First Trust Large Cap Core AlphaDEX Fund
198 hedge funds and large institutions have $685M invested in First Trust Large Cap Core AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 67 reducing their positions, and 6 closing their positions.
217% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more funds holding
Funds holding: 187 → 198 (+11)
4% less capital invested
Capital invested by funds: $710M → $685M (-$25.3M)
6% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 67
8.12% less ownership
Funds ownership: 64.03% → 55.92% (-8.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.66M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$4.14M |
| 3 |
Goldman Sachs
New York
|
+$3.38M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.07M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$111M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.81M |
| 3 |
SOS
Silver Oak Securities
Jackson,
Tennessee
|
-$2.71M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$888K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$844K |
FEX Hedge Fund Activity: Q1 2024 in Review
198 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2024, worth a combined $685M — down 3.6% from $710M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEX positions and 6 closed out — a net gain of 13 holders — while 63 added to existing stakes and 67 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $4.66M. The largest seller was Morgan Stanley, cutting an estimated $111M.
- 198 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2024, up from 187 in Q4 2023.
- Funds reported $685M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2024, down 3.6% quarter-over-quarter.
- 19 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2024 and 6 closed out, a net change of +13 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2024 was Osaic Holdings, an estimated $4.66M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $111M sold.
Based on aggregated 13F filings for Q1 2024.