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First Trust Large Cap Value AlphaDEX Fund

75 hedge funds and large institutions have $488M invested in First Trust Large Cap Value AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 23 increasing their positions, 35 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% less capital invested

Capital invested by funds: $488M → $488M (-$427K)

3.86% less ownership

Funds ownership: 59.78%55.92% (-3.9%)

5% less funds holding

Funds holding: 7975 (-4)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

34% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 35

Holders
75
Holders Change
-4
Holders Change %
-5.06%
% of All Funds
2%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
23
Reduced
35
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$155M -$4.71M -112,184 -3%
UBS Group
2
UBS Group
Switzerland
$102M -$6.3M -150,117 -6%
LPL Financial
3
LPL Financial
California
$31.5M -$2.49M -59,468 -7%
Wells Fargo
4
Wells Fargo
California
$29.2M +$1.13M +26,939 +4%
Cambridge Investment Research Advisors
5
Cambridge Investment Research Advisors
Iowa
$26.6M +$2.25M +53,565 +9%
Bank of America
6
Bank of America
North Carolina
$22.7M -$5.76M -137,302 -21%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$15.2M +$401K +9,564 +3%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$13.3M +$228K +5,445 +2%
VFA
9
Voya Financial Advisors
Connecticut
$8.21M -$2.31M -55,061 -22%
RJA
10
Raymond James & Associates
Florida
$7.7M +$2.49M +59,316 +49%
PAG
11
Private Advisor Group
New Jersey
$7.46M +$211K +5,024 +3%
HighTower Advisors
12
HighTower Advisors
Illinois
$6.34M -$1.48M -35,222 -19%
Ameriprise
13
Ameriprise
Minnesota
$5.39M -$349K -8,311 -6%
HFS
14
HL Financial Services
Kentucky
$4.46M -$123K -2,921 -3%
CA
15
Cetera Advisors
Colorado
$4.23M -$602K -14,355 -13%
SG Americas Securities
16
SG Americas Securities
New York
$4.07M +$2.61M +62,294 +187%
CCA
17
Clearwater Capital Advisors
Illinois
$3.9M -$58.9K -1,405 -2%
CS
18
Credit Suisse
Switzerland
$3.31M -$3.11M -74,176 -49%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$3.06M -$15.4K -367 -0.5%
MFS
20
MSI Financial Services
Massachusetts
$2.81M +$268K +6,398 +11%
FAAS
21
First Allied Advisory Services
California
$2.67M +$67.2K +1,602 +3%
CAN
22
Cetera Advisor Networks
California
$2.14M +$979K +23,329 +87%
AG
23
Advisor Group
Arizona
$1.92M -$284K -6,765 -13%
OC
24
Oppenheimer & Co
New York
$1.9M +$74.1K +1,766 +4%
VKH
25
Virtu KCG Holdings
New York
$1.85M +$280K +6,667 +18%

FTA Hedge Fund Activity: Q3 2016 in Review

75 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2016, worth a combined $488M — down 0.09% from $488M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FTA and 4 opened new positions — a net loss of 2 holders — while 35 trimmed existing stakes and 23 added.

The largest buyer was SG Americas Securities, adding an estimated $2.61M. The largest seller was Horizon Investments, cutting an estimated $7.32M.

  • 75 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2016, down from 79 in Q2 2016.
  • Funds reported $488M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2016, down 0.09% quarter-over-quarter.
  • 4 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2016 and 6 closed out, a net change of -2 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2016 was SG Americas Securities, an estimated $2.61M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2016 was Horizon Investments, an estimated $7.32M sold.

Based on aggregated 13F filings for Q3 2016.