First Trust Large Cap Value AlphaDEX Fund
133 hedge funds and large institutions have $696M invested in First Trust Large Cap Value AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 63 increasing their positions, 36 reducing their positions, and 19 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 36
8% more capital invested
Capital invested by funds: $647M → $696M (+$48.6M)
5.01% less ownership
Funds ownership: 71% → 65.98% (-5%)
6% less funds holding
Funds holding: 141 → 133 (-8)
37% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$28.5M |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$12.8M |
| 3 |
LPL Financial
San Diego,
California
|
+$10.3M |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$5.55M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
-$36.7M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$5.21M |
| 3 |
CAS
Cascadia Advisory Services
Portland,
Oregon
|
-$5.19M |
| 4 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$3.22M |
| 5 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$2.05M |
FTA Hedge Fund Activity: Q2 2021 in Review
133 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q2 2021, worth a combined $696M — up 7.5% from $647M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FTA and 12 opened new positions — a net loss of 7 holders — while 36 trimmed existing stakes and 63 added.
The largest buyer was Morgan Stanley, adding an estimated $28.5M. The largest seller was Total Investment Management, exiting entirely with an estimated $36.7M sold.
- 133 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q2 2021, down from 141 in Q1 2021.
- Funds reported $696M of First Trust Large Cap Value AlphaDEX Fund stock for Q2 2021, up 7.5% quarter-over-quarter.
- 12 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q2 2021 and 19 closed out, a net change of -7 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q2 2021 was Morgan Stanley, an estimated $28.5M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q2 2021 was Total Investment Management, an estimated $36.7M sold.
Based on aggregated 13F filings for Q2 2021.