First Trust Large Cap Core AlphaDEX Fund
95 hedge funds and large institutions have $1.06B invested in First Trust Large Cap Core AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 37 increasing their positions, 33 reducing their positions, and 11 closing their positions.
12% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 33
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
3.32% less ownership
Funds ownership: 59.49% → 56.18% (-3.3%)
4% less funds holding
Funds holding: 99 → 95 (-4)
11% less capital invested
Capital invested by funds: $1.18B → $1.06B (-$125M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$14.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.44M |
| 3 |
SIM
SSI Investment Management
Los Angeles,
California
|
+$8.69M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.69M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$7.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$17.7M |
| 2 |
Morgan Stanley
New York
|
-$11.4M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$11.2M |
| 4 |
Goldman Sachs
New York
|
-$6.44M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$6.04M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
Creative Planning
Overland Park,
Kansas
| – | -$326K | -6,990 | Closed |
|
|
UCFA
102
United Capital Financial Advisors
Irving,
Texas
| – | -$223K | -4,785 | Closed |
|
|
GI
103
Gradient Investments
Arden Hills,
Minnesota
| – | -$17K | -366 | Closed |
|
|
ONB
104
Old National Bancorp
Evansville,
Indiana
| – | -$8K | -162 | Closed |
|
105
AllianceBernstein
Nashville,
Tennessee
| – | -$2K | -48 | Closed |
|
FEX Hedge Fund Activity: Q2 2015 in Review
95 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2015, worth a combined $1.06B — down 11% from $1.18B a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FEX and 8 opened new positions — a net loss of 3 holders — while 33 trimmed existing stakes and 37 added.
The largest buyer was Wells Fargo, adding an estimated $14.3M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $17.7M sold.
- 95 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2015, down from 99 in Q1 2015.
- Funds reported $1.06B of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2015, down 11% quarter-over-quarter.
- 8 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2015 and 11 closed out, a net change of -3 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2015 was Wells Fargo, an estimated $14.3M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2015 was Aviance Capital Management, an estimated $17.7M sold.
Based on aggregated 13F filings for Q2 2015.