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First Trust Large Cap Value AlphaDEX Fund

111 hedge funds and large institutions have $675M invested in First Trust Large Cap Value AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

55% more repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 33

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

2% more funds holding

Funds holding: 109111 (+2)

1.15% less ownership

Funds ownership: 65.19%64.04% (-1.1%)

6% less capital invested

Capital invested by funds: $721M → $675M (-$45.5M)

Holders
111
Holders Change
+2
Holders Change %
+1.83%
% of All Funds
2.54%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
11
Increased
51
Reduced
33
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$201M +$1.97M +36,077 +1%
UBS Group
2
UBS Group
Switzerland
$89.3M -$40.5M -741,923 -30%
Wells Fargo
3
Wells Fargo
California
$69.5M +$8.06M +147,747 +13%
LPL Financial
4
LPL Financial
California
$39.5M +$1.71M +31,297 +4%
Bank of America
5
Bank of America
North Carolina
$37.3M -$491K -8,994 -1%
RJFSA
6
Raymond James Financial Services Advisors
Florida
$25.3M +$1.76M +32,310 +7%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$17.6M -$3.62M -66,380 -17%
RJA
8
Raymond James & Associates
Florida
$14.2M +$548K +10,048 +4%
PAG
9
Private Advisor Group
New Jersey
$11.3M +$1.46M +26,818 +14%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$10.5M +$142K +2,600 +1%
BS
11
Banco Santander
Spain
$10M +$469K +8,593 +5%
VFA
12
Voya Financial Advisors
Connecticut
$9.41M -$263K -4,820 -3%
RWMH
13
Riverpoint Wealth Management Holdings
Illinois
$9.14M +$239K +4,372 +3%
FAAS
14
First Allied Advisory Services
California
$7.65M +$706K +12,937 +10%
PI
15
PFS Investments
Georgia
$5.63M +$2.13M +38,963 +58%
CCA
16
Clearwater Capital Advisors
Illinois
$5.58M +$157K +2,884 +3%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$5.21M +$79.5K +1,456 +1%
CA
18
Cetera Advisors
Colorado
$4.99M -$15K -274 -0.3%
MAP
19
Milestone Advisory Partners
North Carolina
$4.76M +$402K +7,357 +9%
HFS
20
HL Financial Services
Kentucky
$4.72M +$222K +4,062 +5%
SB
21
Suntrust Banks
Georgia
$4.63M +$822K +15,063 +20%
DADC
22
D.A. Davidson & Co
Montana
$4.5M +$1.08M +19,842 +30%
HA
23
Hays Advisory
Tennessee
$4.47M -$959K -17,578 -17%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$3.97M +$2.77M +50,659 +205%
WI
25
Wintrust Investments
Illinois
$3.84M +$18.7K +343 +0.5%

FTA Hedge Fund Activity: Q1 2018 in Review

111 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2018, worth a combined $675M — down 6.3% from $721M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FTA positions and 8 closed out — a net gain of 3 holders — while 51 added to existing stakes and 33 trimmed.

The largest buyer was Wells Fargo, adding an estimated $8.06M. The largest seller was UBS Group, cutting an estimated $40.5M.

  • 111 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2018, up from 109 in Q4 2017.
  • Funds reported $675M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2018, down 6.3% quarter-over-quarter.
  • 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2018 and 8 closed out, a net change of +3 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2018 was Wells Fargo, an estimated $8.06M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2018 was UBS Group, an estimated $40.5M sold.

Based on aggregated 13F filings for Q1 2018.