First Trust Large Cap Core AlphaDEX Fund
133 hedge funds and large institutions have $808M invested in First Trust Large Cap Core AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 44 increasing their positions, 59 reducing their positions, and 13 closing their positions.
2.43% more ownership
Funds ownership: 54.69% → 57.12% (+2.4%)
0% more capital invested
Capital invested by funds: $807M → $808M (+$1.18M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
4% less funds holding
Funds holding: 139 → 133 (-6)
25% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 59
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$47.7M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$11.7M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$8.21M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.06M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$15.7M |
| 2 |
Morgan Stanley
New York
|
-$8.34M |
| 3 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$7.17M |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$6.98M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$6.58M |
FEX Hedge Fund Activity: Q2 2018 in Review
133 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2018, worth a combined $808M — up 0.15% from $807M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FEX and 8 opened new positions — a net loss of 5 holders — while 59 trimmed existing stakes and 44 added.
The largest buyer was Cornerstone Wealth Management, adding an estimated $47.7M. The largest seller was Wells Fargo, cutting an estimated $15.7M.
- 133 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2018, down from 139 in Q1 2018.
- Funds reported $808M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2018, up 0.15% quarter-over-quarter.
- 8 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2018 and 13 closed out, a net change of -5 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $47.7M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2018 was Wells Fargo, an estimated $15.7M sold.
Based on aggregated 13F filings for Q2 2018.