First Trust Large Cap Growth AlphaDEX Fund
50 hedge funds and large institutions have $264M invested in First Trust Large Cap Growth AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 14 closing their positions.
109% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 11
4.36% less ownership
Funds ownership: 55.9% → 51.54% (-4.4%)
7% less capital invested
Capital invested by funds: $284M → $264M (-$19.6M)
14% less funds holding
Funds holding: 58 → 50 (-8)
43% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$9.96M |
| 2 |
Goldman Sachs
New York
|
+$7.66M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.99M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.51M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$25.5M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$22M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$8.28M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$3.9M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
51
First Horizon Advisors
Memphis,
Tennessee
| – | -$8.28M | -176,635 | Closed |
|
|
SPC
52
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$3.9M | -83,916 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$3.04M | -65,525 | Closed |
|
|
VAM
54
Visionary Asset Management
Houston,
Texas
| – | -$1M | -21,537 | Closed |
|
55
Jane Street
New York
| – | -$960K | -20,668 | Closed |
|
|
PFS
56
Prospera Financial Services
Dallas,
Texas
| – | -$940K | -20,223 | Closed |
|
|
SI
57
Stephens Inc
Little Rock,
Arkansas
| – | -$529K | -11,376 | Closed |
|
|
VF
58
Virtu Financial
New York
| – | -$461K | -9,913 | Closed |
|
59
Citadel Advisors
Miami,
Florida
| – | -$216K | -4,645 | Closed |
|
|
IPC
60
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$109K | -2,345 | Closed |
|
|
BRWM
61
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$81K | -1,753 | Closed |
|
|
NPC
62
National Planning Corporation
El Segundo,
California
| – | -$40.3K | -880 | Closed |
|
|
WTB
63
Washington Trust Bank
Spokane,
Washington
| – | -$8K | -171 | Closed |
|
FTC Hedge Fund Activity: Q1 2015 in Review
50 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2015, worth a combined $264M — down 6.9% from $284M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTC and 8 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 23 added.
The largest buyer was Wells Fargo, adding an estimated $9.96M. The largest seller was Shamrock Asset Management, cutting an estimated $25.5M.
- 50 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2015, down from 58 in Q4 2014.
- Funds reported $264M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2015, down 6.9% quarter-over-quarter.
- 8 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2015 and 14 closed out, a net change of -6 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2015 was Wells Fargo, an estimated $9.96M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2015 was Shamrock Asset Management, an estimated $25.5M sold.
Based on aggregated 13F filings for Q1 2015.