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First Trust Large Cap Value AlphaDEX Fund

66 hedge funds and large institutions have $640M invested in First Trust Large Cap Value AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 32 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

129% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 14

120% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 5

13% more capital invested

Capital invested by funds: $564M → $640M (+$76M)

10% more funds holding

Funds holding: 6066 (+6)

0.5% less ownership

Funds ownership: 55.25%54.75% (-0.5%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
66
Holders Change
+6
Holders Change %
+10%
% of All Funds
1.92%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
11
Increased
32
Reduced
14
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$271M +$19.5M +448,660 +8%
Bank of America
2
Bank of America
North Carolina
$75.9M +$11.2M +257,397 +17%
U
3
UBS
Switzerland
$70.9M +$22.6M +520,985 +45%
LPL Financial
4
LPL Financial
California
$43.1M +$5.81M +133,929 +15%
Wells Fargo
5
Wells Fargo
California
$42.6M +$10.7M +247,648 +33%
RJA
6
Raymond James & Associates
Florida
$23.8M +$2.84M +65,403 +13%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$17.1M +$84.3K +1,944 +0.5%
CA
8
Cetera Advisors
Colorado
$12.6M +$587K +13,529 +5%
BTS
9
BB&T Securities
Virginia
$12.2M +$24K +554 +2%
Ameriprise
10
Ameriprise
Minnesota
$7.05M +$339K +7,807 +5%
ICM
11
ICC Capital Management
Florida
$6.37M +$6.51M +150,000 New
B
12
Baird
Wisconsin
$4.62M +$2.89M +66,698 +158%
HighTower Advisors
13
HighTower Advisors
Illinois
$4.48M +$4.57M +105,396 New
SI
14
Stephens Inc
Arkansas
$4.26M +$192K +4,432 +5%
OC
15
Oppenheimer & Co
New York
$3.74M +$1.04M +23,867 +37%
Citigroup
16
Citigroup
New York
$3.61M +$24.5K +564 +0.7%
HFS
17
HL Financial Services
Kentucky
$3.52M -$11.5K -265 -0.3%
AIM
18
Aspen Investment Management
Michigan
$3.06M -$16.5K -380 -0.5%
Janney Montgomery Scott
19
Janney Montgomery Scott
Pennsylvania
$2.98M +$570K +13,147 +23%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$2.52M -$66.6K -1,535 -3%
FAAS
21
First Allied Advisory Services
California
$2.28M +$1.4M +32,377 +153%
Deutsche Bank
22
Deutsche Bank
Germany
$2.19M -$125K -2,889 -5%
AIG
23
American International Group
New York
$2.17M +$171K +3,939 +8%
First Trust Advisors
24
First Trust Advisors
Illinois
$1.63M -$17.7K -409 -1%
Jane Street
25
Jane Street
New York
$1.6M +$1.63M +37,603 New

FTA Hedge Fund Activity: Q3 2014 in Review

66 of the 3,446 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 $640M — up 13% from $564M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FTA positions and 5 closed out — a net gain of 6 holders — while 32 added to existing stakes and 14 trimmed.

The largest buyer was UBS, adding an estimated $22.6M. The largest seller was Comerica Securities, exiting entirely with an estimated $1.05M sold.

  • 66 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2014, up from 60 in Q2 2014.
  • Funds reported $640M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2014, up 13% quarter-over-quarter.
  • 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2014 and 5 closed out, a net change of +6 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 Comerica Securities, an estimated $1.05M sold.

Based on aggregated 13F filings for Q3 2014.