First Trust Large Cap Core AlphaDEX Fund
139 hedge funds and large institutions have $807M invested in First Trust Large Cap Core AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 58 increasing their positions, 48 reducing their positions, and 16 closing their positions.
21% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 48
3.16% more ownership
Funds ownership: 51.53% → 54.69% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0% less capital invested
Capital invested by funds: $810M → $807M (-$3.49M)
4% less funds holding
Funds holding: 145 → 139 (-6)
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$7.12M |
| 2 |
Morgan Stanley
New York
|
+$5.94M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.22M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.47M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$12.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.3M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$3.35M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.13M |
FEX Hedge Fund Activity: Q1 2018 in Review
139 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2018, worth a combined $807M — down 0.43% from $810M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FEX and 11 opened new positions — a net loss of 5 holders — while 48 trimmed existing stakes and 58 added.
The largest buyer was Pinnacle Family Advisors, adding an estimated $7.12M. The largest seller was HBK Sorce Advisory, exiting entirely with an estimated $12.6M sold.
- 139 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2018, down from 145 in Q4 2017.
- Funds reported $807M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2018, down 0.43% quarter-over-quarter.
- 11 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2018 and 16 closed out, a net change of -5 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2018 was Pinnacle Family Advisors, an estimated $7.12M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2018 was HBK Sorce Advisory, an estimated $12.6M sold.
Based on aggregated 13F filings for Q1 2018.