First Trust Large Cap Core AlphaDEX Fund
145 hedge funds and large institutions have $532M invested in First Trust Large Cap Core AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 58 reducing their positions, and 7 closing their positions.
243% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $453M → $532M (+$78.7M)
12% more funds holding
Funds holding: 129 → 145 (+16)
2.54% more ownership
Funds ownership: 49.74% → 52.28% (+2.5%)
41% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$3.31M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.04M |
| 3 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$1.71M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.53M |
| 5 |
Goldman Sachs
New York
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$7.13M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.54M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.13M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.57M |
FEX Hedge Fund Activity: Q4 2020 in Review
145 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2020, worth a combined $532M — up 17% from $453M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FEX positions and 7 closed out — a net gain of 17 holders — while 34 added to existing stakes and 58 trimmed.
The largest buyer was Cypress Wealth Services, opening a new position worth an estimated $3.31M. The largest seller was LPL Financial, cutting an estimated $7.13M.
- 145 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2020, up from 129 in Q3 2020.
- Funds reported $532M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2020, up 17% quarter-over-quarter.
- 24 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2020 and 7 closed out, a net change of +17 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2020 was Cypress Wealth Services, an estimated $3.31M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2020 was LPL Financial, an estimated $7.13M sold.
Based on aggregated 13F filings for Q4 2020.