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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.

New
Increased
Maintained
Reduced
Closed

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: 164178 (+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: 44 (0)

Holders
178
Holders Change
+14
Holders Change %
+8.54%
% of All Funds
2.86%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
30
Increased
66
Reduced
49
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$94.9M -$1.02M -12,756 -1%
LPL Financial
2
LPL Financial
California
$78.3M +$10.5M +132,074 +16%
Janney Montgomery Scott
3
Janney Montgomery Scott
Pennsylvania
$37.6M -$190K -2,380 -0.5%
GVAG
4
Great Valley Advisor Group
Delaware
$36.2M -$41.9K -525 -0.1%
Wells Fargo
5
Wells Fargo
California
$35.7M +$3.31M +41,469 +10%
HSA
6
HBK Sorce Advisory
Pennsylvania
$26.4M +$13.8M +173,328 +111%
UBS Group
7
UBS Group
Switzerland
$21.4M +$81.2K +1,018 +0.4%
Bank of America
8
Bank of America
North Carolina
$20M -$2.11M -26,447 -10%
SOS
9
Silver Oak Securities
Tennessee
$18.4M +$2.76M +34,644 +18%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$15.5M +$30.2K +379 +0.2%
RJA
11
Raymond James & Associates
Florida
$15M +$3.84M +48,152 +35%
Truist Financial
12
Truist Financial
North Carolina
$14.9M -$541K -6,773 -4%
DA
13
Drake & Associates
Wisconsin
$14M +$2.71K +34 +0%
RJFSA
14
Raymond James Financial Services Advisors
Florida
$13.6M -$188K -2,356 -1%
KAS
15
Kestra Advisory Services
Texas
$12.9M +$2.07M +25,963 +19%
Osaic Holdings
16
Osaic Holdings
Arizona
$12.3M +$639K +8,008 +6%
WP
17
WealthSource Partners
California
$11.4M +$279K +3,490 +3%
CF
18
Centaurus Financial
California
$10.1M +$1.98M +24,771 +24%
Rockefeller Capital Management
19
Rockefeller Capital Management
New York
$8.83M -$9.82K -123 -0.1%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$7.96M +$1.59M +19,983 +25%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$6.2M +$245K +3,073 +4%
UWM
22
USAdvisors Wealth Management
Minnesota
$5.84M -$175K -2,190 -3%
Cetera Investment Advisers
23
Cetera Investment Advisers
Illinois
$5.76M +$326K +4,083 +6%
Cambridge Investment Research Advisors
24
Cambridge Investment Research Advisors
Iowa
$5.29M +$562K +7,037 +12%
DADC
25
D.A. Davidson & Co
Montana
$4.94M +$300K +3,764 +6%

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.