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First Trust Large Cap Value AlphaDEX Fund

110 hedge funds and large institutions have $818M invested in First Trust Large Cap Value AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 59 increasing their positions, 23 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

157% more repeat investments, than reductions

Existing positions increased: 59 | Existing positions reduced: 23

18% more capital invested

Capital invested by funds: $695M → $818M (+$123M)

1.17% more ownership

Funds ownership: 71.69%72.86% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

3% less funds holding

Funds holding: 113110 (-3)

21% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 14

Holders
110
Holders Change
-3
Holders Change %
-2.65%
% of All Funds
2.51%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
11
Increased
59
Reduced
23
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$216M +$13.8M +254,656 +7%
UBS Group
2
UBS Group
Switzerland
$88.2M -$4.33M -80,030 -5%
Wells Fargo
3
Wells Fargo
California
$75.8M +$6.82M +126,080 +10%
TIM
4
Total Investment Management
Arizona
$46.5M +$46.4M +858,801 New
LPL Financial
5
LPL Financial
California
$42.7M +$1.84M +34,033 +5%
Bank of America
6
Bank of America
North Carolina
$38.5M -$1.1M -20,432 -3%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$37.5M +$8.96M +165,635 +31%
CWM
8
Cornerstone Wealth Management
Missouri
$28.2M -$16.1M -297,875 -17%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$19.4M +$908K +16,789 +5%
PAG
10
Private Advisor Group
New Jersey
$17.7M +$6.89M +127,359 +64%
PI
11
PFS Investments
Georgia
$12.7M +$2.28M +42,087 +22%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$11.5M +$194K +3,595 +2%
RJA
13
Raymond James & Associates
Florida
$10.8M +$1.1M +20,304 +11%
Ameriprise
14
Ameriprise
Minnesota
$10.8M +$10.8K +200 New
RWMH
15
Riverpoint Wealth Management Holdings
Illinois
$9.47M +$142K +2,622 +2%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$9.34M +$3.84M +70,952 +70%
BS
17
Banco Santander
Spain
$9.33M -$425K -7,866 -4%
FAAS
18
First Allied Advisory Services
California
$8.97M +$142K +2,631 +2%
AG
19
Advisor Group
Arizona
$6.68M +$3.52M +65,065 +111%
CCA
20
Clearwater Capital Advisors
Illinois
$5.82M -$34.2K -632 -0.6%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$5.77M +$445K +8,234 +8%
DADC
22
D.A. Davidson & Co
Montana
$4.99M +$198K +3,670 +4%
HFS
23
HL Financial Services
Kentucky
$4.87M +$115K +2,132 +2%
SB
24
Suntrust Banks
Georgia
$4.79M +$988K +18,267 +24%
WI
25
Wintrust Investments
Illinois
$4.25M +$784K +14,491 +23%

FTA Hedge Fund Activity: Q3 2018 in Review

110 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2018, worth a combined $818M — up 18% from $695M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FTA and 11 opened new positions — a net loss of 3 holders — while 23 trimmed existing stakes and 59 added.

The largest buyer was Total Investment Management, opening a new position worth an estimated $46.4M. The largest seller was Cornerstone Wealth Management, cutting an estimated $16.1M.

  • 110 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2018, down from 113 in Q2 2018.
  • Funds reported $818M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2018, up 18% quarter-over-quarter.
  • 11 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2018 and 14 closed out, a net change of -3 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2018 was Total Investment Management, an estimated $46.4M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2018 was Cornerstone Wealth Management, an estimated $16.1M sold.

Based on aggregated 13F filings for Q3 2018.