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First Trust Large Cap Core AlphaDEX Fund

91 hedge funds and large institutions have $1.03B invested in First Trust Large Cap Core AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 14 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

283% more first-time investments, than exits

New positions opened: 23 | Existing positions closed: 6

214% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 14

34% more capital invested

Capital invested by funds: $771M → $1.03B (+$261M)

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

20% more funds holding

Funds holding: 7691 (+15)

2.75% more ownership

Funds ownership: 56.87%59.61% (+2.7%)

Holders
91
Holders Change
+15
Holders Change %
+19.74%
% of All Funds
2.43%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.13%
New
23
Increased
44
Reduced
14
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$153M +$25.5M +575,962 +21%
Morgan Stanley
2
Morgan Stanley
New York
$152M +$38.2M +862,995 +35%
UBS Group
3
UBS Group
Switzerland
$102M +$99.3M +2,241,645 New
BTS
4
BB&T Securities
Virginia
$94.8M +$6.15M +138,809 +201%
LPL Financial
5
LPL Financial
California
$73M +$7.6M +171,742 +12%
Bank of America
6
Bank of America
North Carolina
$72.9M +$2.86M +64,634 +4%
AIM
7
Astor Investment Management
Illinois
$67M +$6.07M +137,045 +10%
AGA
8
Accuvest Global Advisors
Utah
$41.1M +$26.5M +598,860 +198%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$27.5M +$2.49M +56,329 +10%
AIA
10
Arrow Investment Advisors
Maryland
$22M +$324K +7,316 +2%
RJA
11
Raymond James & Associates
Florida
$19.7M +$3.1M +69,917 +19%
AW
12
ACG Wealth
Georgia
$19M +$1.12M +25,209 +6%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$18.8M +$417K +9,425 +2%
FAAS
14
First Allied Advisory Services
California
$11M +$931K +21,037 +10%
AIG
15
American International Group
New York
$9.73M +$6.1M +137,742 +183%
DWA
16
Dorsey Wright & Associates
California
$8.97M -$21.2M -479,862 -71%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$7.73M -$7.92M -178,816 -51%
ACM
18
Aviance Capital Management
Florida
$7.33M +$3.26M +73,703 +85%
Goldman Sachs
19
Goldman Sachs
New York
$7.25M +$6.21M +140,350 +759%
PI
20
Placemark Investments
Illinois
$6.93M +$1.54M +34,861 +30%
Ameriprise
21
Ameriprise
Minnesota
$6.92M +$2.88M +65,014 +75%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$6.71M +$121K +2,739 +2%
B
23
Baird
Wisconsin
$6.46M +$607K +13,712 +11%
CA
24
Cetera Advisors
Colorado
$5.39M +$734K +16,568 +16%
HFS
25
HL Financial Services
Kentucky
$5.3M -$52.4K -1,184 -1%

FEX Hedge Fund Activity: Q4 2014 in Review

91 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2014, worth a combined $1.03B — up 34% from $771M a quarter earlier.

Buyers outnumbered sellers: 23 funds opened new FEX positions and 6 closed out — a net gain of 17 holders — while 44 added to existing stakes and 14 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $38.2M. The largest seller was Dorsey Wright & Associates, cutting an estimated $21.2M.

  • 91 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2014, up from 76 in Q3 2014.
  • Funds reported $1.03B of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2014, up 34% quarter-over-quarter.
  • 23 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2014 and 6 closed out, a net change of +17 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2014 was Morgan Stanley, an estimated $38.2M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2014 was Dorsey Wright & Associates, an estimated $21.2M sold.

Based on aggregated 13F filings for Q4 2014.