First Trust Large Cap Core AlphaDEX Fund
123 hedge funds and large institutions have $848M invested in First Trust Large Cap Core AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 46 increasing their positions, 59 reducing their positions, and 10 closing their positions.
0.18% less ownership
Funds ownership: 56.33% → 56.16% (-0.18%)
3% less capital invested
Capital invested by funds: $870M → $848M (-$21.8M)
5% less funds holding
Funds holding: 129 → 123 (-6)
22% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 59
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$16.4M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$2.04M |
| 3 |
VF
Virtu Financial
New York
|
+$1.45M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$1.32M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$13.5M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$9.98M |
| 3 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$9.94M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$4.25M |
| 5 |
Morgan Stanley
New York
|
-$4.16M |
FEX Hedge Fund Activity: Q3 2017 in Review
123 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2017, worth a combined $848M — down 2.5% from $870M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FEX and 7 opened new positions — a net loss of 3 holders — while 59 trimmed existing stakes and 46 added.
The largest buyer was Bank of America, adding an estimated $16.4M. The largest seller was Wells Fargo, cutting an estimated $13.5M.
- 123 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2017, down from 129 in Q2 2017.
- Funds reported $848M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2017, down 2.5% quarter-over-quarter.
- 7 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2017 and 10 closed out, a net change of -3 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2017 was Bank of America, an estimated $16.4M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2017 was Wells Fargo, an estimated $13.5M sold.
Based on aggregated 13F filings for Q3 2017.