First Trust Large Cap Value AlphaDEX Fund
110 hedge funds and large institutions have $818M invested in First Trust Large Cap Value AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 59 increasing their positions, 23 reducing their positions, and 14 closing their positions.
157% more repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 23
18% more capital invested
Capital invested by funds: $695M → $818M (+$123M)
1.17% more ownership
Funds ownership: 71.69% → 72.86% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
3% less funds holding
Funds holding: 113 → 110 (-3)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$46.4M |
| 2 |
Morgan Stanley
New York
|
+$13.8M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.96M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$6.89M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$6.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$16.1M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$4.33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.33M |
| 4 |
MAP
Milestone Advisory Partners
Southern Pines,
North Carolina
|
-$4.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.1M |
FTA Hedge Fund Activity: Q3 2018 in Review
110 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2018, worth a combined $818M — up 18% from $695M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTA and 11 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 59 added.
The largest buyer was Total Investment Management, opening a new position worth an estimated $46.4M. The largest seller was Cornerstone Wealth Management, cutting an estimated $16.1M.
- 110 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2018, down from 113 in Q2 2018.
- Funds reported $818M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2018, up 18% quarter-over-quarter.
- 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2018 and 14 closed out, a net change of -3 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2018 was Total Investment Management, an estimated $46.4M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2018 was Cornerstone Wealth Management, an estimated $16.1M sold.
Based on aggregated 13F filings for Q3 2018.