First Trust Large Cap Core AlphaDEX Fund
145 hedge funds and large institutions have $810M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 39 increasing their positions, 58 reducing their positions, and 10 closing their positions.
230% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 10
18% more funds holding
Funds holding: 123 → 145 (+22)
4% less capital invested
Capital invested by funds: $848M → $810M (-$37.7M)
4.62% less ownership
Funds ownership: 56.16% → 51.53% (-4.6%)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
33% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 58
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.35M |
| 2 |
Morgan Stanley
New York
|
+$6.47M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$3.12M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.74M |
| 5 |
BS
Banco Santander
Madrid,
Spain
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$43.3M |
| 2 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$19.5M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$17.9M |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$16.6M |
| 5 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$6.92M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NPC
151
National Planning Corporation
El Segundo,
California
| – | -$433K | -7,895 | Closed |
|
152
Citadel Advisors
Miami,
Florida
| – | -$306K | -5,576 | Closed |
|
|
BF
153
BOK Financial
Tulsa,
Oklahoma
| – | -$158K | -2,890 | Closed |
|
|
NFG
154
Next Financial Group
Houston,
Texas
| – | -$98K | -1,761 | Closed |
|
FEX Hedge Fund Activity: Q4 2017 in Review
145 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2017, worth a combined $810M — down 4.4% from $848M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FEX positions and 10 closed out — a net gain of 23 holders — while 39 added to existing stakes and 58 trimmed.
The largest buyer was Credit Suisse, adding an estimated $7.35M. The largest seller was Wells Fargo, cutting an estimated $43.3M.
- 145 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2017, up from 123 in Q3 2017.
- Funds reported $810M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2017, down 4.4% quarter-over-quarter.
- 33 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2017 and 10 closed out, a net change of +23 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2017 was Credit Suisse, an estimated $7.35M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2017 was Wells Fargo, an estimated $43.3M sold.
Based on aggregated 13F filings for Q4 2017.