First Trust Large Cap Value AlphaDEX Fund
185 hedge funds and large institutions have $864M invested in First Trust Large Cap Value AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 74 increasing their positions, 66 reducing their positions, and 11 closing their positions.
45% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 11
12% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 66
2% more funds holding
Funds holding: 182 → 185 (+3)
0.64% less ownership
Funds ownership: 72.61% → 71.97% (-0.64%)
4% less capital invested
Capital invested by funds: $898M → $864M (-$34.6M)
38% less funds holding in top 10
Funds holding in top 10: 8 → 5 (-3)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $8.71M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$4.08M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$3.46M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.22M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.8M |
| 5 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$2.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$11.5M |
| 2 |
Morgan Stanley
New York
|
-$11.1M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$9.97M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.78M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$5.76M |
FTA Hedge Fund Activity: Q2 2023 in Review
185 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Value AlphaDEX Fund (FTA) for Q2 2023, worth a combined $864M — down 3.8% from $898M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FTA positions and 11 closed out — a net gain of 5 holders — while 74 added to existing stakes and 66 trimmed.
The largest buyer was Vestmark Advisory Solutions, adding an estimated $4.08M. The largest seller was Cetera Advisor Networks, cutting an estimated $11.5M.
- 185 institutional investors held First Trust Large Cap Value AlphaDEX Fund (FTA) as of Q2 2023, up from 182 in Q1 2023.
- Funds reported $864M of First Trust Large Cap Value AlphaDEX Fund stock for Q2 2023, down 3.8% quarter-over-quarter.
- 16 funds opened new First Trust Large Cap Value AlphaDEX Fund positions in Q2 2023 and 11 closed out, a net change of +5 holders.
- The largest First Trust Large Cap Value AlphaDEX Fund buyer in Q2 2023 was Vestmark Advisory Solutions, an estimated $4.08M added.
- The largest First Trust Large Cap Value AlphaDEX Fund seller in Q2 2023 was Cetera Advisor Networks, an estimated $11.5M sold.
Based on aggregated 13F filings for Q2 2023.