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First Trust Large Cap Value AlphaDEX Fund

117 hedge funds and large institutions have $687M invested in First Trust Large Cap Value AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 44 increasing their positions, 44 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

80% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 10

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

6% more funds holding

Funds holding: 110117 (+7)

0% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 44

6.32% less ownership

Funds ownership: 72.86%66.54% (-6.3%)

16% less capital invested

Capital invested by funds: $818M → $687M (-$132M)

Holders
117
Holders Change
+7
Holders Change %
+6.36%
% of All Funds
2.61%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.11%
New
18
Increased
44
Reduced
44
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UR
76
USCA RIA
Texas
$456K +$5.12K +101 +1%
EFS
77
Econ Financial Services
Pennsylvania
$446K +$490K +9,651 New
APA
78
American Portfolios Advisors
New York
$446K +$149K +2,933 +44%
NNP
79
Nachman Norwood & Parrott
South Carolina
$430K +$471K +9,294 New
Northwestern Mutual Wealth Management
80
Northwestern Mutual Wealth Management
Wisconsin
$394K -$128K -2,530 -23%
UCFA
81
United Capital Financial Advisors
Texas
$381K +$22.3K +440 +6%
DI
82
DFPG Investments
Utah
$376K +$413K +8,135 New
BTS
83
BB&T Securities
Virginia
$357K -$35.5K -700 -8%
VA
84
Valmark Advisers
Ohio
$345K
FAIM
85
Financial Advocates Investment Management
Washington
$344K -$193K -3,810 -34%
VAG
86
VisionPoint Advisory Group
Texas
$317K +$348K +6,867 New
WFG
87
Wills Financial Group
Virginia
$315K
CAN
88
Claraphi Advisory Network
United States
$314K +$2.94K +58 +0.9%
Bank of New York Mellon
89
Bank of New York Mellon
New York
$293K +$90.9K +1,792 +39%
CBFP
90
Cedar Brook Financial Partners
Ohio
$279K +$307K +6,044 New
SF
91
Synovus Financial
Georgia
$277K -$80.4K -1,585 -21%
US Bancorp
92
US Bancorp
Minnesota
$233K
BRWA
93
B. Riley Wealth Advisors
Florida
$226K -$19.2K -379 -7%
CAM
94
Concorde Asset Management
Michigan
$202K -$6.44K -127 -3%
IWA
95
Intercontinental Wealth Advisors
Texas
$157K +$172K +3,400 New
MOS
96
MGO One Seven
Ohio
$156K -$18.7K -368 -10%
AA
97
AlphaMark Advisors
Kentucky
$152K -$28.9K -570 -15%
CWA
98
Clarus Wealth Advisors
Arizona
$148K +$5.07K +100 +3%
SL
99
Salomon & Ludwin
Virginia
$109K +$119K +2,350 New
WAP
100
Wealthcare Advisory Partners
Pennsylvania
$81K +$710 +14 +0.8%

FTA Hedge Fund Activity: Q4 2018 in Review

117 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2018, worth a combined $687M — down 16% from $818M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FTA positions and 10 closed out — a net gain of 8 holders — while 44 added to existing stakes and 44 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $15.5M. The largest seller was Cornerstone Wealth Management, cutting an estimated $71.6M.

  • 117 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2018, up from 110 in Q3 2018.
  • Funds reported $687M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2018, down 16% quarter-over-quarter.
  • 18 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2018 and 10 closed out, a net change of +8 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2018 was Envestnet Asset Management, an estimated $15.5M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $71.6M sold.

Based on aggregated 13F filings for Q4 2018.