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First Trust Large Cap Core AlphaDEX Fund

133 hedge funds and large institutions have $455M invested in First Trust Large Cap Core AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 78 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% less capital invested

Capital invested by funds: $465M → $455M (-$10.8M)

2% less funds holding

Funds holding: 136133 (-3)

3.58% less ownership

Funds ownership: 52.78%49.19% (-3.6%)

11% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 19

73% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 78

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $234K

Holders
133
Holders Change
-3
Holders Change %
-2.21%
% of All Funds
2.73%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
21
Reduced
78
Closed
19
Calls
Puts
$234K
Net Calls
-$234K
Net Calls Change
+$81K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$89.1M -$19.8M -355,637 -19%
LPL Financial
2
LPL Financial
California
$58.4M -$11.7M -210,827 -18%
Wells Fargo
3
Wells Fargo
California
$28.1M +$3.79M +68,257 +17%
UBS Group
4
UBS Group
Switzerland
$27.6M -$12.7M -228,035 -33%
Bank of America
5
Bank of America
North Carolina
$25.3M -$19.7M -354,633 -45%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$23.7M -$839K -15,094 -4%
Osaic Holdings
7
Osaic Holdings
Arizona
$18.9M -$2.41M -43,328 -12%
RJA
8
Raymond James & Associates
Florida
$16M -$8.58M -154,282 -37%
Truist Financial
9
Truist Financial
North Carolina
$14.7M -$1.56M -28,111 -10%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$13.1M -$1.43M -25,704 -10%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$11.2M -$285K -5,120 -3%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$8.9M +$1.66M +29,939 +25%
FWM
13
Frontier Wealth Management
Missouri
$7.83M +$9.12K +164 +0.1%
HSA
14
HBK Sorce Advisory
Pennsylvania
$7.45M +$1.89M +33,978 +37%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$6.15M -$10.3M -185,691 -64%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$4.59M -$224K -4,022 -5%
US Bancorp
17
US Bancorp
Minnesota
$3.99M +$165K +2,969 +5%
PAG
18
Private Advisor Group
New Jersey
$3.88M -$136K -2,454 -4%
CS
19
Credit Suisse
Switzerland
$3.69M -$893K -16,069 -21%
GVAG
20
Great Valley Advisor Group
Delaware
$3.67M +$3.42M +61,601 New
CWS
21
Cypress Wealth Services
California
$3.6M -$119K -2,145 -3%
Cetera Investment Advisers
22
Cetera Investment Advisers
Illinois
$3.44M -$204K -3,670 -6%
MML Investors Services
23
MML Investors Services
Massachusetts
$3.1M -$6.16M -110,903 -68%
Thrivent Financial for Lutherans
24
Thrivent Financial for Lutherans
Minnesota
$2.88M
Rockefeller Capital Management
25
Rockefeller Capital Management
New York
$2.38M +$2.22M +40,009 New

FEX Hedge Fund Activity: Q2 2020 in Review

133 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2020, worth a combined $455M — down 2.3% from $465M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of FEX and 17 opened new positions — a net loss of 2 holders — while 78 trimmed existing stakes and 21 added.

The largest buyer was Wells Fargo, adding an estimated $3.79M. The largest seller was Morgan Stanley, cutting an estimated $19.8M.

  • 133 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2020, down from 136 in Q1 2020.
  • Funds reported $455M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2020, down 2.3% quarter-over-quarter.
  • 17 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2020 and 19 closed out, a net change of -2 holders.
  • The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2020 was Wells Fargo, an estimated $3.79M added.
  • The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2020 was Morgan Stanley, an estimated $19.8M sold.

Based on aggregated 13F filings for Q2 2020.