First Trust Large Cap Core AlphaDEX Fund
71 hedge funds and large institutions have $623M invested in First Trust Large Cap Core AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 11 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
245% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 11
29% more capital invested
Capital invested by funds: $483M → $623M (+$140M)
18% more funds holding
Funds holding: 60 → 71 (+11)
3.4% more ownership
Funds ownership: 52.36% → 55.76% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$26.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$23.4M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$17.7M |
| 4 |
LPL Financial
San Diego,
California
|
+$8.25M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$7.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AW
ACG Wealth
Atlanta,
Georgia
|
-$5.63M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.41M |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$603K |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$497K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$428K |
FEX Hedge Fund Activity: Q2 2014 in Review
71 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2014, worth a combined $623M — up 29% from $483M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEX positions and 4 closed out — a net gain of 11 holders — while 38 added to existing stakes and 11 trimmed.
The largest buyer was Astor Investment Management, adding an estimated $26.3M. The largest seller was ACG Wealth, cutting an estimated $5.63M.
- 71 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2014, up from 60 in Q1 2014.
- Funds reported $623M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2014, up 29% quarter-over-quarter.
- 15 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2014 and 4 closed out, a net change of +11 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2014 was Astor Investment Management, an estimated $26.3M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2014 was ACG Wealth, an estimated $5.63M sold.
Based on aggregated 13F filings for Q2 2014.