First Trust Large Cap Value AlphaDEX Fund
112 hedge funds and large institutions have $777M invested in First Trust Large Cap Value AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 57 increasing their positions, 31 reducing their positions, and 13 closing their positions.
84% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 31
13% more capital invested
Capital invested by funds: $687M → $777M (+$90.2M)
0.59% more ownership
Funds ownership: 66.54% → 67.13% (+0.59%)
4% less funds holding
Funds holding: 117 → 112 (-5)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$10.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.69M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.82M |
| 5 |
PI
PFS Investments
Duluth,
Georgia
|
+$4.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.18M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$8.07M |
| 3 |
LPL Financial
San Diego,
California
|
-$5.63M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.14M |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$4.57M |
FTA Hedge Fund Activity: Q1 2019 in Review
112 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2019, worth a combined $777M — up 13% from $687M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FTA and 9 opened new positions — a net loss of 4 holders — while 31 trimmed existing stakes and 57 added.
The largest buyer was Morgan Stanley, adding an estimated $10.1M. The largest seller was Credit Suisse, exiting entirely with an estimated $8.18M sold.
- 112 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2019, down from 117 in Q4 2018.
- Funds reported $777M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2019, up 13% quarter-over-quarter.
- 9 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2019 and 13 closed out, a net change of -4 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2019 was Morgan Stanley, an estimated $10.1M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2019 was Credit Suisse, an estimated $8.18M sold.
Based on aggregated 13F filings for Q1 2019.