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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
BAM
126
Bellevue Asset Management
Washington
$24K +$12K +201 +100%
AIS
127
Accurate Investment Solutions
Pennsylvania
$20K +$120 +2 +0.5%
APWM
128
Atlas Private Wealth Management
New York
$19K
SFPG
129
Stonebridge Financial Planning Group
Florida
$17K +$19.5K +325 New
LFG
130
Larson Financial Group
Missouri
$12K
PFPT
131
Pinnacle Financial Partners (Tennessee)
Tennessee
$10K -$30K -500 -71%
AF
132
Allworth Financial
California
$10K +$60 +1 +0.5%
CFA
133
Carroll Financial Associates
North Carolina
$6K
PFBT
134
Parkside Financial Bank & Trust
Missouri
$5K +$5.99K +100 New
AA
135
AlphaMark Advisors
Kentucky
$4K -$899 -15 -14%
OPS
136
Orion Portfolio Solutions
Nebraska
$3K
LAS
137
Lloyd Advisory Services
Georgia
$1K
KWM
138
Keebeck Wealth Management
Illinois
-$7.48M -114,660 Closed
SCA
139
Snowden Capital Advisors
New York
-$1.88M -28,834 Closed
BAAM
140
Baker Avenue Asset Management
California
-$1.83M -28,070 Closed
LPT
141
Legacy Private Trust
Wisconsin
-$1.29M -19,837 Closed
IWC
142
Integrated Wealth Concepts
Massachusetts
-$1.25M -19,110 Closed
LWAC
143
Laurel Wealth Advisors (California)
California
-$1.14M -17,476 Closed
BW
144
Bison Wealth
Georgia
-$729K -11,183 Closed
Goldman Sachs
145
Goldman Sachs
New York
-$576K -8,827 Closed
IAA
146
Independent Advisor Alliance
North Carolina
-$491K -7,520 Closed
RIA
147
Regal Investment Advisors
Michigan
-$455K -6,981 Closed
GLA
148
Good Life Advisors
Pennsylvania
-$394K -6,046 Closed
WIA
149
World Investment Advisors
California
-$343K -5,252 Closed
PFA
150
Pinnacle Family Advisors
Missouri
-$261K -4,005 Closed

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.