First Trust Large Cap Value AlphaDEX Fund
204 hedge funds and large institutions have $885M invested in First Trust Large Cap Value AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 74 increasing their positions, 81 reducing their positions, and 8 closing their positions.
163% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 8
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
5% more funds holding
Funds holding: 194 → 204 (+10)
9% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 81
9% less capital invested
Capital invested by funds: $978M → $885M (-$92.7M)
12.53% less ownership
Funds ownership: 83.9% → 71.37% (-13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kaydan Wealth Management
Fenton,
Michigan
|
+$20.6M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$12.7M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.47M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$3.29M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$181M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.59M |
| 3 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$5.28M |
| 4 |
Goldman Sachs
New York
|
-$4.55M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.25M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GI
201
GAMMA Investing
Foster City,
California
| $7.1K | – | – | – |
|
|
KFI
202
Key Financial Inc
West Chester,
Pennsylvania
| $3.51K | – | – | – |
|
|
SIS
203
Sound Income Strategies
Ft Lauderdale,
Florida
| $3.37K | +$3.16K | +44 | New |
|
|
S
204
SignatureFD
Atlanta,
Georgia
| $3.06K | +$2.87K | +40 | New |
|
|
PA
205
Parallel Advisors
San Francisco,
California
| $1.99K | – | – | – |
|
|
206
Goldman Sachs
New York
| – | -$4.55M | -64,283 | Closed |
|
|
FTUS
207
Flow Traders U.S.
New York
| – | -$824K | -11,636 | Closed |
|
|
WDL
208
Well Done LLC
Holland,
Michigan
| – | -$521K | -7,351 | Closed |
|
209
Koshinski Asset Management
Decatur,
Illinois
| – | -$387K | -5,464 | Closed |
|
|
CAM
210
Concorde Asset Management
Ann Arbor,
Michigan
| – | -$367K | -5,177 | Closed |
|
|
BTI
211
Blue Trust Inc
Alpharetta,
Georgia
| – | -$110K | -1,698 | Closed |
|
|
MPWT
212
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| – | -$74.2K | -1,048 | Closed |
|
|
MFT
213
Moisand Fitzgerald Tamayo
Orlando,
Florida
| – | -$31.7K | -448 | Closed |
|
FTA Hedge Fund Activity: Q1 2024 in Review
204 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2024, worth a combined $885M — down 9.5% from $978M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FTA positions and 8 closed out — a net gain of 13 holders — while 74 added to existing stakes and 81 trimmed.
The largest buyer was Kaydan Wealth Management, opening a new position worth an estimated $20.6M. The largest seller was Morgan Stanley, cutting an estimated $181M.
- 204 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2024, up from 194 in Q4 2023.
- Funds reported $885M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2024, down 9.5% quarter-over-quarter.
- 21 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2024 and 8 closed out, a net change of +13 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2024 was Kaydan Wealth Management, an estimated $20.6M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2024.