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First Trust Large Cap Value AlphaDEX Fund

71 hedge funds and large institutions have $542M invested in First Trust Large Cap Value AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 18 increasing their positions, 37 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.32% less ownership

Funds ownership: 66.55%65.23% (-1.3%)

9% less funds holding

Funds holding: 7871 (-7)

12% less capital invested

Capital invested by funds: $619M → $542M (-$76.3M)

51% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 37

64% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 11

Holders
71
Holders Change
-7
Holders Change %
-8.97%
% of All Funds
1.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
4
Increased
18
Reduced
37
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SI
26
Stephens Inc
Arkansas
$1.69M -$350K -9,340 -18%
BCM
27
Barometer Capital Management
Ontario, Canada
$1.61M +$1.49M +39,700 New
PNC Financial Services Group
28
PNC Financial Services Group
Pennsylvania
$1.5M -$168K -4,500 -11%
Janney Montgomery Scott
29
Janney Montgomery Scott
Pennsylvania
$1.48M -$949K -25,349 -41%
KLI
30
Kelman-Lazarov Inc
Tennessee
$1.41M +$1.3M +34,835 New
JP Morgan Chase
31
JP Morgan Chase
New York
$1.26M -$39.8K -1,063 -3%
SCA
32
Snowden Capital Advisors
New York
$1.15M +$1.06M +28,325 New
CAN
33
Cetera Advisor Networks
California
$1.1M -$88.9K -2,375 -8%
LTFS
34
Ladenburg Thalmann Financial Services
Florida
$1.09M +$704K +18,816 +233%
Citigroup
35
Citigroup
New York
$977K -$350K -9,345 -28%
SEIA
36
Signature Estate & Investment Advisors
California
$855K -$34.3K -917 -4%
VKH
37
Virtu KCG Holdings
New York
$830K -$510K -13,630 -40%
SHA
38
Smith Hayes Advisers
Nebraska
$798K -$11.9K -318 -2%
Cetera Investment Advisers
39
Cetera Investment Advisers
Illinois
$726K -$87.9K -2,348 -12%
VFS
40
VSR Financial Services
Kansas
$684K +$26.6K +712 +4%
First Trust Advisors
41
First Trust Advisors
Illinois
$641K -$71.2K -1,902 -11%
ICOA
42
Investment Centers of America
North Dakota
$583K -$294K -7,851 -35%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$545K -$3.41M -91,011 -87%
Stifel Financial
44
Stifel Financial
Missouri
$518K -$15.5K -413 -3%
SWP
45
Stratos Wealth Partners
Ohio
$491K -$6.18K -165 -1%
William Blair & Company
46
William Blair & Company
Illinois
$431K
WFG
47
Wills Financial Group
Virginia
$401K +$412 +11 +0.1%
MPI
48
Mairs & Power Inc
Minnesota
$351K -$15K -400 -4%
SF
49
Synovus Financial
Georgia
$351K
LI
50
LVZ Inc
Michigan
$287K -$2.54K -68 -1%

FTA Hedge Fund Activity: Q1 2016 in Review

71 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2016, worth a combined $542M — down 12% from $619M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FTA and 4 opened new positions — a net loss of 7 holders — while 37 trimmed existing stakes and 18 added.

The largest buyer was UBS Group, adding an estimated $8.85M. The largest seller was Morgan Stanley, cutting an estimated $31.1M.

  • 71 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2016, down from 78 in Q4 2015.
  • Funds reported $542M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2016, down 12% quarter-over-quarter.
  • 4 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2016 and 11 closed out, a net change of -7 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2016 was UBS Group, an estimated $8.85M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $31.1M sold.

Based on aggregated 13F filings for Q1 2016.