First Trust Large Cap Value AlphaDEX Fund
81 hedge funds and large institutions have $601M invested in First Trust Large Cap Value AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 9 closing their positions.
89% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 9
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
23% more capital invested
Capital invested by funds: $488M → $601M (+$113M)
8% more funds holding
Funds holding: 75 → 81 (+6)
7.62% more ownership
Funds ownership: 55.92% → 63.54% (+7.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$14.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$11.2M |
| 3 |
Morgan Stanley
New York
|
+$10.8M |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$3.43M |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$2.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$4.07M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.27M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.21M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.03M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$1.85M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KLI
76
Kelman-Lazarov Inc
Memphis,
Tennessee
| $11.7K | – | – | – |
|
|
GWM
77
Geneos Wealth Management
Englewood,
Colorado
| $9K | – | – | – |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $8K | -$7.8K | -174 | -49% |
|
|
AIM
79
Advantage Investment Management
Cedar Rapids,
Iowa
| $3K | – | – | – |
|
80
BlackRock
New York
| $1K | – | – | – |
|
|
81
SG Americas Securities
New York
| – | -$4.07M | -95,567 | Closed |
|
|
VKH
82
Virtu KCG Holdings
New York
| – | -$1.85M | -43,551 | Closed |
|
83
Jane Street
New York
| – | -$629K | -14,762 | Closed |
|
84
Citadel Advisors
Miami,
Florida
| – | -$527K | -12,384 | Closed |
|
|
HI
85
Horizon Investments
Charlotte,
North Carolina
| – | -$486K | -11,404 | Closed |
|
|
ICOA
86
Investment Centers of America
Bismarck,
North Dakota
| – | -$252K | -5,890 | Closed |
|
87
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$36K | -838 | Closed |
|
|
IWMPD
88
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$15K | -358 | Closed |
|
|
MA
89
MCF Advisors
Covington,
Kentucky
| – | -$9K | -219 | Closed |
|
FTA Hedge Fund Activity: Q4 2016 in Review
81 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2016, worth a combined $601M — up 23% from $488M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FTA positions and 9 closed out — a net gain of 8 holders — while 32 added to existing stakes and 21 trimmed.
The largest buyer was UBS Group, adding an estimated $14.6M. The largest seller was SG Americas Securities, exiting entirely with an estimated $4.07M sold.
- 81 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2016, up from 75 in Q3 2016.
- Funds reported $601M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2016, up 23% quarter-over-quarter.
- 17 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2016 and 9 closed out, a net change of +8 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2016 was UBS Group, an estimated $14.6M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2016 was SG Americas Securities, an estimated $4.07M sold.
Based on aggregated 13F filings for Q4 2016.