First Trust Large Cap Value AlphaDEX Fund
45 hedge funds and large institutions have $362M invested in First Trust Large Cap Value AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 4 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
27% more capital invested
Capital invested by funds: $285M → $362M (+$77.7M)
10% more funds holding
Funds holding: 41 → 45 (+4)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.69% less ownership
Funds ownership: 57.72% → 57.03% (-0.69%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$22.6M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$10.9M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$6.38M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.01M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.84M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$792K |
| 3 |
SG Americas Securities
New York
|
-$749K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$628K |
| 5 |
Comerica Bank
Dallas,
Texas
|
-$312K |
FTA Hedge Fund Activity: Q4 2013 in Review
45 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2013, worth a combined $362M — up 27% from $285M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTA positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $22.6M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.84M sold.
- 45 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2013, up from 41 in Q3 2013.
- Funds reported $362M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2013, up 27% quarter-over-quarter.
- 9 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of +5 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2013 was Morgan Stanley, an estimated $22.6M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2013 was Susquehanna International Group, an estimated $1.84M sold.
Based on aggregated 13F filings for Q4 2013.