First Trust Large Cap Core AlphaDEX Fund
154 hedge funds and large institutions have $560M invested in First Trust Large Cap Core AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 36 increasing their positions, 68 reducing their positions, and 7 closing their positions.
171% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 7
6% more funds holding
Funds holding: 145 → 154 (+9)
5% more capital invested
Capital invested by funds: $532M → $560M (+$28.5M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.78% less ownership
Funds ownership: 52.28% → 50.5% (-1.8%)
47% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$7.78M |
| 2 |
UWM
USAdvisors Wealth Management
Eden Prairie,
Minnesota
|
+$6.86M |
| 3 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$6.36M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.92M |
| 5 |
Morgan Stanley
New York
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FWM
Frontier Wealth Management
Kansas City,
Missouri
|
-$6.74M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$6.56M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.97M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.51M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$4.21M |
FEX Hedge Fund Activity: Q1 2021 in Review
154 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2021, worth a combined $560M — up 5.4% from $532M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEX positions and 7 closed out — a net gain of 12 holders — while 36 added to existing stakes and 68 trimmed.
The largest buyer was Sigma Planning Corp, adding an estimated $7.78M. The largest seller was Frontier Wealth Management, cutting an estimated $6.74M.
- 154 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2021, up from 145 in Q4 2020.
- Funds reported $560M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2021, up 5.4% quarter-over-quarter.
- 19 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2021 and 7 closed out, a net change of +12 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2021 was Sigma Planning Corp, an estimated $7.78M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2021 was Frontier Wealth Management, an estimated $6.74M sold.
Based on aggregated 13F filings for Q1 2021.