First Trust Large Cap Value AlphaDEX Fund
79 hedge funds and large institutions have $488M invested in First Trust Large Cap Value AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 29 increasing their positions, 25 reducing their positions, and 6 closing their positions.
150% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 6
16% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 25
11% more funds holding
Funds holding: 71 → 79 (+8)
5.45% less ownership
Funds ownership: 65.23% → 59.78% (-5.4%)
10% less capital invested
Capital invested by funds: $542M → $488M (-$54M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.11M |
| 2 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
+$3.72M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.36M |
| 4 |
SG Americas Securities
New York
|
+$1.34M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$39.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$8.89M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$4.94M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.87M |
| 5 |
AIM
Aspen Investment Management
Grand Rapids,
Michigan
|
-$2.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $14K | +$14.2K | +353 | New |
|
|
MA
77
MCF Advisors
Covington,
Kentucky
| $9K | +$8.8K | +219 | New |
|
78
BlackRock
New York
| $1K | – | – | – |
|
|
AIM
79
Aspen Investment Management
Grand Rapids,
Michigan
| – | -$2.71M | -66,792 | Closed |
|
|
AIG
80
American International Group
New York
| – | -$2.68M | -66,058 | Closed |
|
|
BCM
81
Barometer Capital Management
Toronto,
Ontario, Canada
| – | -$1.61M | -39,700 | Closed |
|
82
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$1.48M | -36,433 | Closed |
|
83
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$90K | -2,223 | Closed |
|
|
TFA
84
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$31K | -755 | Closed |
|
FTA Hedge Fund Activity: Q2 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q2 2016, worth a combined $488M — down 10% from $542M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FTA positions and 6 closed out — a net gain of 9 holders — while 29 added to existing stakes and 25 trimmed.
The largest buyer was Credit Suisse, opening a new position worth an estimated $6.11M. The largest seller was LPL Financial, cutting an estimated $39.3M.
- 79 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q2 2016, up from 71 in Q1 2016.
- Funds reported $488M of First Trust Large Cap Value AlphaDEX Fund stock for Q2 2016, down 10% quarter-over-quarter.
- 15 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q2 2016 and 6 closed out, a net change of +9 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q2 2016 was Credit Suisse, an estimated $6.11M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $39.3M sold.
Based on aggregated 13F filings for Q2 2016.