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First Trust Large Cap Core AlphaDEX Fund

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.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less funds holding

Funds holding: 142139 (-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

Holders
139
Holders Change
-3
Holders Change %
-2.11%
% of All Funds
3.05%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
8
Increased
41
Reduced
62
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$103M -$46.6M -763,845 -31%
LPL Financial
2
LPL Financial
California
$82.2M -$3.9M -63,892 -5%
UBS Group
3
UBS Group
Switzerland
$72.9M -$2.26M -37,085 -3%
Bank of America
4
Bank of America
North Carolina
$54.1M -$1.31M -21,474 -2%
Wells Fargo
5
Wells Fargo
California
$33.6M -$6.06M -99,397 -15%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$28.9M +$447K +7,330 +2%
RJA
7
Raymond James & Associates
Florida
$27.8M +$69K +1,131 +0.2%
Baird Financial Group
8
Baird Financial Group
Wisconsin
$27.5M +$355K +5,813 +1%
AG
9
Advisor Group
Arizona
$26.6M +$81.2K +1,332 +0.3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$26.6M +$498K +8,172 +2%
MML Investors Services
11
MML Investors Services
Massachusetts
$15.6M -$3.64M -59,635 -19%
SB
12
Suntrust Banks
Georgia
$15M -$1.18M -19,405 -7%
Cambridge Investment Research Advisors
13
Cambridge Investment Research Advisors
Iowa
$14.6M -$1.02M -16,742 -7%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$14M +$578K +9,485 +4%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$13.4M -$2.99M -49,039 -18%
HSA
16
HBK Sorce Advisory
Pennsylvania
$10.2M -$87.3K -1,431 -0.8%
BA
17
Ballew Advisors
Mississippi
$8.01M -$968K -15,865 -10%
BS
18
Banco Santander
Spain
$7.87M -$372K -6,094 -5%
AW
19
ACG Wealth
Georgia
$5.89M -$2.26M -37,071 -28%
CWS
20
Cypress Wealth Services
California
$5.18M +$39.9K +655 +0.8%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$4.93M -$721K -11,830 -13%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$4.69M -$286K -4,682 -6%
BTS
23
BB&T Securities
Virginia
$4.68M -$65.5K -1,074 -1%
PAG
24
Private Advisor Group
New Jersey
$4.18M -$90.9K -1,491 -2%
US Bancorp
25
US Bancorp
Minnesota
$3.91M -$2.81M -46,046 -42%

FEX Hedge Fund Activity: Q3 2019 in Review

139 of the 4,560 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.