 closing their positions.
211% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 9
40% more capital invested
Capital invested by funds: $274M → $384M (+$109M)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
0.3% less ownership
Funds ownership: 52.4% → 52.11% (-0.3%)
2% less funds holding
Funds holding: 48 → 47 (-1)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$16.2M |
| 2 |
Morgan Stanley
New York
|
+$11.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$8.79M |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$5.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7.87M |
| 2 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$1.26M |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$1.01M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$770K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$697K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
51
Regal Investment Advisors
Kentwood,
Michigan
| – | -$297K | -7,920 | Closed |
|
|
CS
52
Comerica Securities
Detroit,
Michigan
| – | -$276K | -7,354 | Closed |
|
53
Jane Street
New York
| – | -$233K | -6,217 | Closed |
|
|
KIG
54
Kessler Investment Group
Columbus,
Indiana
| – | -$69K | -1,830 | Closed |
|
FEX Hedge Fund Activity: Q4 2013 in Review
47 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2013, worth a combined $384M — up 40% from $274M a quarter earlier.
Fund positioning in FEX was balanced in Q4 2013: 7 funds opened new positions, 7 closed out, 28 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $16.2M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $7.87M.
- 47 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2013, down from 48 in Q3 2013.
- Funds reported $384M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2013, up 40% quarter-over-quarter.
- 7 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2013 and 7 closed out, a net change of 0 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2013 was LPL Financial, an estimated $16.2M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2013 was Cambridge Investment Research Advisors, an estimated $7.87M sold.
Based on aggregated 13F filings for Q4 2013.