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First Trust Large Cap Value AlphaDEX Fund

114 hedge funds and large institutions have $748M invested in First Trust Large Cap Value AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 37 increasing their positions, 51 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.82% more ownership

Funds ownership: 67%67.82% (+0.82%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

4% less capital invested

Capital invested by funds: $779M → $748M (-$30.5M)

7% less funds holding

Funds holding: 122114 (-8)

27% less repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 51

50% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 14

Holders
114
Holders Change
-8
Holders Change %
-6.56%
% of All Funds
2.5%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
7
Increased
37
Reduced
51
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
$200M -$362K -7,053 -0.2%
UBS Group
2
UBS Group
Switzerland
$69.8M -$14.2M -277,134 -17%
TIM
3
Total Investment Management
Arizona
$51.3M -$87.1K -1,699 -0.2%
Wells Fargo
4
Wells Fargo
California
$40.8M -$1.86M -36,282 -4%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$39.7M +$516K +10,070 +1%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$39.5M +$3.92M +76,464 +11%
LPL Financial
7
LPL Financial
California
$38.2M +$597K +11,632 +2%
Bank of America
8
Bank of America
North Carolina
$29.9M +$4.43M +86,442 +18%
PI
9
PFS Investments
Georgia
$26.8M +$2.49M +48,595 +10%
PAG
10
Private Advisor Group
New Jersey
$18.1M -$3.15M -61,448 -15%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$16.3M -$2.55M -49,773 -14%
AG
12
Advisor Group
Arizona
$13.4M +$449K +8,748 +3%
GIA
13
Gladstone Institutional Advisory
Florida
$9.69M +$1.62M +31,579 +20%
RWMH
14
Riverpoint Wealth Management Holdings
Illinois
$9.17M +$93K +1,813 +1%
RJA
15
Raymond James & Associates
Florida
$9.05M -$1.12M -21,933 -11%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$8.14M +$84.7K +1,652 +1%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$7.01M +$529K +10,317 +8%
PCM
18
Peak Capital Management
Colorado
$6.62M +$165K +3,215 +3%
HI
19
Horizon Investments
North Carolina
$5.67M +$226K +4,407 +4%
Janney Montgomery Scott
20
Janney Montgomery Scott
Pennsylvania
$5.56M -$931K -18,159 -14%
SB
21
Suntrust Banks
Georgia
$4.87M +$5.06M +98,697 New
FAAS
22
First Allied Advisory Services
California
$4.71M -$1.45M -28,364 -24%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$4.53M -$353K -6,876 -7%
DADC
24
D.A. Davidson & Co
Montana
$4.41M -$629K -12,255 -13%
FFS
25
Founders Financial Securities
Maryland
$4.33M +$204K +3,979 +5%

FTA Hedge Fund Activity: Q3 2019 in Review

114 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q3 2019, worth a combined $748M — down 3.9% from $779M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FTA and 7 opened new positions — a net loss of 7 holders — while 51 trimmed existing stakes and 37 added.

The largest buyer was Suntrust Banks, opening a new position worth an estimated $5.06M. The largest seller was UBS Group, cutting an estimated $14.2M.

  • 114 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q3 2019, down from 122 in Q2 2019.
  • Funds reported $748M of First Trust Large Cap Value AlphaDEX Fund stock for Q3 2019, down 3.9% quarter-over-quarter.
  • 7 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q3 2019 and 14 closed out, a net change of -7 holders.
  • The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q3 2019 was Suntrust Banks, an estimated $5.06M added.
  • The largest First Trust Large Cap Value AlphaDEX Fund seller in Q3 2019 was UBS Group, an estimated $14.2M sold.

Based on aggregated 13F filings for Q3 2019.