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First Trust Large Cap Core AlphaDEX Fund

112 hedge funds and large institutions have $1.1B invested in First Trust Large Cap Core AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 39 increasing their positions, 39 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 8

20% more funds holding in top 10

Funds holding in top 10: 56 (+1)

12% more capital invested

Capital invested by funds: $980M → $1.1B (+$120M)

10% more funds holding

Funds holding: 102112 (+10)

9.47% more ownership

Funds ownership: 58.46%67.92% (+9.5%)

0% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 39

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2K

Holders
112
Holders Change
+10
Holders Change %
+9.8%
% of All Funds
2.94%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.16%
New
20
Increased
39
Reduced
39
Closed
8
Calls
Puts
$2K
Net Calls
-$2K
Net Calls Change
+$3K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$174M +$3M +68,266 +2%
LPL Financial
2
LPL Financial
California
$140M +$64.6M +1,470,128 +82%
Morgan Stanley
3
Morgan Stanley
New York
$117M -$3.52M -80,113 -3%
AIM
4
Astor Investment Management
Illinois
$71.1M -$4.64M -105,633 -6%
Bank of America
5
Bank of America
North Carolina
$65.5M -$1.83M -41,688 -3%
UBS Group
6
UBS Group
Switzerland
$61.8M -$1.12M -25,374 -2%
ACM
7
Aviance Capital Management
Florida
$42.4M +$2.83M +64,381 +7%
RJFSA
8
Raymond James Financial Services Advisors
Florida
$38.6M +$7.6M +172,923 +24%
AGA
9
Accuvest Global Advisors
Utah
$37.5M -$3.34M -75,860 -8%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$30.5M +$2.41M +54,892 +8%
HI
11
Horizon Investments
North Carolina
$25.3M +$626K +14,244 +2%
Ameriprise
12
Ameriprise
Minnesota
$23.9M -$239K -5,444 -1%
RJA
13
Raymond James & Associates
Florida
$21.3M +$793K +18,031 +4%
WP
14
WealthPLAN Partners
Nebraska
$21.3M +$56.4M +1,283,272 New
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$20.8M -$70.9K -1,613 -0.3%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$20.5M +$554K +12,596 +3%
AW
17
ACG Wealth
Georgia
$19.5M +$813K +18,485 +4%
SFWA
18
Summit Financial Wealth Advisors
Louisiana
$10.8M -$1.29M -29,266 -10%
Stifel Financial
19
Stifel Financial
Missouri
$8.23M +$376K +8,548 +5%
CS
20
Credit Suisse
Switzerland
$7.96M +$5.07M +115,242 +168%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$7.9M -$644K -14,638 -7%
FFS
22
Founders Financial Securities
Maryland
$7M -$326K -7,414 -4%
BTS
23
BB&T Securities
Virginia
$5.98M -$8.99M -204,406 -60%
HFS
24
HL Financial Services
Kentucky
$5.92M +$403K +9,166 +7%
FAAS
25
First Allied Advisory Services
California
$5.63M -$3.11M -70,661 -35%

FEX Hedge Fund Activity: Q4 2015 in Review

112 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2015, worth a combined $1.1B — up 12% from $980M a quarter earlier.

Buyers outnumbered sellers: 20 funds opened new FEX positions and 8 closed out — a net gain of 12 holders — while 39 added to existing stakes and 39 trimmed.

The largest buyer was LPL Financial, adding an estimated $64.6M. The largest seller was BB&T Securities, cutting an estimated $8.99M.

  • 112 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2015, up from 102 in Q3 2015.
  • Funds reported $1.1B of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2015, up 12% quarter-over-quarter.
  • 20 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2015 and 8 closed out, a net change of +12 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2015 was LPL Financial, an estimated $64.6M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2015 was BB&T Securities, an estimated $8.99M sold.

Based on aggregated 13F filings for Q4 2015.