First Trust Large Cap Core AlphaDEX Fund
FEX
136 hedge funds and large institutions have $464M invested in First Trust Large Cap Core AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 30 increasing their positions, 76 reducing their positions, and 33 closing their positions.
2.01% less ownership
Funds ownership: 54.69% → 52.68% (-2%)
13% less funds holding
Funds holding: 157 → 136 (-21)
39% less capital invested
Capital invested by funds: $763M → $464M (-$299M)
55% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 33
61% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 76
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $315K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
+$5.42M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.37M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.81M |
| 4 |
Jane Street
New York
|
+$2.15M |
| 5 |
PWA
Peterson Wealth Advisors
Orem,
Utah
|
+$918K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$32.1M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$9.35M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.72M |
| 4 |
KWM
Keebeck Wealth Management
Chicago,
Illinois
|
-$7.48M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$7.35M |
FEX Hedge Fund Activity: Q1 2020 in Review
136 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2020, worth a combined $464M — down 39% from $763M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of FEX and 15 opened new positions — a net loss of 18 holders — while 76 trimmed existing stakes and 30 added.
The largest buyer was Frontier Wealth Management, adding an estimated $5.42M. The largest seller was UBS Group, cutting an estimated $32.1M.
- 136 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2020, down from 157 in Q4 2019.
- Funds reported $464M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2020, down 39% quarter-over-quarter.
- 15 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2020 and 33 closed out, a net change of -18 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2020 was Frontier Wealth Management, an estimated $5.42M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2020 was UBS Group, an estimated $32.1M sold.
Based on aggregated 13F filings for Q1 2020.