First Trust Large Cap Core AlphaDEX Fund
FEX
211 hedge funds and large institutions have $750M invested in First Trust Large Cap Core AlphaDEX Fund in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 62 increasing their positions, 75 reducing their positions, and 10 closing their positions.
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
7% more capital invested
Capital invested by funds: $701M → $750M (+$49.4M)
4% more funds holding
Funds holding: 203 → 211 (+8)
3.8% more ownership
Funds ownership: 55.15% → 58.95% (+3.8%)
17% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 75
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$18.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$17.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.12M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$1.18M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$839K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$1.49M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.32M |
| 3 |
VF
Virtu Financial
New York
|
-$1.3M |
| 4 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$1.26M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$1.14M |
FEX Hedge Fund Activity: Q4 2024 in Review
211 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Core AlphaDEX Fund (FEX) for Q4 2024, worth a combined $750M — up 7% from $701M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FEX positions and 10 closed out — a net gain of 13 holders — while 62 added to existing stakes and 75 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $18.2M. The largest seller was UBS Group, cutting an estimated $1.49M.
- 211 institutional investors held First Trust Large Cap Core AlphaDEX Fund (FEX) as of Q4 2024, up from 203 in Q3 2024.
- Funds reported $750M of First Trust Large Cap Core AlphaDEX Fund stock for Q4 2024, up 7% quarter-over-quarter.
- 23 funds opened new First Trust Large Cap Core AlphaDEX Fund positions in Q4 2024 and 10 closed out, a net change of +13 holders.
- The largest First Trust Large Cap Core AlphaDEX Fund buyer in Q4 2024 was Morgan Stanley, an estimated $18.2M added.
- The largest First Trust Large Cap Core AlphaDEX Fund seller in Q4 2024 was UBS Group, an estimated $1.49M sold.
Based on aggregated 13F filings for Q4 2024.