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.
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: 7 → 8 (+1)
7% more funds holding
Funds holding: 101 → 108 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$4.96M |
| 2 |
Jane Street
New York
|
+$4.31M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.33M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.63M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$2.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$67.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$33.2M |
| 3 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$28.1M |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$19.4M |
| 5 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
-$18.7M |
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.