First Trust Large Cap Value AlphaDEX Fund
182 hedge funds and large institutions have $898M invested in First Trust Large Cap Value AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 77 increasing their positions, 63 reducing their positions, and 13 closing their positions.
46% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 13
22% more repeat investments, than reductions
Existing positions increased: 77 | Existing positions reduced: 63
5% more capital invested
Capital invested by funds: $854M → $898M (+$44M)
1.02% more ownership
Funds ownership: 71.6% → 72.61% (+1%)
1% more funds holding
Funds holding: 181 → 182 (+1)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$13.7M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$12.6M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$10.2M |
| 4 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
+$7.18M |
| 5 |
MHB
Midwest Heritage Bank
West Des Moines,
Iowa
|
+$6.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kaydan Wealth Management
Fenton,
Michigan
|
-$19.1M |
| 2 |
Morgan Stanley
New York
|
-$16M |
| 3 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$6.11M |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$3.67M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.61M |
FTA Hedge Fund Activity: Q1 2023 in Review
182 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q1 2023, worth a combined $898M — up 5.2% from $854M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FTA positions and 13 closed out — a net gain of 6 holders — while 77 added to existing stakes and 63 trimmed.
The largest buyer was Integrated Wealth Concepts, adding an estimated $13.7M. The largest seller was Kaydan Wealth Management, cutting an estimated $19.1M.
- 182 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q1 2023, up from 181 in Q4 2022.
- Funds reported $898M of First Trust Large Cap Value AlphaDEX Fund stock for Q1 2023, up 5.2% quarter-over-quarter.
- 19 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q1 2023 and 13 closed out, a net change of +6 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q1 2023 was Integrated Wealth Concepts, an estimated $13.7M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q1 2023 was Kaydan Wealth Management, an estimated $19.1M sold.
Based on aggregated 13F filings for Q1 2023.