First Trust Large Cap Core AlphaDEX Fund
142 hedge funds and large institutions have $802M invested in First Trust Large Cap Core AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 15 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 47
7% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 15
2% more capital invested
Capital invested by funds: $783M → $802M (+$19.2M)
0.12% more ownership
Funds ownership: 55.85% → 55.97% (+0.12%)
2% less funds holding
Funds holding: 145 → 142 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.9M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$11.8M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.33M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$2.92M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHB
First Hawaiian Bank
Honolulu,
Hawaii
|
-$15.2M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$10.1M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$7.93M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$6.25M |
| 5 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$4.79M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CAM
151
Cresset Asset Management
Chicago,
Illinois
| – | -$116K | -1,956 | Closed |
|
|
PFPT
152
Pinnacle Financial Partners (Tennessee)
Nashville,
Tennessee
| – | -$42K | -700 | Closed |
|
|
PWM
153
PRW Wealth Management
Quincy,
Massachusetts
| – | -$33K | -560 | Closed |
|
|
NWM
154
Northwest Wealth Management
Spencer,
Iowa
| – | -$29K | -479 | Closed |
|
|
WEC
155
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$26K | -426 | Closed |
|
156
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$11K | -193 | Closed |
|
|
RCAG
157
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$8.33K | -140 | Closed |
|
FEX Hedge Fund Activity: Q2 2019 in Review
142 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2019, worth a combined $802M — up 2.5% from $783M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FEX positions and 15 closed out — a net gain of 1 holder — while 53 added to existing stakes and 47 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $31.9M. The largest seller was First Hawaiian Bank, exiting entirely with an estimated $15.2M sold.
- 142 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2019, down from 145 in Q1 2019.
- Funds reported $802M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2019, up 2.5% quarter-over-quarter.
- 16 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2019 and 15 closed out, a net change of +1 holder.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2019 was Morgan Stanley, an estimated $31.9M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2019 was First Hawaiian Bank, an estimated $15.2M sold.
Based on aggregated 13F filings for Q2 2019.