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First Trust Large Cap Core AlphaDEX Fund

124 hedge funds and large institutions have $845M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 46 increasing their positions, 45 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 4

16% more funds holding

Funds holding: 107124 (+17)

15% more capital invested

Capital invested by funds: $734M → $845M (+$111M)

4.59% more ownership

Funds ownership: 51.53%56.12% (+4.6%)

2% more repeat investments, than reductions

Existing positions increased: 46 | Existing positions reduced: 45

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

Holders
124
Holders Change
+17
Holders Change %
+15.89%
% of All Funds
3.09%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.12%
New
22
Increased
46
Reduced
45
Closed
4
Calls
$9.63M
Puts
Net Calls
+$9.63M
Net Calls Change
+$9.63M
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$129M -$4.21M -82,870 -3%
Morgan Stanley
2
Morgan Stanley
New York
$122M +$19.6M +385,495 +19%
LPL Financial
3
LPL Financial
California
$78.2M +$8.59M +169,035 +12%
AIM
4
Astor Investment Management
Illinois
$56.2M -$1.55M -30,560 -3%
UBS Group
5
UBS Group
Switzerland
$49.4M +$6.24M +122,850 +15%
Bank of America
6
Bank of America
North Carolina
$46.4M -$9.05M -177,946 -17%
GFPC
7
Global Financial Private Capital
Florida
$43.2M +$42.6M +837,163 New
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$22.2M +$242K +4,767 +1%
RJA
9
Raymond James & Associates
Florida
$20.9M -$1.59M -31,313 -7%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$18.7M +$3.48M +68,500 +23%
MML Investors Services
11
MML Investors Services
Massachusetts
$18.6M +$18.4M +361,005 New
AW
12
ACG Wealth
Georgia
$16.6M -$3.21M -63,190 -16%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$12.5M +$357K +7,014 +3%
SB
14
Suntrust Banks
Georgia
$11.2M +$11M +216,266 New
Baird Financial Group
15
Baird Financial Group
Wisconsin
$9.88M +$583K +11,465 +6%
AG
16
Advisor Group
Arizona
$8.85M +$1.01M +19,783 +13%
BS
17
Banco Santander
Spain
$8.81M +$2.93M +57,611 +51%
HFS
18
HL Financial Services
Kentucky
$7.15M -$18.1K -356 -0.3%
SAM
19
Shamrock Asset Management
Texas
$6.99M +$6.88M +135,407 New
MIAN
20
Mariner Independent Advisor Network
Kansas
$6.92M +$5.74M +112,980 +537%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$6.79M +$319K +6,277 +5%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$6.75M -$1,000K -19,666 -13%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$6.59M -$10.7K -211 -0.2%
AWM
24
AE Wealth Management
Kansas
$6.34M +$1.43M +28,144 +30%
Stifel Financial
25
Stifel Financial
Missouri
$5.94M +$1.63M +32,005 +39%

FEX Hedge Fund Activity: Q1 2017 in Review

124 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2017, worth a combined $845M — up 15% from $734M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new FEX positions and 4 closed out — a net gain of 18 holders — while 46 added to existing stakes and 45 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $19.6M. The largest seller was Accuvest Global Advisors, exiting entirely with an estimated $9.9M sold.

  • 124 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2017, up from 107 in Q4 2016.
  • Funds reported $845M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2017, up 15% quarter-over-quarter.
  • 22 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2017 and 4 closed out, a net change of +18 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2017 was Morgan Stanley, an estimated $19.6M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2017 was Accuvest Global Advisors, an estimated $9.9M sold.

Based on aggregated 13F filings for Q1 2017.