First Trust Large Cap Growth AlphaDEX Fund
190 hedge funds and large institutions have $692M invested in First Trust Large Cap Growth AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 54 increasing their positions, 79 reducing their positions, and 11 closing their positions.
18% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 11
1% less funds holding
Funds holding: 191 → 190 (-1)
13% less capital invested
Capital invested by funds: $791M → $692M (-$99.4M)
13.11% less ownership
Funds ownership: 76.14% → 63.04% (-13%)
32% less repeat investments, than reductions
Existing positions increased: 54 | Existing positions reduced: 79
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$3.73M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$2.29M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.15M |
| 4 |
Morgan Stanley
New York
|
+$1.93M |
| 5 |
VF
Virtu Financial
New York
|
+$1.79M |
Top Sellers
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$54.2M |
| 2 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$12.7M |
| 3 |
LPL Financial
San Diego,
California
|
-$9.66M |
| 4 |
GM
GeoWealth Management
Chicago,
Illinois
|
-$8.54M |
| 5 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$5.09M |
FTC Hedge Fund Activity: Q2 2024 in Review
190 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q2 2024, worth a combined $692M — down 13% from $791M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FTC positions and 11 closed out — a net gain of 2 holders — while 54 added to existing stakes and 79 trimmed.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $3.73M. The largest seller was Janney Montgomery Scott, exiting entirely with an estimated $54.2M sold.
- 190 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q2 2024, down from 191 in Q1 2024.
- Funds reported $692M of First Trust Large Cap Growth AlphaDEX Fund stock for Q2 2024, down 13% quarter-over-quarter.
- 13 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q2 2024 and 11 closed out, a net change of +2 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q2 2024 was Benjamin F. Edwards & Company, an estimated $3.73M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q2 2024 was Janney Montgomery Scott, an estimated $54.2M sold.
Based on aggregated 13F filings for Q2 2024.