First Trust Large Cap Core AlphaDEX Fund
133 hedge funds and large institutions have $455M invested in First Trust Large Cap Core AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 78 reducing their positions, and 19 closing their positions.
2% less capital invested
Capital invested by funds: $465M → $455M (-$10.8M)
2% less funds holding
Funds holding: 136 → 133 (-3)
3.58% less ownership
Funds ownership: 52.78% → 49.19% (-3.6%)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
73% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 78
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $234K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.79M |
| 2 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
+$3.42M |
| 3 |
Rockefeller Capital Management
New York
|
+$2.22M |
| 4 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$1.89M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$19.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.7M |
| 4 |
LPL Financial
San Diego,
California
|
-$11.7M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$10.3M |
FEX Hedge Fund Activity: Q2 2020 in Review
133 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2020, worth a combined $455M — down 2.3% from $465M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FEX and 17 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 21 added.
The largest buyer was Wells Fargo, adding an estimated $3.79M. The largest seller was Morgan Stanley, cutting an estimated $19.8M.
- 133 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2020, down from 136 in Q1 2020.
- Funds reported $455M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2020, down 2.3% quarter-over-quarter.
- 17 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2020 and 19 closed out, a net change of -2 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2020 was Wells Fargo, an estimated $3.79M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2020 was Morgan Stanley, an estimated $19.8M sold.
Based on aggregated 13F filings for Q2 2020.