First Trust Large Cap Value AlphaDEX Fund
121 hedge funds and large institutions have $479M invested in First Trust Large Cap Value AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 49 increasing their positions, 33 reducing their positions, and 12 closing their positions.
75% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 12
48% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 33
25% more capital invested
Capital invested by funds: $382M → $479M (+$96.4M)
7% more funds holding
Funds holding: 113 → 121 (+8)
1.19% more ownership
Funds ownership: 61.69% → 62.88% (+1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$4.25M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.9M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.83M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.02M |
| 2 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$2.5M |
| 3 |
Morgan Stanley
New York
|
-$2.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.46M |
| 5 |
EAM
Eukles Asset Management
Cincinnati,
Ohio
|
-$1.03M |
FTA Hedge Fund Activity: Q4 2020 in Review
121 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2020, worth a combined $479M — up 25% from $382M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FTA positions and 12 closed out — a net gain of 9 holders — while 49 added to existing stakes and 33 trimmed.
The largest buyer was Regal Investment Advisors, opening a new position worth an estimated $4.25M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $5.02M.
- 121 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2020, up from 113 in Q3 2020.
- Funds reported $479M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2020, up 25% quarter-over-quarter.
- 21 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2020 and 12 closed out, a net change of +9 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2020 was Regal Investment Advisors, an estimated $4.25M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2020 was Raymond James Financial Services Advisors, an estimated $5.02M sold.
Based on aggregated 13F filings for Q4 2020.