First Trust Large Cap Growth AlphaDEX Fund
85 hedge funds and large institutions have $423M invested in First Trust Large Cap Growth AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 33 increasing their positions, 25 reducing their positions, and 8 closing their positions.
138% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 8
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 25
15% more funds holding
Funds holding: 74 → 85 (+11)
3% more capital invested
Capital invested by funds: $409M → $423M (+$14M)
1.12% less ownership
Funds ownership: 61.1% → 59.98% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$6.3M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$4.89M |
| 3 |
WS
Wedbush Securities
Los Angeles,
California
|
+$1.86M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.45M |
| 5 |
FFS
Founders Financial Securities
Towson,
Maryland
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$24M |
| 2 |
IH
IFC Holdings
Tampa,
Florida
|
-$3.95M |
| 3 |
Morgan Stanley
New York
|
-$3.72M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$3.6M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.18M |
FTC Hedge Fund Activity: Q4 2017 in Review
85 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q4 2017, worth a combined $423M — up 3.4% from $409M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FTC positions and 8 closed out — a net gain of 11 holders — while 33 added to existing stakes and 25 trimmed.
The largest buyer was Horizon Investments, opening a new position worth an estimated $6.3M. The largest seller was Goldman Sachs, cutting an estimated $24M.
- 85 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q4 2017, up from 74 in Q3 2017.
- Funds reported $423M of First Trust Large Cap Growth AlphaDEX Fund stock for Q4 2017, up 3.4% quarter-over-quarter.
- 19 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q4 2017 and 8 closed out, a net change of +11 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q4 2017 was Horizon Investments, an estimated $6.3M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q4 2017 was Goldman Sachs, an estimated $24M sold.
Based on aggregated 13F filings for Q4 2017.