First Trust Large Cap Value AlphaDEX Fund
75 hedge funds and large institutions have $658M invested in First Trust Large Cap Value AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
3% more funds holding
Funds holding: 73 → 75 (+2)
2.5% more ownership
Funds ownership: 62.16% → 64.66% (+2.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $754M → $658M (-$95.9M)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$19.1M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$15M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$9.75M |
| 4 |
Goldman Sachs
New York
|
+$5.93M |
| 5 |
Jane Street
New York
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$14.8M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$9.89M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$7.32M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$7.04M |
FTA Hedge Fund Activity: Q3 2015 in Review
75 of the 3,590 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 $658M — down 13% from $754M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTA positions and 6 closed out — a net gain of 4 holders — while 26 added to existing stakes and 31 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.
- 75 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2015, up from 73 in Q2 2015.
- Funds reported $658M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2015, down 13% quarter-over-quarter.
- 10 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2015 and 6 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.