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First Trust Large Cap Core AlphaDEX Fund

108 hedge funds and large institutions have $857M invested in First Trust Large Cap Core AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 48 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 7

14% more funds holding in top 10

Funds holding in top 10: 78 (+1)

7% more funds holding

Funds holding: 101108 (+7)

11.21% less ownership

Funds ownership: 65.62%54.41% (-11%)

15% less capital invested

Capital invested by funds: $1.01B → $857M (-$154M)

25% less repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 48

Holders
108
Holders Change
+7
Holders Change %
+6.93%
% of All Funds
2.88%
Holding in Top 10
8
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+14.29%
% of All Funds
0.21%
New
14
Increased
36
Reduced
48
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$119M -$33.2M -745,080 -22%
Morgan Stanley
2
Morgan Stanley
New York
$89.5M +$808K +18,120 +0.9%
LPL Financial
3
LPL Financial
California
$61.3M -$67.9M -1,524,063 -53%
AIM
4
Astor Investment Management
Illinois
$57M -$4.54M -101,984 -7%
Bank of America
5
Bank of America
North Carolina
$53.2M -$2.16M -48,517 -4%
ACM
6
Aviance Capital Management
Florida
$36.7M -$448K -10,049 -1%
UBS Group
7
UBS Group
Switzerland
$34.8M -$5.67M -127,232 -14%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$31.3M +$1.45M +32,440 +5%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$28.6M +$655K +14,706 +2%
HI
10
Horizon Investments
North Carolina
$27.3M +$2.54M +57,044 +10%
HA
11
Hays Advisory
Tennessee
$26.7M -$28.1M -631,272 -52%
AGA
12
Accuvest Global Advisors
Utah
$22.7M -$18.7M -419,295 -45%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$21M -$880K -19,738 -4%
RJA
14
Raymond James & Associates
Florida
$20.3M -$485K -10,882 -2%
AW
15
ACG Wealth
Georgia
$18.8M -$663K -14,884 -3%
WP
16
WealthPLAN Partners
Nebraska
$16.1M +$32M +718,816 New
SAM
17
Shamrock Asset Management
Texas
$15.3M -$19.4M -434,257 -56%
Baird Financial Group
18
Baird Financial Group
Wisconsin
$10M +$4.96M +111,217 +100%
Stifel Financial
19
Stifel Financial
Missouri
$8.92M -$1.69M -37,850 -16%
SFWA
20
Summit Financial Wealth Advisors
Louisiana
$8.4M -$2.55M -57,129 -23%
FFS
21
Founders Financial Securities
Maryland
$7.61M +$770K +17,284 +11%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$7.57M +$745K +16,711 +11%
HFS
23
HL Financial Services
Kentucky
$6.18M +$30.5K +685 +0.5%
BTS
24
BB&T Securities
Virginia
$5.63M -$91.4K -2,052 -2%
AG
25
Advisor Group
Arizona
$5.51M +$5.46M +122,441 New

FEX Hedge Fund Activity: Q2 2016 in Review

108 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2016, worth a combined $857M — down 15% from $1.01B a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FEX positions and 7 closed out — a net gain of 7 holders — while 36 added to existing stakes and 48 trimmed.

The largest buyer was Baird Financial Group, adding an estimated $4.96M. The largest seller was LPL Financial, cutting an estimated $67.9M.

  • 108 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2016, up from 101 in Q1 2016.
  • Funds reported $857M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2016, down 15% quarter-over-quarter.
  • 14 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2016 and 7 closed out, a net change of +7 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2016 was Baird Financial Group, an estimated $4.96M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $67.9M sold.

Based on aggregated 13F filings for Q2 2016.