First Trust Large Cap Core AlphaDEX Fund
76 hedge funds and large institutions have $771M invested in First Trust Large Cap Core AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 43 increasing their positions, 12 reducing their positions, and 6 closing their positions.
258% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 12
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
22% more capital invested
Capital invested by funds: $632M → $771M (+$138M)
7% more funds holding
Funds holding: 71 → 76 (+5)
1.11% more ownership
Funds ownership: 55.76% → 56.87% (+1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.5M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$21.1M |
| 3 |
LPL Financial
San Diego,
California
|
+$16.8M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$12.9M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$12.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.27M |
| 2 |
Goldman Sachs
New York
|
-$4.96M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.63M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.01M |
| 5 |
AUB
Atlantic Union Bankshares
Glen Allen,
Virginia
|
-$796K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
AllianceBernstein
Nashville,
Tennessee
| $2K | +$2.12K | +48 | New |
|
|
77
Jane Street
New York
| – | -$5.27M | -118,891 | Closed |
|
|
ASN
78
Advisory Services Network
Atlanta,
Georgia
| – | -$607K | -13,703 | Closed |
|
|
ICOA
79
Investment Centers of America
Bismarck,
North Dakota
| – | -$486K | -10,986 | Closed |
|
|
CS
80
Comerica Securities
Detroit,
Michigan
| – | -$429K | -9,670 | Closed |
|
|
RJT
81
Raymond James Trust
St. Petersburg,
Florida
| – | -$245K | -5,529 | Closed |
|
|
BRWA
82
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$30.2K | -682 | Closed |
|
FEX Hedge Fund Activity: Q3 2014 in Review
76 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2014, worth a combined $771M — up 22% from $632M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FEX positions and 6 closed out — a net gain of 5 holders — while 43 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.5M. The largest seller was Jane Street, exiting entirely with an estimated $5.27M sold.
- 76 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2014, up from 71 in Q2 2014.
- Funds reported $771M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2014, up 22% quarter-over-quarter.
- 11 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2014 and 6 closed out, a net change of +5 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2014 was Morgan Stanley, an estimated $24.5M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2014 was Jane Street, an estimated $5.27M sold.
Based on aggregated 13F filings for Q3 2014.