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First Trust Large Cap Value AlphaDEX Fund

90 hedge funds and large institutions have $613M invested in First Trust Large Cap Value AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 26 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

143% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 7

35% more repeat investments, than reductions

Existing positions increased: 35 | Existing positions reduced: 26

11% more funds holding

Funds holding: 8190 (+9)

2% more capital invested

Capital invested by funds: $601M → $613M (+$12.6M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

1.75% less ownership

Funds ownership: 63.54%61.79% (-1.7%)

Holders
90
Holders Change
+9
Holders Change %
+11.11%
% of All Funds
2.24%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
17
Increased
35
Reduced
26
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
$178M -$12.6M -258,825 -7%
UBS Group
2
UBS Group
Switzerland
$112M -$20.9M -429,491 -16%
Wells Fargo
3
Wells Fargo
California
$50.3M +$4.12M +84,856 +9%
LPL Financial
4
LPL Financial
California
$34.8M -$1.1M -22,558 -3%
Bank of America
5
Bank of America
North Carolina
$28.1M -$346K -7,116 -1%
Cambridge Investment Research Advisors
6
Cambridge Investment Research Advisors
Iowa
$23.8M -$4.73M -97,279 -17%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$19.8M +$600K +12,341 +3%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$16.6M -$632K -13,002 -4%
RJA
9
Raymond James & Associates
Florida
$11.7M -$46.7K -960 -0.4%
VFA
10
Voya Financial Advisors
Connecticut
$9.48M -$65.6K -1,350 -0.7%
PAG
11
Private Advisor Group
New Jersey
$9.3M +$194K +3,998 +2%
RWMH
12
Riverpoint Wealth Management Holdings
Illinois
$9.02M +$52.5K +1,080 +0.6%
BS
13
Banco Santander
Spain
$8M +$2.14M +43,967 +37%
HighTower Advisors
14
HighTower Advisors
Illinois
$7.86M +$702K +14,447 +10%
CS
15
Credit Suisse
Switzerland
$6.32M +$5.99M +123,228 +2,524%
CA
16
Cetera Advisors
Colorado
$4.99M +$279K +5,738 +6%
CCA
17
Clearwater Capital Advisors
Illinois
$4.69M +$76.4K +1,573 +2%
HFS
18
HL Financial Services
Kentucky
$4.45M -$344K -7,069 -7%
Commonwealth Equity Services
19
Commonwealth Equity Services
Massachusetts
$4.35M +$803K +16,529 +23%
RIA
20
Regal Investment Advisors
Michigan
$4.24M +$454K +9,343 +12%
Ameriprise
21
Ameriprise
Minnesota
$4.1M +$271K +5,581 +7%
Citadel Advisors
22
Citadel Advisors
Florida
$4.05M +$3.99M +82,180 New
WI
23
Wintrust Investments
Illinois
$3.83M +$793K +16,318 +27%
FAAS
24
First Allied Advisory Services
California
$2.99M -$918K -18,897 -24%
MML Investors Services
25
MML Investors Services
Massachusetts
$2.77M +$2.73M +56,105 New

FTA Hedge Fund Activity: Q1 2017 in Review

90 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2017, worth a combined $613M — up 2.1% from $601M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FTA positions and 7 closed out — a net gain of 10 holders — while 35 added to existing stakes and 26 trimmed.

The largest buyer was Credit Suisse, adding an estimated $5.99M. The largest seller was UBS Group, cutting an estimated $20.9M.

  • 90 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2017, up from 81 in Q4 2016.
  • Funds reported $613M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2017, up 2.1% quarter-over-quarter.
  • 17 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2017 and 7 closed out, a net change of +10 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2017 was Credit Suisse, an estimated $5.99M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2017 was UBS Group, an estimated $20.9M sold.

Based on aggregated 13F filings for Q1 2017.