First Trust Large Cap Growth AlphaDEX Fund
26 hedge funds and large institutions have $115M invested in First Trust Large Cap Growth AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
50% more capital invested
Capital invested by funds: $76.7M → $115M (+$38.1M)
6.22% more ownership
Funds ownership: 43.39% → 49.61% (+6.2%)
4% less funds holding
Funds holding: 27 → 26 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$11.1M |
| 2 |
Morgan Stanley
New York
|
+$7.81M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.94M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.32M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$2.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.45M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$679K |
| 3 |
Comerica Bank
Dallas,
Texas
|
-$345K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$315K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$229K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $16K | -$15.7K | -403 | -50% |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| – | -$679K | -18,274 | Closed |
|
|
28
Comerica Bank
Dallas,
Texas
| – | -$345K | -9,293 | Closed |
|
|
ICOA
29
Investment Centers of America
Bismarck,
North Dakota
| – | -$315K | -8,448 | Closed |
|
|
TH
30
Timber Hill
Greenwich,
Connecticut
| – | -$200K | -5,390 | Closed |
|
FTC Hedge Fund Activity: Q4 2013 in Review
26 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q4 2013, worth a combined $115M — up 50% from $76.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FTC and 3 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 16 added.
The largest buyer was UBS, adding an estimated $11.1M. The largest seller was Royal Bank of Canada, cutting an estimated $1.45M.
- 26 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $115M of First Trust Large Cap Growth AlphaDEX Fund stock for Q4 2013, up 50% quarter-over-quarter.
- 3 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of -1 holder.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q4 2013 was UBS, an estimated $11.1M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q4 2013 was Royal Bank of Canada, an estimated $1.45M sold.
Based on aggregated 13F filings for Q4 2013.