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First Trust Large Cap Core AlphaDEX Fund

136 hedge funds and large institutions have $465M invested in First Trust Large Cap Core AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 75 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.91% less ownership

Funds ownership: 54.69%52.78% (-1.9%)

13% less funds holding

Funds holding: 157136 (-21)

39% less capital invested

Capital invested by funds: $763M → $465M (-$297M)

55% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 33

59% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 75

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $315K

Holders
136
Holders Change
-21
Holders Change %
-13.38%
% of All Funds
3%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
15
Increased
31
Reduced
75
Closed
33
Calls
Puts
$315K
Net Calls
-$315K
Net Calls Change
-$315K
Name Holding Trade Value Shares
Change
Change in
Stake
MOS
101
MGO One Seven
Ohio
$212K +$267K +4,452 New
IAIM
102
International Assets Investment Management
Florida
$211K +$265K +4,424 New
LNC
103
Lincoln National Corp
Pennsylvania
$209K -$3.89K -65 -1%
EWF
104
Epstein & White Financial
California
$200K +$1.08K +18 +0.4%
PMFA
105
Plante Moran Financial Advisors
Michigan
$156K -$228K -3,803 -54%
AIC
106
Ameritas Investment Company
Nebraska
$134K -$9.35K -156 -5%
GRP
107
Global Retirement Partners
California
$116K
Northwestern Mutual Wealth Management
108
Northwestern Mutual Wealth Management
Wisconsin
$113K -$31.5K -526 -18%
EIP
109
Ellis Investment Partners
Pennsylvania
$113K +$659 +11 +0.4%
HPC
110
HM Payson & Co
Maine
$102K
HWM
111
Holloway Wealth Management
Florida
$101K
VCP
112
Verus Capital Partners
Arizona
$100K -$41.3K -690 -25%
HWA
113
HHM Wealth Advisors
Tennessee
$95K +$120K +2,000 New
WAP
114
Wealthcare Advisory Partners
Pennsylvania
$85K -$30.6K -510 -22%
IA
115
IFP Advisors
Florida
$75K
BFEC
116
Benjamin F. Edwards & Company
Missouri
$70K -$711K -11,863 -89%
LWM
117
Lenox Wealth Management
Ohio
$69K
SF
118
Synovus Financial
Georgia
$64K +$81.3K +1,357 New
TFA
119
Transamerica Financial Advisors
Florida
$60K +$74.4K +1,241 New
Fidelity Investments
120
Fidelity Investments
Massachusetts
$57K -$51.7K -863 -42%
NFG
121
Next Financial Group
Texas
$56K -$40.1K -670 -36%
VFA
122
Valeo Financial Advisors
Indiana
$45K +$51.5K +860 New
BCA
123
Berman Capital Advisors
Georgia
$31K +$120 +2 +0.3%
AWA
124
Arkadios Wealth Advisors
Georgia
$30.5K +$180 +3 +0.5%
SFS
125
Sowell Financial Services
Arkansas
$24K -$180 -3 -0.6%

FEX Hedge Fund Activity: Q1 2020 in Review

136 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2020, worth a combined $465M — down 39% from $763M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of FEX and 15 opened new positions — a net loss of 18 holders — while 75 trimmed existing stakes and 31 added.

The largest buyer was Frontier Wealth Management, adding an estimated $5.42M. The largest seller was UBS Group, cutting an estimated $32.1M.

  • 136 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2020, down from 157 in Q4 2019.
  • Funds reported $465M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2020, down 39% quarter-over-quarter.
  • 15 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2020 and 33 closed out, a net change of -18 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2020 was Frontier Wealth Management, an estimated $5.42M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2020 was UBS Group, an estimated $32.1M sold.

Based on aggregated 13F filings for Q1 2020.