First Trust Large Cap Growth AlphaDEX Fund
123 hedge funds and large institutions have $469M invested in First Trust Large Cap Growth AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 41 increasing their positions, 56 reducing their positions, and 16 closing their positions.
3.75% less ownership
Funds ownership: 64.84% → 61.09% (-3.7%)
4% less funds holding
Funds holding: 128 → 123 (-5)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
27% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 56
33% less capital invested
Capital invested by funds: $700M → $469M (-$231M)
Top Buyers
Top Sellers
| 1 |
PI
PFS Investments
Duluth,
Georgia
|
-$30.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$26M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$20.7M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$12.9M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$6.28M |
FTC Hedge Fund Activity: Q1 2020 in Review
123 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2020, worth a combined $469M — down 33% from $700M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of FTC and 13 opened new positions — a net loss of 3 holders — while 56 trimmed existing stakes and 41 added.
The largest buyer was LPL Financial, adding an estimated $12.7M. The largest seller was PFS Investments, exiting entirely with an estimated $30.1M sold.
- 123 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2020, down from 128 in Q4 2019.
- Funds reported $469M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2020, down 33% quarter-over-quarter.
- 13 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2020 and 16 closed out, a net change of -3 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2020 was LPL Financial, an estimated $12.7M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2020 was PFS Investments, an estimated $30.1M sold.
Based on aggregated 13F filings for Q1 2020.