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First Trust Large Cap Value AlphaDEX Fund

72 hedge funds and large institutions have $753M invested in First Trust Large Cap Value AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 27 increasing their positions, 29 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

0.92% less ownership

Funds ownership: 63.05%62.13% (-0.92%)

4% less capital invested

Capital invested by funds: $783M → $753M (-$30.1M)

7% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 29

1% less funds holding

Funds holding: 7372 (-1)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
72
Holders Change
-1
Holders Change %
-1.37%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
27
Reduced
29
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$265M -$46.2M -1,040,887 -14%
UBS Group
2
UBS Group
Switzerland
$140M +$55.8M +1,257,176 +62%
Bank of America
3
Bank of America
North Carolina
$74.8M +$3.21M +72,283 +4%
LPL Financial
4
LPL Financial
California
$55.9M +$674K +15,188 +1%
Wells Fargo
5
Wells Fargo
California
$46.5M -$3.3M -74,388 -6%
RJA
6
Raymond James & Associates
Florida
$33.8M +$925K +20,847 +3%
Goldman Sachs
7
Goldman Sachs
New York
$19.4M
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$12.1M -$979K -22,077 -7%
CA
9
Cetera Advisors
Colorado
$11.4M +$661K +14,915 +6%
Ameriprise
10
Ameriprise
Minnesota
$10.6M +$1.12M +25,223 +11%
Baird Financial Group
11
Baird Financial Group
Wisconsin
$7.82M +$8.17M +184,117 New
HighTower Advisors
12
HighTower Advisors
Illinois
$6.15M +$659K +14,861 +11%
MAA
13
Managed Account Advisors
New Jersey
$5.68M +$1.65M +37,285 +39%
HI
14
Horizon Investments
North Carolina
$4.8M +$967K +21,796 +24%
Janney Montgomery Scott
15
Janney Montgomery Scott
Pennsylvania
$4.47M +$703K +15,862 +18%
SI
16
Stephens Inc
Arkansas
$4.41M +$87.7K +1,977 +2%
HFS
17
HL Financial Services
Kentucky
$3.87M -$129K -2,917 -3%
OC
18
Oppenheimer & Co
New York
$3.44M -$642K -14,466 -15%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$3.18M +$210K +4,735 +7%
VFA
20
Voya Financial Advisors
Connecticut
$3.17M -$7.27M -164,028 -69%
AIM
21
Aspen Investment Management
Michigan
$3.08M -$31K -700 -1%
AIG
22
American International Group
New York
$2.51M -$185K -4,179 -7%
Citigroup
23
Citigroup
New York
$2.26M -$206K -4,649 -8%
FAAS
24
First Allied Advisory Services
California
$2.11M -$88.9K -2,004 -4%
MFS
25
MSI Financial Services
Massachusetts
$2.06M +$353K +7,967 +20%

FTA Hedge Fund Activity: Q2 2015 in Review

72 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q2 2015, worth a combined $753M — down 3.8% from $783M a quarter earlier.

Fund positioning in FTA was balanced in Q2 2015: 7 funds opened new positions, 7 closed out, 27 added to existing stakes and 29 trimmed.

The largest buyer was UBS Group, adding an estimated $55.8M. The largest seller was Morgan Stanley, cutting an estimated $46.2M.

  • 72 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q2 2015, down from 73 in Q1 2015.
  • Funds reported $753M of First Trust Large Cap Value AlphaDEX Fund stock for Q2 2015, down 3.8% quarter-over-quarter.
  • 7 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q2 2015 and 7 closed out, a net change of 0 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q2 2015 was UBS Group, an estimated $55.8M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q2 2015 was Morgan Stanley, an estimated $46.2M sold.

Based on aggregated 13F filings for Q2 2015.