First Trust Large Cap Value AlphaDEX Fund
79 hedge funds and large institutions have $620M invested in First Trust Large Cap Value AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 25 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
28% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 25
5% more funds holding
Funds holding: 75 → 79 (+4)
2% more ownership
Funds ownership: 64.66% → 66.66% (+2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less capital invested
Capital invested by funds: $658M → $620M (-$38.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$42.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.13M |
| 3 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$3.43M |
| 4 |
FA
FDx Advisors
Chicago,
Illinois
|
+$3.22M |
| 5 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$45.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$24M |
| 3 |
Goldman Sachs
New York
|
-$22.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$6.04M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.43M |
FTA Hedge Fund Activity: Q4 2015 in Review
79 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q4 2015, worth a combined $620M — down 5.9% from $658M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FTA positions and 5 closed out — a net gain of 5 holders — while 32 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $42.1M. The largest seller was Morgan Stanley, cutting an estimated $45.3M.
- 79 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q4 2015, up from 75 in Q3 2015.
- Funds reported $620M of First Trust Large Cap Value AlphaDEX Fund stock for Q4 2015, down 5.9% quarter-over-quarter.
- 10 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q4 2015 and 5 closed out, a net change of +5 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q4 2015 was LPL Financial, an estimated $42.1M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q4 2015 was Morgan Stanley, an estimated $45.3M sold.
Based on aggregated 13F filings for Q4 2015.