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.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.32% less ownership
Funds ownership: 66.55% → 65.23% (-1.3%)
9% less funds holding
Funds holding: 78 → 71 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$8.85M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$5.2M |
| 3 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$1.49M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.2M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$716K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$21.8M |
| 3 |
LPL Financial
San Diego,
California
|
-$16.6M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$15.9M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTS
76
BB&T Securities
Richmond,
Virginia
| – | -$287K | -7,487 | Closed |
|
|
HF
77
HRT Financial
New York
| – | -$281K | -7,317 | Closed |
|
78
Bessemer Group
Woodbridge,
New Jersey
| – | -$83K | -2,151 | Closed |
|
|
GT
79
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$52K | -1,373 | Closed |
|
|
QCG
80
Quadrant Capital Group
Cincinnati,
Ohio
| – | -$4K | -107 | Closed |
|
81
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$4K | -92 | Closed |
|
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.