First Trust Large Cap Core AlphaDEX Fund
FEX
139 hedge funds and large institutions have $712M invested in First Trust Large Cap Core AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 41 increasing their positions, 62 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 142 → 139 (-3)
2.33% less ownership
Funds ownership: 55.97% → 53.63% (-2.3%)
11% less capital invested
Capital invested by funds: $802M → $712M (-$90.4M)
27% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 11
34% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 62
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.81M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$823K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$578K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$498K |
| 5 |
JP Morgan Chase
New York
|
+$490K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$46.6M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.24M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.06M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.9M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.64M |
FEX Hedge Fund Activity: Q3 2019 in Review
139 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q3 2019, worth a combined $712M — down 11% from $802M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FEX and 8 opened new positions — a net loss of 3 holders — while 62 trimmed existing stakes and 41 added.
The largest buyer was Citadel Advisors, adding an estimated $1.81M. The largest seller was Morgan Stanley, cutting an estimated $46.6M.
- 139 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q3 2019, down from 142 in Q2 2019.
- Funds reported $712M of First Trust Large Cap Core AlphaDEX Fund stock for Q3 2019, down 11% quarter-over-quarter.
- 8 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q3 2019 and 11 closed out, a net change of -3 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q3 2019 was Citadel Advisors, an estimated $1.81M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q3 2019 was Morgan Stanley, an estimated $46.6M sold.
Based on aggregated 13F filings for Q3 2019.