First Trust Large Cap Value AlphaDEX Fund
138 hedge funds and large institutions have $860M invested in First Trust Large Cap Value AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 34 increasing their positions, 54 reducing their positions, and 7 closing their positions.
371% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 7
21% more funds holding
Funds holding: 114 → 138 (+24)
15% more capital invested
Capital invested by funds: $748M → $860M (+$112M)
5.51% more ownership
Funds ownership: 67.82% → 73.33% (+5.5%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
37% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 54
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$54M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$6.84M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.46M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$2.66M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFS Investments
Duluth,
Georgia
|
-$8.88M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.08M |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$3.79M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$3.36M |
FTA Hedge Fund Activity: Q4 2019 in Review
138 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2019, worth a combined $860M — up 15% from $748M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FTA positions and 7 closed out — a net gain of 26 holders — while 34 added to existing stakes and 54 trimmed.
The largest buyer was Golden State Wealth Management, opening a new position worth an estimated $54M. The largest seller was PFS Investments, cutting an estimated $8.88M.
- 138 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2019, up from 114 in Q3 2019.
- Funds reported $860M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2019, up 15% quarter-over-quarter.
- 33 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2019 and 7 closed out, a net change of +26 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2019 was Golden State Wealth Management, an estimated $54M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2019 was PFS Investments, an estimated $8.88M sold.
Based on aggregated 13F filings for Q4 2019.