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First Trust Large Cap Core AlphaDEX Fund

157 hedge funds and large institutions have $763M invested in First Trust Large Cap Core AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 41 increasing their positions, 66 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

263% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 8

13% more funds holding

Funds holding: 139157 (+18)

7% more capital invested

Capital invested by funds: $712M → $763M (+$50.8M)

1.05% more ownership

Funds ownership: 53.63%54.69% (+1.1%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

38% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 66

Holders
157
Holders Change
+18
Holders Change %
+12.95%
% of All Funds
3.09%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
29
Increased
41
Reduced
66
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$120M +$9.53M +152,273 +9%
LPL Financial
2
LPL Financial
California
$83.7M -$4.17M -66,565 -5%
UBS Group
3
UBS Group
Switzerland
$80M +$1.82M +29,019 +2%
Bank of America
4
Bank of America
North Carolina
$52.8M -$4.95M -79,016 -9%
Wells Fargo
5
Wells Fargo
California
$35.8M -$180K -2,870 -0.5%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$31.6M +$641K +10,242 +2%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$29M -$368K -5,884 -1%
RJA
8
Raymond James & Associates
Florida
$28M -$1.71M -27,336 -6%
AG
9
Advisor Group
Arizona
$27.8M -$707K -11,295 -3%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$23.9M -$4.35M -69,497 -16%
Truist Financial
11
Truist Financial
North Carolina
$21.4M +$20.5M +327,300 New
MML Investors Services
12
MML Investors Services
Massachusetts
$14.6M -$1.98M -31,598 -12%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$14.1M -$316K -5,045 -2%
CS
14
Credit Suisse
Switzerland
$13.1M +$9.22M +147,212 +275%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$12.2M -$2.66M -42,433 -18%
BA
16
Ballew Advisors
Mississippi
$8.24M -$712K -11,373 -8%
BS
17
Banco Santander
Spain
$7.57M -$830K -13,252 -10%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$7.55M -$7.76M -123,951 -52%
KWM
19
Keebeck Wealth Management
Illinois
$7.48M +$7.18M +114,660 New
HSA
20
HBK Sorce Advisory
Pennsylvania
$5.89M -$4.86M -77,579 -46%
CWS
21
Cypress Wealth Services
California
$5.8M +$243K +3,880 +5%
Envestnet Asset Management
22
Envestnet Asset Management
Illinois
$5.28M +$245K +3,918 +5%
AW
23
ACG Wealth
Georgia
$5.26M -$1.01M -16,111 -17%
PAG
24
Private Advisor Group
New Jersey
$4.95M +$447K +7,137 +10%
Stifel Financial
25
Stifel Financial
Missouri
$4.88M +$2.82M +44,995 +152%

FEX Hedge Fund Activity: Q4 2019 in Review

157 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2019, worth a combined $763M — up 7.1% from $712M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new FEX positions and 8 closed out — a net gain of 21 holders — while 41 added to existing stakes and 66 trimmed.

The largest buyer was Truist Financial, opening a new position worth an estimated $20.5M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $7.76M.

  • 157 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2019, up from 139 in Q3 2019.
  • Funds reported $763M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2019, up 7.1% quarter-over-quarter.
  • 29 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2019 and 8 closed out, a net change of +21 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2019 was Truist Financial, an estimated $20.5M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2019 was Cambridge Investment Research Advisors, an estimated $7.76M sold.

Based on aggregated 13F filings for Q4 2019.