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First Trust Large Cap Core AlphaDEX Fund

141 hedge funds and large institutions have $690M invested in First Trust Large Cap Core AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 47 increasing their positions, 54 reducing their positions, and 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 16

4% more funds holding

Funds holding: 136141 (+5)

1.37% less ownership

Funds ownership: 57.29%55.91% (-1.4%)

13% less repeat investments, than reductions

Existing positions increased: 47 | Existing positions reduced: 54

27% less capital invested

Capital invested by funds: $948M → $690M (-$258M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
141
Holders Change
+5
Holders Change %
+3.68%
% of All Funds
3.14%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
23
Increased
47
Reduced
54
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
76
AE Wealth Management
Kansas
$500K -$306K -5,385 -36%
BCM
77
Breiter Capital Management
Florida
$453K +$494K +8,694 New
SPIA
78
Steward Partners Investment Advisory
New York
$448K +$65K +1,143 +15%
PFS
79
Prospera Financial Services
Texas
$444K -$23K -404 -5%
SFS
80
Sowell Financial Services
Arkansas
$436K +$476K +8,370 New
RIA
81
Regal Investment Advisors
Michigan
$434K +$114K +2,003 +32%
WI
82
Wintrust Investments
Illinois
$418K -$45.5K -800 -9%
AFP
83
Ausdal Financial Partners
Iowa
$416K
GLA
84
Good Life Advisors
Pennsylvania
$414K -$5.4K -95 -1%
KA
85
Kovack Advisors
Florida
$405K -$128K -2,243 -22%
PA
86
PFG Advisors
Arizona
$404K +$45.2K +794 +13%
SIG
87
Sargent Investment Group
Maryland
$387K +$422K +7,425 New
PGFC
88
Peapack-Gladstone Financial Corp
New Jersey
$381K
PMFA
89
Plante Moran Financial Advisors
Michigan
$372K +$158K +2,775 +63%
RPG
90
Risk Paradigm Group
Texas
$371K -$11.9K -209 -3%
CS
91
Comerica Securities
Michigan
$365K +$81.1K +1,426 +26%
PFA
92
Pinnacle Family Advisors
Missouri
$340K +$682 +12 +0.2%
FWM
93
Foresight Wealth Management
Utah
$338K +$369K +6,492 New
MHS
94
M Holdings Securities
Oregon
$332K +$21.9K +385 +6%
Creative Planning
95
Creative Planning
Kansas
$323K +$25.9K +455 +8%
RA
96
RFG Advisory
Alabama
$318K -$61.3K -1,077 -15%
UR
97
USCA RIA
Texas
$300K +$36.2K +636 +12%
VA
98
Valmark Advisers
Ohio
$293K
Northern Trust
99
Northern Trust
Illinois
$275K +$86.6K +1,522 +41%
AAP
100
Arax Advisory Partners
Colorado
$262K +$27.2K +478 +11%

FEX Hedge Fund Activity: Q4 2018 in Review

141 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2018, worth a combined $690M — down 27% from $948M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FEX positions and 16 closed out — a net gain of 7 holders — while 47 added to existing stakes and 54 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $11.4M. The largest seller was Cornerstone Wealth Management, cutting an estimated $41.7M.

  • 141 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2018, up from 136 in Q3 2018.
  • Funds reported $690M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2018, down 27% quarter-over-quarter.
  • 23 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2018 and 16 closed out, a net change of +7 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $11.4M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $41.7M sold.

Based on aggregated 13F filings for Q4 2018.