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First Trust Large Cap Value AlphaDEX Fund

73 hedge funds and large institutions have $783M invested in First Trust Large Cap Value AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 18 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

83% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 18

2.95% more ownership

Funds ownership: 60.1%63.05% (+3%)

4% more capital invested

Capital invested by funds: $753M → $783M (+$30.7M)

3% less funds holding

Funds holding: 7573 (-2)

10% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 10

Holders
73
Holders Change
-2
Holders Change %
-2.67%
% of All Funds
1.95%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
9
Increased
33
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
FAAS
26
First Allied Advisory Services
California
$2.27M -$337K -7,697 -13%
MFS
27
MSI Financial Services
Massachusetts
$1.78M +$1.36M +31,112 +327%
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$1.76M +$1.76M +40,235 New
VF
29
Virtu Financial
New York
$1.53M -$173K -3,964 -10%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$1.48M +$143K +3,278 +11%
SWP
31
Stratos Wealth Partners
Ohio
$1.39M +$895K +20,449 +183%
CAN
32
Cetera Advisor Networks
California
$1.25M +$162K +3,695 +15%
AIM
33
Advantage Investment Management
Iowa
$1.2M +$1.2M +27,378 New
CS
34
Comerica Securities
Michigan
$1.18M +$1.18M +27,018 New
JP Morgan Chase
35
JP Morgan Chase
New York
$1.04M +$83K +1,898 +9%
SEIA
36
Signature Estate & Investment Advisors
California
$969K +$862K +19,697 +804%
Stifel Financial
37
Stifel Financial
Missouri
$964K +$30.6K +699 +3%
RJFSA
38
Raymond James Financial Services Advisors
Florida
$917K +$2.98K +68 +0.3%
First Trust Advisors
39
First Trust Advisors
Illinois
$856K -$369K -8,434 -30%
SSWM
40
Sheets Smith Wealth Management
North Carolina
$820K +$161K +3,690 +25%
SHA
41
Smith Hayes Advisers
Nebraska
$792K +$14.2K +325 +2%
FHC
42
First Heartland Consultants
Missouri
$763K
William Blair & Company
43
William Blair & Company
Illinois
$682K
MPI
44
Mairs & Power Inc
Minnesota
$643K
PAG
45
Private Advisor Group
New Jersey
$636K -$69.7K -1,592 -10%
LTFS
46
Ladenburg Thalmann Financial Services
Florida
$620K +$83.5K +1,908 +16%
VFS
47
VSR Financial Services
Kansas
$564K -$1.9M -43,476 -77%
Millennium Management
48
Millennium Management
New York
$543K +$543K +12,405 New
MIAN
49
Mariner Independent Advisor Network
Kansas
$483K +$10.7K +245 +2%
ICOA
50
Investment Centers of America
North Dakota
$466K +$46.1K +1,054 +11%

FTA Hedge Fund Activity: Q1 2015 in Review

73 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2015, worth a combined $783M — up 4.1% from $753M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of FTA and 9 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 33 added.

The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Sigma Planning Corp, exiting entirely with an estimated $3.98M sold.

  • 73 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2015, down from 75 in Q4 2014.
  • Funds reported $783M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2015, up 4.1% quarter-over-quarter.
  • 9 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2015 and 10 closed out, a net change of -1 holder.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2015 was Morgan Stanley, an estimated $10.1M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2015 was Sigma Planning Corp, an estimated $3.98M sold.

Based on aggregated 13F filings for Q1 2015.