First Trust Large Cap Core AlphaDEX Fund
199 hedge funds and large institutions have $682M invested in First Trust Large Cap Core AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 42 increasing their positions, 79 reducing their positions, and 14 closing their positions.
36% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 14
0.62% more ownership
Funds ownership: 55.92% → 56.53% (+0.62%)
1% more funds holding
Funds holding: 198 → 199 (+1)
0% less capital invested
Capital invested by funds: $685M → $682M (-$2.88M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
47% less repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$11.1M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$3.72M |
| 3 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$3.55M |
| 4 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$2.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.47M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.88M |
| 3 |
Goldman Sachs
New York
|
-$1.56M |
| 4 |
EWM
EPG Wealth Management
Atlanta,
Georgia
|
-$1.47M |
| 5 |
IWM
Iams Wealth Management
Omaha,
Nebraska
|
-$1.25M |
FEX Hedge Fund Activity: Q2 2024 in Review
199 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q2 2024, worth a combined $682M — down 0.42% from $685M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FEX positions and 14 closed out — a net gain of 5 holders — while 42 added to existing stakes and 79 trimmed.
The largest buyer was Wells Fargo, adding an estimated $11.1M. The largest seller was Morgan Stanley, cutting an estimated $3.47M.
- 199 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q2 2024, up from 198 in Q1 2024.
- Funds reported $682M of First Trust Large Cap Core AlphaDEX Fund stock for Q2 2024, down 0.42% quarter-over-quarter.
- 19 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q2 2024 and 14 closed out, a net change of +5 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q2 2024 was Wells Fargo, an estimated $11.1M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q2 2024 was Morgan Stanley, an estimated $3.47M sold.
Based on aggregated 13F filings for Q2 2024.