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First Trust Large Cap Core AlphaDEX Fund

142 hedge funds and large institutions have $802M invested in First Trust Large Cap Core AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 53 increasing their positions, 47 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more repeat investments, than reductions

Existing positions increased: 53 | Existing positions reduced: 47

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

2% more capital invested

Capital invested by funds: $783M → $802M (+$19.2M)

0.12% more ownership

Funds ownership: 55.85%55.97% (+0.12%)

2% less funds holding

Funds holding: 145142 (-3)

Holders
142
Holders Change
-3
Holders Change %
-2.07%
% of All Funds
3.08%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
16
Increased
53
Reduced
47
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$150M +$31.9M +531,072 +28%
LPL Financial
2
LPL Financial
California
$86.6M -$4.35M -72,251 -5%
UBS Group
3
UBS Group
Switzerland
$75.6M +$471K +7,832 +0.6%
Bank of America
4
Bank of America
North Carolina
$55.7M -$7.93M -131,748 -13%
Wells Fargo
5
Wells Fargo
California
$39.9M -$6.25M -103,912 -14%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$28.6M -$63.2K -1,050 -0.2%
RJA
7
Raymond James & Associates
Florida
$27.9M +$755K +12,543 +3%
Baird Financial Group
8
Baird Financial Group
Wisconsin
$27.3M +$11.8M +195,949 +79%
AG
9
Advisor Group
Arizona
$26.7M +$745K +12,379 +3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$26.2M -$1.4M -23,319 -5%
MML Investors Services
11
MML Investors Services
Massachusetts
$19.3M +$1.83M +30,390 +11%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$16.5M +$325K +5,406 +2%
SB
13
Suntrust Banks
Georgia
$16.3M +$206K +3,425 +1%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$15.7M -$10.1M -168,577 -40%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$13.5M +$1.7M +28,200 +15%
HSA
16
HBK Sorce Advisory
Pennsylvania
$10.4M -$245K -4,072 -2%
CS
17
Credit Suisse
Switzerland
$9.55M +$8.33M +138,425 +792%
BA
18
Ballew Advisors
Mississippi
$9.53M +$283K +4,708 +3%
BS
19
Banco Santander
Spain
$8.29M -$149K -2,469 -2%
AW
20
ACG Wealth
Georgia
$8.19M -$4.79M -79,607 -37%
US Bancorp
21
US Bancorp
Minnesota
$6.75M +$2.82M +46,808 +74%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$5.69M +$552K +9,176 +11%
CWS
23
Cypress Wealth Services
California
$5.17M +$271K +4,501 +6%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$5.01M +$95.2K +1,582 +2%
BTS
25
BB&T Securities
Virginia
$4.76M -$138K -2,291 -3%

FEX Hedge Fund Activity: Q2 2019 in Review

142 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2019, worth a combined $802M — up 2.5% from $783M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FEX positions and 15 closed out — a net gain of 1 holder — while 53 added to existing stakes and 47 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $31.9M. The largest seller was First Hawaiian Bank, exiting entirely with an estimated $15.2M sold.

  • 142 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2019, down from 145 in Q1 2019.
  • Funds reported $802M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2019, up 2.5% quarter-over-quarter.
  • 16 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2019 and 15 closed out, a net change of +1 holder.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2019 was Morgan Stanley, an estimated $31.9M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2019 was First Hawaiian Bank, an estimated $15.2M sold.

Based on aggregated 13F filings for Q2 2019.