First Trust Large Cap Value AlphaDEX Fund
97 hedge funds and large institutions have $652M invested in First Trust Large Cap Value AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 40 increasing their positions, 31 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
29% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 31
7% more funds holding
Funds holding: 91 → 97 (+6)
6% more capital invested
Capital invested by funds: $614M → $652M (+$37.5M)
0.97% more ownership
Funds ownership: 61.87% → 62.84% (+0.97%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$10.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.63M |
| 3 |
Morgan Stanley
New York
|
+$6.09M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.9M |
| 5 |
IH
IFC Holdings
Tampa,
Florida
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.32M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.82M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$2.42M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
-$2.33M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$586K |
FTA Hedge Fund Activity: Q2 2017 in Review
97 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q2 2017, worth a combined $652M — up 6.1% from $614M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FTA positions and 7 closed out — a net gain of 6 holders — while 40 added to existing stakes and 31 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $10.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $6.32M sold.
- 97 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q2 2017, up from 91 in Q1 2017.
- Funds reported $652M of First Trust Large Cap Value AlphaDEX Fund stock for Q2 2017, up 6.1% quarter-over-quarter.
- 13 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q2 2017 and 7 closed out, a net change of +6 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q2 2017 was Hays Advisory, an estimated $10.8M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q2 2017 was Credit Suisse, an estimated $6.32M sold.
Based on aggregated 13F filings for Q2 2017.