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First Trust Large Cap Value AlphaDEX Fund

74 hedge funds and large institutions have $657M invested in First Trust Large Cap Value AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

57% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 7

3% more funds holding

Funds holding: 7274 (+2)

2.43% more ownership

Funds ownership: 62.13%64.56% (+2.4%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

13% less capital invested

Capital invested by funds: $753M → $657M (-$95.8M)

17% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 30

Holders
74
Holders Change
+2
Holders Change %
+2.78%
% of All Funds
2.07%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
11
Increased
25
Reduced
30
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
$217M -$19.8M -491,437 -8%
UBS Group
2
UBS Group
Switzerland
$118M -$7.04M -174,765 -5%
Bank of America
3
Bank of America
North Carolina
$52.6M -$14.8M -367,032 -21%
LPL Financial
4
LPL Financial
California
$45.4M -$6.62M -164,158 -12%
Wells Fargo
5
Wells Fargo
California
$34.5M -$7.32M -181,559 -17%
Goldman Sachs
6
Goldman Sachs
New York
$22.8M +$5.93M +147,238 +32%
RJA
7
Raymond James & Associates
Florida
$20.8M -$9.89M -245,483 -31%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$19.1M +$19.1M +472,979 +1,405%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$14.6M +$15M +372,023 +2,732%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$11.3M +$673K +16,696 +6%
Ameriprise
11
Ameriprise
Minnesota
$10.5M +$1.05M +25,945 +10%
CS
12
Credit Suisse
Switzerland
$9.13M +$9.75M +241,925 New
HI
13
Horizon Investments
North Carolina
$7.66M +$3.62M +89,876 +80%
Baird Financial Group
14
Baird Financial Group
Wisconsin
$7.52M +$603K +14,960 +8%
CA
15
Cetera Advisors
Colorado
$6.27M -$4.09M -101,477 -38%
HighTower Advisors
16
HighTower Advisors
Illinois
$5.54M +$85.1K +2,111 +1%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$4.44M +$499K +12,382 +12%
SI
18
Stephens Inc
Arkansas
$4.31M +$411K +10,196 +10%
Jane Street
19
Jane Street
New York
$3.84M +$4.1M +101,610 New
HFS
20
HL Financial Services
Kentucky
$3.39M -$57.3K -1,421 -2%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$2.86M +$38K +942 +1%
VFA
22
Voya Financial Advisors
Connecticut
$2.78M -$3.14K -78 -0.1%
AIG
23
American International Group
New York
$2.65M +$437K +10,848 +18%
AIM
24
Aspen Investment Management
Michigan
$2.6M -$149K -3,690 -5%
OC
25
Oppenheimer & Co
New York
$2.33M -$788K -19,543 -24%

FTA Hedge Fund Activity: Q3 2015 in Review

74 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2015, worth a combined $657M — down 13% from $753M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FTA positions and 7 closed out — a net gain of 4 holders — while 25 added to existing stakes and 30 trimmed.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $19.1M. The largest seller was Morgan Stanley, cutting an estimated $19.8M.

  • 74 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2015, up from 72 in Q2 2015.
  • Funds reported $657M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2015, down 13% quarter-over-quarter.
  • 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2015 and 7 closed out, a net change of +4 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2015 was Cambridge Investment Research Advisors, an estimated $19.1M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2015 was Morgan Stanley, an estimated $19.8M sold.

Based on aggregated 13F filings for Q3 2015.