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First Trust Large Cap Growth AlphaDEX Fund

104 hedge funds and large institutions have $598M invested in First Trust Large Cap Growth AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 48 increasing their positions, 32 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 32

18% more capital invested

Capital invested by funds: $509M → $598M (+$89.2M)

0.89% more ownership

Funds ownership: 61.99%62.89% (+0.89%)

5% less funds holding

Funds holding: 110104 (-6)

42% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 12

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
104
Holders Change
-6
Holders Change %
-5.45%
% of All Funds
2.25%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
7
Increased
48
Reduced
32
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
26
Goldman Sachs
New York
$4.22M
IA
27
IFP Advisors
Florida
$4.11M -$318K -5,018 -8%
FFS
28
Founders Financial Securities
Maryland
$3.78M +$676K +10,648 +23%
HFS
29
HL Financial Services
Kentucky
$3.71M -$304K -4,798 -8%
Citigroup
30
Citigroup
New York
$3.67M +$623K +9,822 +22%
CAN
31
Cetera Advisor Networks
California
$3.48M +$1.41M +22,265 +75%
LTFS
32
Ladenburg Thalmann Financial Services
Florida
$2.81M -$570K -8,981 -18%
CFGS
33
Concourse Financial Group Securities
Alabama
$2.62M +$1.31M +20,577 +111%
Commonwealth Equity Services
34
Commonwealth Equity Services
Massachusetts
$2.53M +$134K +2,113 +6%
WS
35
Wedbush Securities
California
$2.36M +$40K +630 +2%
RWMH
36
Riverpoint Wealth Management Holdings
Illinois
$2.27M +$12.7K +200 +0.6%
HighTower Advisors
37
HighTower Advisors
Illinois
$2.19M +$496K +7,816 +31%
MIAN
38
Mariner Independent Advisor Network
Kansas
$2.04M +$151K +2,380 +9%
PAG
39
Private Advisor Group
New Jersey
$2.01M +$26.4K +416 +1%
FAIM
40
Financial Advocates Investment Management
Washington
$2M +$1.4M +22,017 +278%
US Bancorp
41
US Bancorp
Minnesota
$1.81M -$1.17M -18,365 -40%
KWM
42
Kingsview Wealth Management
Oregon
$1.74M -$30.7K -484 -2%
AT
43
Arden Trust
Delaware
$1.52M +$508K +8,012 +55%
PNC Financial Services Group
44
PNC Financial Services Group
Pennsylvania
$1.41M -$63.6K -1,002 -5%
GIA
45
Gladstone Institutional Advisory
Florida
$1.36M -$90.2K -1,421 -7%
CWM
46
Cornerstone Wealth Management
Missouri
$1.28M -$212K -3,343 -15%
KF
47
Krilogy Financial
Missouri
$1.28M -$22.1K -349 -2%
UR
48
USCA RIA
Texas
$1.23M +$166K +2,616 +17%
IWC
49
Integrated Wealth Concepts
Massachusetts
$1.15M +$631K +9,943 +139%
HIS
50
Harvest Investment Services
Illinois
$1.02M +$138K +2,179 +17%

FTC Hedge Fund Activity: Q1 2019 in Review

104 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2019, worth a combined $598M — up 18% from $509M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of FTC and 7 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 48 added.

The largest buyer was Morgan Stanley, adding an estimated $8.42M. The largest seller was Susquehanna International Group, cutting an estimated $7.02M.

  • 104 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2019, down from 110 in Q4 2018.
  • Funds reported $598M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2019, up 18% quarter-over-quarter.
  • 7 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2019 and 12 closed out, a net change of -5 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2019 was Morgan Stanley, an estimated $8.42M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2019 was Susquehanna International Group, an estimated $7.02M sold.

Based on aggregated 13F filings for Q1 2019.