First Trust Large Cap Core AlphaDEX Fund
60 hedge funds and large institutions have $493M invested in First Trust Large Cap Core AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 26 increasing their positions, 14 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
86% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 14
28% more capital invested
Capital invested by funds: $384M → $493M (+$109M)
28% more funds holding
Funds holding: 47 → 60 (+13)
0.25% more ownership
Funds ownership: 52.11% → 52.36% (+0.25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$29.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$19.1M |
| 3 |
Morgan Stanley
New York
|
+$8.56M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$8.22M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$9.58M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.58M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$3.08M |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$1.22M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $95K | -$3.69K | -90 | -4% |
|
|
WEC
52
Winslow Evans & Crocker
Boston,
Massachusetts
| $88.1K | +$2.05K | +50 | +2% |
|
|
SGC
53
South Georgia Capital
Naperville,
Illinois
| $27K | – | – | – |
|
|
PAS
54
Partnervest Advisory Services
Santa Barbara,
California
| $25K | +$24.2K | +589 | New |
|
|
NES
55
New England Securities
New York
| $15K | +$14.8K | +360 | New |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $13K | – | – | – |
|
|
FBT
57
Founders Bank & Trust
Grand Rapids,
Michigan
| $12K | -$16.2K | -395 | -57% |
|
|
AFS
58
Aft Forsyth & Sober
Valrico,
Florida
| $12K | – | – | – |
|
|
MAS
59
Madden Advisory Services
Jacksonville,
Florida
| $11K | – | – | – |
|
|
TRCT
60
Tower Research Capital (TRC)
New York
| $3K | +$2.87K | +70 | New |
|
|
WSTAM
61
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$1.22M | -29,690 | Closed |
|
|
DS
62
DRW Securities
Chicago,
Illinois
| – | -$567K | -13,756 | Closed |
|
FEX Hedge Fund Activity: Q1 2014 in Review
60 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2014, worth a combined $493M — up 28% from $384M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEX positions and 2 closed out — a net gain of 13 holders — while 26 added to existing stakes and 14 trimmed.
The largest buyer was UBS, adding an estimated $29.7M. The largest seller was LPL Financial, cutting an estimated $9.58M.
- 60 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2014, up from 47 in Q4 2013.
- Funds reported $493M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2014, up 28% quarter-over-quarter.
- 15 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2014 and 2 closed out, a net change of +13 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2014 was UBS, an estimated $29.7M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2014 was LPL Financial, an estimated $9.58M sold.
Based on aggregated 13F filings for Q1 2014.