First Trust Large Cap Growth AlphaDEX Fund
192 hedge funds and large institutions have $789M invested in First Trust Large Cap Growth AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 51 increasing their positions, 89 reducing their positions, and 16 closing their positions.
75% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 16
13% more capital invested
Capital invested by funds: $695M → $789M (+$93.6M)
6.84% more ownership
Funds ownership: 69.76% → 76.6% (+6.8%)
6% more funds holding
Funds holding: 181 → 192 (+11)
43% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 89
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$72.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$12.9M |
| 3 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$4.46M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.86M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KWA
201
Kingswood Wealth Advisors
San Diego,
California
| – | -$266K | -2,750 | Closed |
|
|
FHC
202
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$261K | -2,695 | Closed |
|
|
TCA
203
Transcend Capital Advisors
Madison,
New Jersey
| – | -$254K | -2,622 | Closed |
|
|
PIA
204
Perennial Investment Advisors
Los Angeles,
California
| – | -$236K | -2,434 | Closed |
|
205
Jane Street
New York
| – | -$206K | -2,132 | Closed |
|
|
FHA
206
First Horizon Advisors
Memphis,
Tennessee
| – | -$66.8K | -690 | Closed |
|
|
CIA
207
Cape Investment Advisory
Mcdonough,
Georgia
| – | -$44.4K | -459 | Closed |
|
208
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$18.5K | -191 | Closed |
|
|
IPW
209
Impact Partnership Wealth
Marietta,
Georgia
| – | -$6K | -62 | Closed |
|
FTC Hedge Fund Activity: Q4 2023 in Review
192 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q4 2023, worth a combined $789M — up 13% from $695M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FTC positions and 16 closed out — a net gain of 12 holders — while 51 added to existing stakes and 89 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $72.5M. The largest seller was First Trust Advisors, cutting an estimated $28.5M.
- 192 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q4 2023, up from 181 in Q3 2023.
- Funds reported $789M of First Trust Large Cap Growth AlphaDEX Fund stock for Q4 2023, up 13% quarter-over-quarter.
- 28 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q4 2023 and 16 closed out, a net change of +12 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $72.5M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q4 2023 was First Trust Advisors, an estimated $28.5M sold.
Based on aggregated 13F filings for Q4 2023.