First Trust Large Cap Growth AlphaDEX Fund
34 hedge funds and large institutions have $129M invested in First Trust Large Cap Growth AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 1 closing their positions.
800% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 1
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
31% more funds holding
Funds holding: 26 → 34 (+8)
12% more capital invested
Capital invested by funds: $115M → $129M (+$13.7M)
3.63% less ownership
Funds ownership: 49.61% → 45.97% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.27M |
| 3 |
Citigroup
New York
|
+$1.99M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.93M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$1.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.25M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$4.93M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.25M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.12M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$336K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $232K | +$230K | +5,570 | New |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $187K | +$52.2K | +1,266 | +39% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $184K | +$182K | +4,417 | New |
|
|
NES
29
New England Securities
New York
| $142K | -$19.7K | -477 | -12% |
|
|
WA
30
WFG Advisors
Dallas,
Texas
| $128K | +$82 | +2 | +0.1% |
|
31
Fifth Third Bancorp
Cincinnati,
Ohio
| $58K | – | – | – |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $55K | – | – | – |
|
|
PTC
33
Private Trust Company
Cleveland,
Ohio
| $25K | +$24.7K | +600 | New |
|
|
MFS
34
MSI Financial Services
Springfield,
Massachusetts
| $16K | +$16.1K | +390 | New |
|
|
35
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$5.25M | -127,917 | Closed |
|
FTC Hedge Fund Activity: Q1 2014 in Review
34 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2014, worth a combined $129M — up 12% from $115M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTC positions and 1 closed out — a net gain of 8 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $11.3M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $5.25M sold.
- 34 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2014, up from 26 in Q4 2013.
- Funds reported $129M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2014, up 12% quarter-over-quarter.
- 9 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2014 and 1 closed out, a net change of +8 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2014 was Morgan Stanley, an estimated $11.3M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2014 was Susquehanna International Group, an estimated $5.25M sold.
Based on aggregated 13F filings for Q1 2014.