First Trust Large Cap Value AlphaDEX Fund
75 hedge funds and large institutions have $753M invested in First Trust Large Cap Value AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 15 reducing their positions, and 5 closing their positions.
220% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 5
140% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 15
18% more capital invested
Capital invested by funds: $640M → $753M (+$112M)
14% more funds holding
Funds holding: 66 → 75 (+9)
5.35% more ownership
Funds ownership: 54.75% → 60.1% (+5.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.9M |
| 2 |
Goldman Sachs
New York
|
+$19.2M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$8.37M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
ICC Capital Management
Orlando,
Florida
|
-$6.37M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.32M |
| 4 |
Citigroup
New York
|
-$1.79M |
| 5 |
Jane Street
New York
|
-$1.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
76
Jane Street
New York
| – | -$1.6M | -37,603 | Closed |
|
|
RIL
77
Rothschild Investment LLC
Chicago,
Illinois
| – | -$210K | -4,940 | Closed |
|
|
TRCT
78
Tower Research Capital (TRC)
New York
| – | -$76K | -1,800 | Closed |
|
|
PTC
79
Private Trust Company
Cleveland,
Ohio
| – | -$76K | -1,791 | Closed |
|
80
Parallax Volatility Advisers
San Francisco,
California
| – | +$43 | +1 | New |
|
FTA Hedge Fund Activity: Q4 2014 in Review
75 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2014, worth a combined $753M — up 18% from $640M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FTA positions and 5 closed out — a net gain of 11 holders — while 36 added to existing stakes and 15 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $28.9M. The largest seller was ICC Capital Management, exiting entirely with an estimated $6.37M sold.
- 75 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2014, up from 66 in Q3 2014.
- Funds reported $753M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2014, up 18% quarter-over-quarter.
- 16 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2014 and 5 closed out, a net change of +11 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2014 was Morgan Stanley, an estimated $28.9M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2014 was ICC Capital Management, an estimated $6.37M sold.
Based on aggregated 13F filings for Q4 2014.