First Trust Large Cap Core AlphaDEX Fund
102 hedge funds and large institutions have $980M invested in First Trust Large Cap Core AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 34 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
7% more funds holding
Funds holding: 95 → 102 (+7)
2.28% more ownership
Funds ownership: 56.18% → 58.46% (+2.3%)
9% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 34
7% less capital invested
Capital invested by funds: $1.06B → $980M (-$79.4M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$40.8M |
| 2 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$25.4M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$21.4M |
| 4 |
SFWA
Summit Financial Wealth Advisors
Lafayette,
Louisiana
|
+$9.82M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$8.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$23.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$22M |
| 3 |
Morgan Stanley
New York
|
-$20.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$12.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$9.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MA
101
MCF Advisors
Covington,
Kentucky
| $1K | +$534 | +12 | New |
|
|
AIA
102
Arrow Investment Advisors
Laurel,
Maryland
| – | -$23.2M | -506,539 | Closed |
|
|
DWA
103
Dorsey Wright & Associates
Pasadena,
California
| – | -$8.2M | -177,118 | Closed |
|
|
RPG
104
Risk Paradigm Group
Austin,
Texas
| – | -$1.26M | -27,593 | Closed |
|
|
FIG
105
Fusion Investment Group
Pittsburgh,
Pennsylvania
| – | -$264K | -5,764 | Closed |
|
|
BRWM
106
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$231K | -5,042 | Closed |
|
|
SMC
107
Smith, Moore & Co
Clayton,
Missouri
| – | -$218K | -4,760 | Closed |
|
108
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$35K | -768 | Closed |
|
FEX Hedge Fund Activity: Q3 2015 in Review
102 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2015, worth a combined $980M — down 7.5% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FEX positions and 7 closed out — a net gain of 10 holders — while 37 added to existing stakes and 34 trimmed.
The largest buyer was Aviance Capital Management, opening a new position worth an estimated $40.8M. The largest seller was Arrow Investment Advisors, exiting entirely with an estimated $23.2M sold.
- 102 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2015, up from 95 in Q2 2015.
- Funds reported $980M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2015, down 7.5% quarter-over-quarter.
- 17 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2015 and 7 closed out, a net change of +10 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2015 was Aviance Capital Management, an estimated $40.8M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2015 was Arrow Investment Advisors, an estimated $23.2M sold.
Based on aggregated 13F filings for Q3 2015.