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First Trust Large Cap Value AlphaDEX Fund

53 hedge funds and large institutions have $457M invested in First Trust Large Cap Value AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 28 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

400% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 2

211% more repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 9

26% more capital invested

Capital invested by funds: $362M → $457M (+$94.8M)

18% more funds holding

Funds holding: 4553 (+8)

2.11% more ownership

Funds ownership: 57.03%59.14% (+2.1%)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

Holders
53
Holders Change
+8
Holders Change %
+17.78%
% of All Funds
1.53%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
10
Increased
28
Reduced
9
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$210M +$29.1M +733,146 +17%
Bank of America
2
Bank of America
North Carolina
$56.7M +$21M +527,713 +62%
LPL Financial
3
LPL Financial
California
$35.6M +$8.86M +222,806 +35%
U
4
UBS
Switzerland
$33.7M +$4.85M +121,991 +18%
Wells Fargo
5
Wells Fargo
California
$23.5M -$2.66M -66,967 -11%
RJA
6
Raymond James & Associates
Florida
$18.7M +$1.21M +30,443 +7%
CA
7
Cetera Advisors
Colorado
$12.6M +$479K +12,050 +4%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$9.2M +$2.05M +51,463 +30%
BTS
9
BB&T Securities
Virginia
$6.68M +$1.63K +41 +0.3%
ICM
10
ICC Capital Management
Florida
$5.98M +$5.76M +145,000 New
Ameriprise
11
Ameriprise
Minnesota
$4.47M +$357K +8,983 +9%
SI
12
Stephens Inc
Arkansas
$3.6M +$3.47M +87,360 New
HFS
13
HL Financial Services
Kentucky
$3.49M -$96.1K -2,418 -3%
Citigroup
14
Citigroup
New York
$3.42M +$3.1M +77,890 +1,537%
AIM
15
Aspen Investment Management
Michigan
$3.29M +$126K +3,171 +4%
Deutsche Bank
16
Deutsche Bank
Germany
$2.37M +$2.1M +52,946 +1,190%
AIG
17
American International Group
New York
$2.34M +$64.1K +1,612 +3%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$2.19M +$928K +23,339 +78%
First Trust Advisors
19
First Trust Advisors
Illinois
$2.17M -$403K -10,127 -16%
OC
20
Oppenheimer & Co
New York
$1.98M +$94.3K +2,372 +5%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$1.72M -$582K -14,632 -26%
B
22
Baird
Wisconsin
$1.56M +$340K +8,545 +29%
Goldman Sachs
23
Goldman Sachs
New York
$1.32M -$2.46K -62 -0.2%
BIT
24
BlackRock Institutional Trust
California
$1.22M +$1.18M +29,680 New
CAN
25
Cetera Advisor Networks
California
$1.21M +$637K +16,015 +120%

FTA Hedge Fund Activity: Q1 2014 in Review

53 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2014, worth a combined $457M — up 26% from $362M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FTA positions and 2 closed out — a net gain of 8 holders — while 28 added to existing stakes and 9 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $29.1M. The largest seller was Wells Fargo, cutting an estimated $2.66M.

  • 53 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2014, up from 45 in Q4 2013.
  • Funds reported $457M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2014, up 26% quarter-over-quarter.
  • 10 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2014 and 2 closed out, a net change of +8 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2014 was Morgan Stanley, an estimated $29.1M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2014 was Wells Fargo, an estimated $2.66M sold.

Based on aggregated 13F filings for Q1 2014.