First Trust Large Cap Core AlphaDEX Fund
135 hedge funds and large institutions have $934M 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, 57 reducing their positions, and 9 closing their positions.
48% more capital inflows, than outflows
Capital inflows: $78.1M | Capital outflows: $52.7M
33% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 9
2% more funds holding
Funds holding: 132 → 135 (+3)
0.49% more ownership
Funds ownership: 53.85% → 54.34% (+0.49%)
25% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 57
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Hawaiian Bank
Honolulu,
Hawaii
|
+$16.1M |
| 2 |
Morgan Stanley
New York
|
+$10.9M |
| 3 |
BB&T Securities
Richmond,
Virginia
|
+$9.1M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$4.33M |
| 5 |
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$4.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$16M |
| 2 |
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$11.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.14M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.53M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$2M |
FEX Hedge Fund Activity: Q3 2018 in Review
135 of the 4,392 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 $934M — up 18% from $794M 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 57 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.
- 135 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2018, up from 132 in Q2 2018.
- Funds reported $934M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2018, up 18% 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.