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First Trust Large Cap Core AlphaDEX Fund

129 hedge funds and large institutions have $870M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 50 increasing their positions, 48 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more funds holding in top 10

Funds holding in top 10: 58 (+3)

46% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 13

4% more funds holding

Funds holding: 124129 (+5)

4% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 48

3% more capital invested

Capital invested by funds: $845M → $870M (+$24.3M)

0.22% more ownership

Funds ownership: 56.12%56.33% (+0.22%)

Holders
129
Holders Change
+5
Holders Change %
+4.03%
% of All Funds
3.22%
Holding in Top 10
8
Holding in Top 10 Change
+3
Holding in Top 10 Change %
+60%
% of All Funds
0.2%
New
19
Increased
50
Reduced
48
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$123M -$9.84M -187,833 -8%
Morgan Stanley
2
Morgan Stanley
New York
$112M -$13.9M -265,396 -11%
LPL Financial
3
LPL Financial
California
$80.8M -$98.9K -1,889 -0.1%
UBS Group
4
UBS Group
Switzerland
$54.2M +$3.3M +63,100 +7%
Bank of America
5
Bank of America
North Carolina
$43.1M -$4.56M -87,085 -10%
AIM
6
Astor Investment Management
Illinois
$32.6M -$24.8M -473,241 -44%
GFPC
7
Global Financial Private Capital
Florida
$22.9M -$21.3M -405,761 -48%
RJA
8
Raymond James & Associates
Florida
$21.8M +$212K +4,051 +1%
AG
9
Advisor Group
Arizona
$21.6M +$12.3M +234,722 +137%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$21.5M +$2.2M +42,064 +12%
Envestnet Asset Management
11
Envestnet Asset Management
Illinois
$21.1M -$1.73M -33,007 -8%
AIA
12
Arrow Investment Advisors
Maryland
$19.9M +$19.6M +373,938 New
MML Investors Services
13
MML Investors Services
Massachusetts
$19.6M +$444K +8,468 +2%
AW
14
ACG Wealth
Georgia
$15.4M -$1.65M -31,565 -10%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$12.8M -$70.6K -1,348 -0.6%
SB
16
Suntrust Banks
Georgia
$12.2M +$674K +12,874 +6%
WP
17
WealthPLAN Partners
Nebraska
$11.7M +$9.93M +189,640 +634%
HA
18
Hays Advisory
Tennessee
$11M +$10.9M +207,610 New
HSA
19
HBK Sorce Advisory
Pennsylvania
$11M +$10.8M +206,572 New
Baird Financial Group
20
Baird Financial Group
Wisconsin
$10.3M +$173K +3,310 +2%
BS
21
Banco Santander
Spain
$9.47M +$664K +12,675 +7%
HFS
22
HL Financial Services
Kentucky
$8.99M +$1.6M +30,570 +22%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$8.71M +$1.69M +32,323 +25%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$7.53M +$731K +13,960 +11%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$7.41M +$455K +8,693 +7%

FEX Hedge Fund Activity: Q2 2017 in Review

129 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2017, worth a combined $870M — up 2.9% from $845M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FEX positions and 13 closed out — a net gain of 6 holders — while 50 added to existing stakes and 48 trimmed.

The largest buyer was Arrow Investment Advisors, opening a new position worth an estimated $19.6M. The largest seller was Astor Investment Management, cutting an estimated $24.8M.

  • 129 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2017, up from 124 in Q1 2017.
  • Funds reported $870M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2017, up 2.9% quarter-over-quarter.
  • 19 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2017 and 13 closed out, a net change of +6 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2017 was Arrow Investment Advisors, an estimated $19.6M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2017 was Astor Investment Management, an estimated $24.8M sold.

Based on aggregated 13F filings for Q2 2017.