First Trust Large Cap Value AlphaDEX Fund
41 hedge funds and large institutions have $279M invested in First Trust Large Cap Value AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 6 reducing their positions, and 6 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
15% more capital invested
Capital invested by funds: $244M → $279M (+$35.5M)
5% more funds holding
Funds holding: 39 → 41 (+2)
0.44% less ownership
Funds ownership: 58.16% → 57.72% (-0.44%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.9M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$3.97M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.37M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$2M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$4.28M |
| 2 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$2.49M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.28M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$846K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$515K |
FTA Hedge Fund Activity: Q3 2013 in Review
41 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2013, worth a combined $279M — up 15% from $244M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTA positions and 6 closed out — a net gain of 3 holders — while 20 added to existing stakes and 6 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.9M. The largest seller was First Trust Advisors, cutting an estimated $4.28M.
- 41 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2013, up from 39 in Q2 2013.
- Funds reported $279M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2013, up 15% quarter-over-quarter.
- 9 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2013 and 6 closed out, a net change of +3 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2013 was Morgan Stanley, an estimated $11.9M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2013 was First Trust Advisors, an estimated $4.28M sold.
Based on aggregated 13F filings for Q3 2013.