First Trust Large Cap Core AlphaDEX Fund
107 hedge funds and large institutions have $797M invested in First Trust Large Cap Core AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 63 reducing their positions, and 8 closing their positions.
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
1% less funds holding
Funds holding: 108 → 107 (-1)
6.66% less ownership
Funds ownership: 54.41% → 47.75% (-6.7%)
7% less capital invested
Capital invested by funds: $857M → $797M (-$59.5M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
60% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$17.4M |
| 2 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$14.2M |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$7.08M |
| 4 |
Morgan Stanley
New York
|
+$3.5M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$27.7M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$26.7M |
| 3 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$18.3M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$15.7M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$15.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
101
SEI Investments
Oaks,
Pennsylvania
| $16K | +$16K | +344 | New |
|
|
JFGIW
102
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| $15K | – | – | – |
|
|
MA
103
MCF Advisors
Covington,
Kentucky
| $12K | – | – | – |
|
|
BCI
104
Brinker Capital Investments
Berwyn,
Pennsylvania
| $5K | – | – | – |
|
|
CFA
105
Carroll Financial Associates
Charlotte,
North Carolina
| $2K | – | – | – |
|
|
HA
106
Hays Advisory
Franklin,
Tennessee
| – | -$26.7M | -593,770 | Closed |
|
|
FFS
107
Founders Financial Securities
Towson,
Maryland
| – | -$7.61M | -168,889 | Closed |
|
|
FHA
108
First Horizon Advisors
Memphis,
Tennessee
| – | -$4.79M | -106,453 | Closed |
|
|
SCA
109
Snowden Capital Advisors
New York
| – | -$1.4M | -31,133 | Closed |
|
|
TSS
110
Two Sigma Securities
New York
| – | -$400K | -8,884 | Closed |
|
|
IPC
111
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$38K | -850 | Closed |
|
|
CG
112
Cutler Group
San Francisco,
California
| – | -$9K | -200 | Closed |
|
|
KTC
113
Kistler-Tiffany Companies
Berwyn,
Pennsylvania
| – | -$6K | -140 | Closed |
|
114
BlackRock
New York
| – | -$932 | -20 | -74% |
|
FEX Hedge Fund Activity: Q3 2016 in Review
107 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2016, worth a combined $797M — down 6.9% from $857M a quarter earlier.
Fund positioning in FEX was balanced in Q3 2016: 8 funds opened new positions, 8 closed out, 25 added to existing stakes and 63 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $17.4M. The largest seller was Horizon Investments, cutting an estimated $27.7M.
- 107 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2016, down from 108 in Q2 2016.
- Funds reported $797M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2016, down 6.9% quarter-over-quarter.
- 8 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2016 and 8 closed out, a net change of 0 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $17.4M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2016 was Horizon Investments, an estimated $27.7M sold.
Based on aggregated 13F filings for Q3 2016.