First Trust Large Cap Value AlphaDEX Fund
53 hedge funds and large institutions have $457M invested in First Trust Large Cap Value AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 9 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
211% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 9
26% more capital invested
Capital invested by funds: $362M → $457M (+$94.8M)
18% more funds holding
Funds holding: 45 → 53 (+8)
2.11% more ownership
Funds ownership: 57.03% → 59.14% (+2.1%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$29.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$21M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.86M |
| 4 |
ICM
ICC Capital Management
Orlando,
Florida
|
+$5.76M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$4.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.66M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$1.55M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$582K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$403K |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$96.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fifth Third Bancorp
Cincinnati,
Ohio
| $19K | – | – | – |
|
|
AWM
52
Avior Wealth Management
Omaha,
Nebraska
| $17K | +$16.2K | +407 | New |
|
|
TRCT
53
Tower Research Capital (TRC)
New York
| $5K | +$5.09K | +128 | New |
|
|
GT
54
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$18K | -458 | Closed |
|
55
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$14K | -340 | Closed |
|
FTA Hedge Fund Activity: Q1 2014 in Review
53 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2014, worth a combined $457M — up 26% from $362M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTA positions and 2 closed out — a net gain of 8 holders — while 28 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $29.1M. The largest seller was Wells Fargo, cutting an estimated $2.66M.
- 53 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2014, up from 45 in Q4 2013.
- Funds reported $457M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2014, up 26% quarter-over-quarter.
- 10 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2014 and 2 closed out, a net change of +8 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2014 was Morgan Stanley, an estimated $29.1M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2014 was Wells Fargo, an estimated $2.66M sold.
Based on aggregated 13F filings for Q1 2014.