First Trust Large Cap Core AlphaDEX Fund
178 hedge funds and large institutions have $644M invested in First Trust Large Cap Core AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 66 increasing their positions, 49 reducing their positions, and 12 closing their positions.
150% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 12
35% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 49
20% more capital invested
Capital invested by funds: $539M → $644M (+$106M)
9% more funds holding
Funds holding: 164 → 178 (+14)
3.16% more ownership
Funds ownership: 55.01% → 58.16% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$13.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$10.5M |
| 3 |
RA
RiverTree Advisors
Winter Park,
Florida
|
+$4.06M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.84M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.11M |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$1.66M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$1.48M |
| 4 |
Morgan Stanley
New York
|
-$1.02M |
| 5 |
Goldman Sachs
New York
|
-$946K |
FEX Hedge Fund Activity: Q4 2022 in Review
178 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2022, worth a combined $644M — up 20% from $539M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new FEX positions and 12 closed out — a net gain of 18 holders — while 66 added to existing stakes and 49 trimmed.
The largest buyer was HBK Sorce Advisory, adding an estimated $13.8M. The largest seller was Bank of America, cutting an estimated $2.11M.
- 178 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2022, up from 164 in Q3 2022.
- Funds reported $644M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2022, up 20% quarter-over-quarter.
- 30 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2022 and 12 closed out, a net change of +18 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2022 was HBK Sorce Advisory, an estimated $13.8M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2022 was Bank of America, an estimated $2.11M sold.
Based on aggregated 13F filings for Q4 2022.