First Trust Large Cap Core AlphaDEX Fund
136 hedge funds and large institutions have $948M invested in First Trust Large Cap Core AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 43 increasing their positions, 58 reducing their positions, and 9 closing their positions.
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
17% more capital invested
Capital invested by funds: $808M → $948M (+$140M)
2% more funds holding
Funds holding: 133 → 136 (+3)
0.17% more ownership
Funds ownership: 57.12% → 57.29% (+0.17%)
26% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 58
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHB
First Hawaiian Bank
Honolulu,
Hawaii
|
+$16.1M |
| 2 |
Morgan Stanley
New York
|
+$10.9M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$9.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.33M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$16M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$11.6M |
| 3 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$4.14M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.14M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.53M |
FEX Hedge Fund Activity: Q3 2018 in Review
136 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2018, worth a combined $948M — up 17% from $808M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FEX positions and 9 closed out — a net gain of 3 holders — while 43 added to existing stakes and 58 trimmed.
The largest buyer was First Hawaiian Bank, opening a new position worth an estimated $16.1M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $16M sold.
- 136 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2018, up from 133 in Q2 2018.
- Funds reported $948M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2018, up 17% quarter-over-quarter.
- 12 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2018 and 9 closed out, a net change of +3 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2018 was First Hawaiian Bank, an estimated $16.1M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2018 was Envestnet Asset Management, an estimated $16M sold.
Based on aggregated 13F filings for Q3 2018.