First Trust Large Cap Value AlphaDEX Fund
67 hedge funds and large institutions have $631M invested in First Trust Large Cap Value AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 33 increasing their positions, 14 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
136% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 14
14% more capital invested
Capital invested by funds: $553M → $631M (+$77.2M)
12% more funds holding
Funds holding: 60 → 67 (+7)
0.4% less ownership
Funds ownership: 55.25% → 54.85% (-0.4%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$22.6M |
| 2 |
Morgan Stanley
New York
|
+$19.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$11.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$10.7M |
| 5 |
ICM
ICC Capital Management
Orlando,
Florida
|
+$6.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$821K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$623K |
| 3 |
BAS
Brown Advisory Securities
Baltimore,
Maryland
|
-$281K |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$125K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$121K |
FTA Hedge Fund Activity: Q3 2014 in Review
67 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2014, worth a combined $631M — up 14% from $553M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FTA positions and 4 closed out — a net gain of 7 holders — while 33 added to existing stakes and 14 trimmed.
The largest buyer was UBS, adding an estimated $22.6M. The largest seller was BlackRock Institutional Trust, exiting entirely with an estimated $821K sold.
- 67 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2014, up from 60 in Q2 2014.
- Funds reported $631M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2014, up 14% quarter-over-quarter.
- 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2014 and 4 closed out, a net change of +7 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2014 was UBS, an estimated $22.6M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2014 was BlackRock Institutional Trust, an estimated $821K sold.
Based on aggregated 13F filings for Q3 2014.