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First Trust Large Cap Value AlphaDEX Fund

45 hedge funds and large institutions have $362M invested in First Trust Large Cap Value AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 8

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

27% more capital invested

Capital invested by funds: $285M → $362M (+$77.7M)

10% more funds holding

Funds holding: 4145 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.69% less ownership

Funds ownership: 57.72%57.03% (-0.69%)

Holders
45
Holders Change
+4
Holders Change %
+9.76%
% of All Funds
1.31%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
9
Increased
24
Reduced
8
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$175M +$22.6M +582,517 +15%
Bank of America
2
Bank of America
North Carolina
$34M +$2.86M +73,814 +10%
U
3
UBS
Switzerland
$28M +$6.38M +164,463 +31%
LPL Financial
4
LPL Financial
California
$25.7M +$2.28M +58,802 +10%
Wells Fargo
5
Wells Fargo
California
$25.6M +$3.01M +77,619 +14%
RJA
6
Raymond James & Associates
Florida
$17M +$10.9M +282,012 +200%
CA
7
Cetera Advisors
Colorado
$11.8M +$695K +17,918 +6%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$6.9M +$732K +18,879 +12%
BTS
9
BB&T Securities
Virginia
$6.5M -$33.2K -857 -5%
Ameriprise
10
Ameriprise
Minnesota
$4.01M +$869K +22,392 +29%
HFS
11
HL Financial Services
Kentucky
$3.5M +$80.6K +2,077 +2%
AIM
12
Aspen Investment Management
Michigan
$3.08M +$41.9K +1,080 +1%
First Trust Advisors
13
First Trust Advisors
Illinois
$2.53M -$628K -16,185 -20%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$2.27M +$66.9K +1,724 +3%
AIG
15
American International Group
New York
$2.22M +$55.6K +1,432 +3%
OC
16
Oppenheimer & Co
New York
$1.84M +$166K +4,280 +10%
VFS
17
VSR Financial Services
Kansas
$1.8M -$792K -20,418 -31%
Goldman Sachs
18
Goldman Sachs
New York
$1.29M -$1.86K -48 -0.1%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$1.2M +$368K +9,484 +47%
B
20
Baird
Wisconsin
$1.17M +$152K +3,916 +16%
CS
21
Comerica Securities
Michigan
$923K +$282K +7,276 +46%
MPI
22
Mairs & Power Inc
Minnesota
$801K +$773K +19,919 New
William Blair & Company
23
William Blair & Company
Illinois
$659K -$110K -2,836 -15%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$613K +$592K +15,254 New
CAN
25
Cetera Advisor Networks
California
$536K +$518K +13,350 New

FTA Hedge Fund Activity: Q4 2013 in Review

45 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2013, worth a combined $362M — up 27% from $285M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FTA positions and 4 closed out — a net gain of 5 holders — while 24 added to existing stakes and 8 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $22.6M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.84M sold.

  • 45 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2013, up from 41 in Q3 2013.
  • Funds reported $362M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2013, up 27% quarter-over-quarter.
  • 9 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of +5 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2013 was Morgan Stanley, an estimated $22.6M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2013 was Susquehanna International Group, an estimated $1.84M sold.

Based on aggregated 13F filings for Q4 2013.