First Trust Large Cap Growth AlphaDEX Fund
74 hedge funds and large institutions have $409M invested in First Trust Large Cap Growth AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 34 increasing their positions, 22 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
55% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 22
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
6% more capital invested
Capital invested by funds: $386M → $409M (+$23.5M)
3% more funds holding
Funds holding: 72 → 74 (+2)
1.34% more ownership
Funds ownership: 59.76% → 61.1% (+1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$4.22M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.11M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.03M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.57M |
| 2 |
RWMH
Riverpoint Wealth Management Holdings
Chicago,
Illinois
|
-$2.97M |
| 3 |
Morgan Stanley
New York
|
-$2.63M |
| 4 |
Jane Street
New York
|
-$1.33M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$794K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
76
NewEdge Advisors
New Orleans,
Louisiana
| – | -$26.3K | -475 | Closed |
|
|
EA
77
Edge Advisors
Atlanta,
Georgia
| – | -$21K | -387 | Closed |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$13K | -235 | Closed |
|
FTC Hedge Fund Activity: Q3 2017 in Review
74 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q3 2017, worth a combined $409M — up 6.1% from $386M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FTC positions and 5 closed out — a net gain of 3 holders — while 34 added to existing stakes and 22 trimmed.
The largest buyer was IHT Wealth Management, opening a new position worth an estimated $4.22M. The largest seller was Ameriprise, cutting an estimated $3.57M.
- 74 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q3 2017, up from 72 in Q2 2017.
- Funds reported $409M of First Trust Large Cap Growth AlphaDEX Fund stock for Q3 2017, up 6.1% quarter-over-quarter.
- 8 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q3 2017 and 5 closed out, a net change of +3 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q3 2017 was IHT Wealth Management, an estimated $4.22M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q3 2017 was Ameriprise, an estimated $3.57M sold.
Based on aggregated 13F filings for Q3 2017.