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First Trust Large Cap Value AlphaDEX Fund

74 hedge funds and large institutions have $657M invested in First Trust Large Cap Value AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

3% more funds holding

Funds holding: 7274 (+2)

2.43% more ownership

Funds ownership: 62.13%64.56% (+2.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

13% less capital invested

Capital invested by funds: $753M → $657M (-$95.8M)

17% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 30

Holders
74
Holders Change
+2
Holders Change %
+2.78%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
25
Reduced
30
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MFS
26
MSI Financial Services
Massachusetts
$2.21M +$401K +9,946 +20%
Citigroup
27
Citigroup
New York
$1.76M -$263K -6,519 -12%
TRCT
28
Tower Research Capital (TRC)
New York
$1.67M +$1.78M +44,284 New
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$1.5M -$62.4K -1,548 -4%
FAAS
30
First Allied Advisory Services
California
$1.49M -$418K -10,381 -21%
JP Morgan Chase
31
JP Morgan Chase
New York
$1.46M -$293K -7,282 -16%
CAN
32
Cetera Advisor Networks
California
$1.1M +$24.3K +604 +2%
VKH
33
Virtu KCG Holdings
New York
$1.04M +$1.11M +27,442 New
SEIA
34
Signature Estate & Investment Advisors
California
$1M +$65.4K +1,622 +7%
ICOA
35
Investment Centers of America
North Dakota
$793K -$252K -6,248 -23%
Citadel Advisors
36
Citadel Advisors
Florida
$779K +$831K +20,611 New
HF
37
HRT Financial
New York
$742K +$792K +19,658 New
SHA
38
Smith Hayes Advisers
Nebraska
$727K +$48.5K +1,203 +7%
First Trust Advisors
39
First Trust Advisors
Illinois
$669K -$45.1K -1,120 -6%
FHC
40
First Heartland Consultants
Missouri
$634K -$41.6K -1,032 -6%
MPI
41
Mairs & Power Inc
Minnesota
$517K -$40.3K -1,000 -7%
SWP
42
Stratos Wealth Partners
Ohio
$495K -$941K -23,352 -64%
Stifel Financial
43
Stifel Financial
Missouri
$469K -$336K -8,338 -40%
VFS
44
VSR Financial Services
Kansas
$458K -$26.3K -652 -5%
PAG
45
Private Advisor Group
New Jersey
$457K -$76.9K -1,908 -14%
AIM
46
Advantage Investment Management
Iowa
$430K -$788K -19,553 -63%
SSWM
47
Sheets Smith Wealth Management
North Carolina
$411K -$313K -7,765 -42%
MIAN
48
Mariner Independent Advisor Network
Kansas
$403K -$13.3K -331 -3%
William Blair & Company
49
William Blair & Company
Illinois
$400K
WFG
50
Wills Financial Group
Virginia
$372K +$282 +7 +0.1%

FTA Hedge Fund Activity: Q3 2015 in Review

74 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2015, worth a combined $657M — down 13% from $753M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FTA positions and 7 closed out — a net gain of 4 holders — while 25 added to existing stakes and 30 trimmed.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $19.1M. The largest seller was Morgan Stanley, cutting an estimated $19.8M.

  • 74 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2015, up from 72 in Q2 2015.
  • Funds reported $657M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2015, down 13% quarter-over-quarter.
  • 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2015 and 7 closed out, a net change of +4 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2015 was Cambridge Investment Research Advisors, an estimated $19.1M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2015 was Morgan Stanley, an estimated $19.8M sold.

Based on aggregated 13F filings for Q3 2015.