First Trust Large Cap Core AlphaDEX Fund
178 hedge funds and large institutions have $659M invested in First Trust Large Cap Core AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 58 increasing their positions, 66 reducing their positions, and 13 closing their positions.
15% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 13
2% more capital invested
Capital invested by funds: $644M → $659M (+$15.1M)
0.12% more ownership
Funds ownership: 58.16% → 58.29% (+0.12%)
0% more funds holding
Funds holding: 178 → 178 (0)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
12% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 66
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$17.9M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$9.79M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.66M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$13.3M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.53M |
| 3 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$4.08M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.61M |
| 5 |
Rockefeller Capital Management
New York
|
-$1.49M |
FEX Hedge Fund Activity: Q1 2023 in Review
178 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q1 2023, worth a combined $659M — up 2.4% from $644M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FEX positions and 13 closed out — a net gain of 2 holders — while 58 added to existing stakes and 66 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $17.9M. The largest seller was HBK Sorce Advisory, cutting an estimated $13.3M.
- 178 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $659M of First Trust Large Cap Core AlphaDEX Fund stock for Q1 2023, up 2.4% quarter-over-quarter.
- 15 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q1 2023 and 13 closed out, a net change of +2 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q1 2023 was Cambridge Investment Research Advisors, an estimated $17.9M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q1 2023 was HBK Sorce Advisory, an estimated $13.3M sold.
Based on aggregated 13F filings for Q1 2023.