First Trust Large Cap Value AlphaDEX Fund
181 hedge funds and large institutions have $854M invested in First Trust Large Cap Value AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 69 increasing their positions, 59 reducing their positions, and 6 closing their positions.
450% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 6
50% more funds holding in top 10
Funds holding in top 10: 6 → 9 (+3)
24% more capital invested
Capital invested by funds: $689M → $854M (+$165M)
17% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 59
17% more funds holding
Funds holding: 155 → 181 (+26)
3.29% more ownership
Funds ownership: 68.3% → 71.6% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kaydan Wealth Management
Fenton,
Michigan
|
+$18.5M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$12.7M |
| 3 |
Morgan Stanley
New York
|
+$10M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$5.25M |
| 5 |
SAM
Secure Asset Management
Troy,
Michigan
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$3.6M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.71M |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
-$974K |
| 4 |
GSC
G&S Capital
Denver,
Colorado
|
-$949K |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$931K |
FTA Hedge Fund Activity: Q4 2022 in Review
181 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2022, worth a combined $854M — up 24% from $689M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new FTA positions and 6 closed out — a net gain of 27 holders — while 69 added to existing stakes and 59 trimmed.
The largest buyer was Kaydan Wealth Management, opening a new position worth an estimated $18.5M. The largest seller was Bank of America, cutting an estimated $3.6M.
- 181 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2022, up from 155 in Q3 2022.
- Funds reported $854M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2022, up 24% quarter-over-quarter.
- 33 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2022 and 6 closed out, a net change of +27 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2022 was Kaydan Wealth Management, an estimated $18.5M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2022 was Bank of America, an estimated $3.6M sold.
Based on aggregated 13F filings for Q4 2022.