First Trust Large Cap Core AlphaDEX Fund
101 hedge funds and large institutions have $1.01B invested in First Trust Large Cap Core AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 31 increasing their positions, 49 reducing their positions, and 20 closing their positions.
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
2.3% less ownership
Funds ownership: 67.92% → 65.62% (-2.3%)
8% less capital invested
Capital invested by funds: $1.1B → $1.01B (-$89M)
10% less funds holding
Funds holding: 112 → 101 (-11)
37% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 49
50% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$51M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$32.2M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$9.64M |
| 4 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$2.36M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$1.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$30.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$26.7M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$22M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$19.6M |
| 5 |
LPL Financial
San Diego,
California
|
-$15.3M |
FEX Hedge Fund Activity: Q1 2016 in Review
101 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2016, worth a combined $1.01B — down 8.1% from $1.1B a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FEX and 10 opened new positions — a net loss of 10 holders — while 49 trimmed existing stakes and 31 added.
The largest buyer was Hays Advisory, opening a new position worth an estimated $51M. The largest seller was Morgan Stanley, cutting an estimated $30.3M.
- 101 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2016, down from 112 in Q4 2015.
- Funds reported $1.01B of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2016, down 8.1% quarter-over-quarter.
- 10 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2016 and 20 closed out, a net change of -10 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2016 was Hays Advisory, an estimated $51M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $30.3M sold.
Based on aggregated 13F filings for Q1 2016.