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First Trust Large Cap Growth AlphaDEX Fund
FTC

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.

New
Increased
Maintained
Reduced
Closed

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)

Holders
123
Holders Change
-5
Holders Change %
-3.91%
% of All Funds
2.71%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
13
Increased
41
Reduced
56
Closed
16
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LPL Financial
LPL Financial
California
+$12.7M
2
SG
Strid Group
Pennsylvania
+$8.03M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$5.67M
4
SF
Synovus Financial
Georgia
+$4.51M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$1.87M

Top Sellers

1
PI
PFS Investments
Georgia
-$30.1M
2
Envestnet Asset Management
Envestnet Asset Management
Illinois
-$26M
3
Wells Fargo
Wells Fargo
California
-$20.7M
4
First Trust Advisors
First Trust Advisors
Illinois
-$12.9M
5
HI
Horizon Investments
North Carolina
-$6.28M
Name Holding Trade Value Shares
Change 		Change in
Stake
HI
126
Horizon Investments
North Carolina
– -$6.28M -86,062 Closed
FFS
127
Founders Financial Securities
Maryland
– -$4.89M -67,020 Closed
CS
128
Credit Suisse
Switzerland
– -$1.69M -23,220 Closed
IAA
129
Independent Advisor Alliance
North Carolina
– -$1.66M -22,802 Closed
PIA
130
Perennial Investment Advisors
California
– -$372K -5,100 Closed
LWAC
131
Laurel Wealth Advisors (California)
California
– -$270K -3,696 Closed
SC
132
SouthState Corp
Florida
– -$228K -3,129 Closed
GAB
133
German American Bancorp
Indiana
– -$226K -3,094 Closed
Northern Trust
134
Northern Trust
Illinois
– -$225K -3,090 Closed
WCM
135
WealthBridge Capital Management
Ohio
– -$224K -3,073 Closed
JIP
136
Jaffetilchin Investment Partners
Florida
– -$207K -2,845 Closed
FIB
137
First Interstate Bank
Montana
– -$27K -371 Closed
FHA
138
First Horizon Advisors
Tennessee
– -$19K -273 Closed
LS
139
Leelyn Smith
Illinois
– -$12 -159 Closed
LWANC
140
Laurel Wealth Advisors (North Carolina)
North Carolina
– -$4K -58 Closed
2 3 4 5
6

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.