First Trust Large Cap Value AlphaDEX Fund
194 hedge funds and large institutions have $978M invested in First Trust Large Cap Value AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 56 increasing their positions, 86 reducing their positions, and 14 closing their positions.
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
22% more capital invested
Capital invested by funds: $802M → $978M (+$176M)
14.15% more ownership
Funds ownership: 69.75% → 83.9% (+14%)
7% more funds holding
Funds holding: 182 → 194 (+12)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
35% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 86
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$135M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$4.73M |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$3.52M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.2M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.34M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IP
201
Ignite Planners
San Clemente,
California
| – | -$573K | -9,088 | Closed |
|
|
FCM
202
Family Capital Management
Grand Rapids,
Michigan
| – | -$331K | -5,105 | Closed |
|
|
FHC
203
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$322K | -4,969 | Closed |
|
204
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$276K | -4,263 | Closed |
|
|
KAS
205
KPP Advisory Services
Louisville,
Kentucky
| – | -$271K | -4,186 | Closed |
|
|
SWM
206
SeaCrest Wealth Management
Purchase,
New York
| – | -$242K | -3,729 | Closed |
|
|
6F
207
626 Financial
Portage,
Michigan
| – | -$218K | -3,367 | Closed |
|
|
CIA
208
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$23.8K | -367 | Closed |
|
209
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$20.7K | -320 | Closed |
|
|
TWM
210
Tradition Wealth Management
Edina,
Minnesota
| – | -$3K | -49 | Closed |
|
FTA Hedge Fund Activity: Q4 2023 in Review
194 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2023, worth a combined $978M — up 22% from $802M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FTA positions and 14 closed out — a net gain of 13 holders — while 56 added to existing stakes and 86 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $135M. The largest seller was Envestnet Asset Management, cutting an estimated $9.56M.
- 194 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2023, up from 182 in Q3 2023.
- Funds reported $978M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2023, up 22% quarter-over-quarter.
- 27 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2023 and 14 closed out, a net change of +13 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $135M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2023 was Envestnet Asset Management, an estimated $9.56M sold.
Based on aggregated 13F filings for Q4 2023.