We are live on ! Find out more
FTA icon

First Trust Large Cap Value AlphaDEX Fund
FTA

75 hedge funds and large institutions have $753M invested in First Trust Large Cap Value AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 15 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

140% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 15

18% more capital invested

Capital invested by funds: $640M → $753M (+$112M)

14% more funds holding

Funds holding: 66 → 75 (+9)

5.35% more ownership

Funds ownership: 54.75% → 60.1% (+5.4%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
75
Holders Change
+9
Holders Change %
+13.64%
% of All Funds
2%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
16
Increased
36
Reduced
15
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$28.9M
2
Goldman Sachs
Goldman Sachs
New York
+$19.2M
3
RJA
Raymond James & Associates
Florida
+$11.7M
4
Wells Fargo
Wells Fargo
California
+$8.37M
5
LPL Financial
LPL Financial
California
+$6.65M

Top Sellers

Rank Fund Capital Flow
1
ICM
ICC Capital Management
Florida
-$6.37M
2
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$6.3M
3
Bank of America
Bank of America
North Carolina
-$3.32M
4
Citigroup
Citigroup
New York
-$1.79M
5
Jane Street
Jane Street
New York
-$1.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
26
Citigroup
New York
$1.88M -$1.79M -41,960 -49%
VF
27
Virtu Financial
New York
$1.7M +$1.66M +38,919 New
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$1.33M +$606K +14,191 +87%
First Trust Advisors
29
First Trust Advisors
Illinois
$1.22M -$439K -10,277 -27%
CAN
30
Cetera Advisor Networks
California
$1.08M +$51.2K +1,200 +5%
JP Morgan Chase
31
JP Morgan Chase
New York
$961K -$115K -2,696 -11%
Stifel Financial
32
Stifel Financial
Missouri
$933K -$14.3K -336 -2%
RJFSA
33
Raymond James Financial Services Advisors
Florida
$914K +$40.4K +945 +5%
NES
34
New England Securities
New York
$880K +$164K +3,846 +24%
SHA
35
Smith Hayes Advisers
Nebraska
$777K +$174K +4,078 +30%
FHC
36
First Heartland Consultants
Missouri
$762K +$480K +11,238 +181%
PAG
37
Private Advisor Group
New Jersey
$705K +$60.7K +1,421 +10%
William Blair & Company
38
William Blair & Company
Illinois
$682K -$34.2K -800 -5%
SSWM
39
Sheets Smith Wealth Management
North Carolina
$658K +$643K +15,051 New
MPI
40
Mairs & Power Inc
Minnesota
$642K -$464K -10,854 -42%
NPC
41
National Planning Corporation
California
$619K +$123K +2,885 +25%
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$536K -$38.7K -906 -7%
CS
43
Credit Suisse
Switzerland
$511K +$499K +11,681 New
SWP
44
Stratos Wealth Partners
Ohio
$489K +$477K +11,176 New
MIAN
45
Mariner Independent Advisor Network
Kansas
$471K +$46.1K +1,079 +11%
SFWA
46
Summit Financial Wealth Advisors
Louisiana
$432K +$422K +9,880 New
ICOA
47
Investment Centers of America
North Dakota
$420K -$453K -10,597 -53%
MFS
48
MSI Financial Services
Massachusetts
$416K +$77.9K +1,823 +24%
SF
49
Synovus Financial
Georgia
$410K – – –
WFG
50
Wills Financial Group
Virginia
$373K – – –
1
2
3 4

FTA Hedge Fund Activity: Q4 2014 in Review

75 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2014, worth a combined $753M — up 18% from $640M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FTA positions and 5 closed out — a net gain of 11 holders — while 36 added to existing stakes and 15 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $28.9M. The largest seller was ICC Capital Management, exiting entirely with an estimated $6.37M sold.

  • 75 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2014, up from 66 in Q3 2014.
  • Funds reported $753M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2014, up 18% quarter-over-quarter.
  • 16 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2014 and 5 closed out, a net change of +11 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2014 was Morgan Stanley, an estimated $28.9M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2014 was ICC Capital Management, an estimated $6.37M sold.

Based on aggregated 13F filings for Q4 2014.