First Trust Large Cap Value AlphaDEX Fund
113 hedge funds and large institutions have $366M invested in First Trust Large Cap Value AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 19 increasing their positions, 61 reducing their positions, and 12 closing their positions.
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
1.44% more ownership
Funds ownership: 59.24% → 60.68% (+1.4%)
1% more funds holding
Funds holding: 112 → 113 (+1)
3% less capital invested
Capital invested by funds: $376M → $366M (-$9.55M)
69% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 61
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.93M |
| 2 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$3.59M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.55M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.05M |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
+$883K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$36.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.05M |
| 3 |
Morgan Stanley
New York
|
-$6.88M |
| 4 |
LPL Financial
San Diego,
California
|
-$5.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.91M |
FTA Hedge Fund Activity: Q2 2020 in Review
113 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q2 2020, worth a combined $366M — down 2.5% from $376M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FTA positions and 12 closed out — a net gain of 3 holders — while 19 added to existing stakes and 61 trimmed.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $8.93M. The largest seller was Total Investment Management, exiting entirely with an estimated $36.7M sold.
- 113 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q2 2020, up from 112 in Q1 2020.
- Funds reported $366M of First Trust Large Cap Value AlphaDEX Fund stock for Q2 2020, down 2.5% quarter-over-quarter.
- 15 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q2 2020 and 12 closed out, a net change of +3 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q2 2020 was Raymond James Financial Services Advisors, an estimated $8.93M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q2 2020 was Total Investment Management, an estimated $36.7M sold.
Based on aggregated 13F filings for Q2 2020.