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First Trust Large Cap Growth AlphaDEX Fund

41 hedge funds and large institutions have $149M invested in First Trust Large Cap Growth AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 2

21% more funds holding

Funds holding: 3441 (+7)

16% more capital invested

Capital invested by funds: $129M → $149M (+$20.9M)

3.46% more ownership

Funds ownership: 45.97%49.43% (+3.5%)

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

Holders
41
Holders Change
+7
Holders Change %
+20.59%
% of All Funds
1.18%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
13
Reduced
14
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$65.7M -$643K -15,281 -1%
U
2
UBS
Switzerland
$16.5M +$3.98M +94,552 +34%
Bank of America
3
Bank of America
North Carolina
$14.5M +$940K +22,348 +7%
LPL Financial
4
LPL Financial
California
$10.7M +$3M +71,299 +41%
FHA
5
First Horizon Advisors
Tennessee
$8.48M +$8.24M +195,897 New
Wells Fargo
6
Wells Fargo
California
$4.76M +$465K +11,048 +11%
CA
7
Cetera Advisors
Colorado
$3.08M +$428K +10,170 +17%
HFS
8
HL Financial Services
Kentucky
$3.04M -$15.8K -376 -0.5%
Goldman Sachs
9
Goldman Sachs
New York
$2.73M
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$2.24M -$98.3K -2,337 -4%
Deutsche Bank
11
Deutsche Bank
Germany
$2.03M -$36.9K -878 -2%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$1.98M +$373K +8,864 +24%
SI
13
Stephens Inc
Arkansas
$1.91M -$24.2K -576 -1%
AIG
14
American International Group
New York
$1.75M -$118K -2,811 -7%
First Trust Advisors
15
First Trust Advisors
Illinois
$1.73M -$118K -2,815 -7%
RJA
16
Raymond James & Associates
Florida
$1.65M -$48.4K -1,151 -3%
Ameriprise
17
Ameriprise
Minnesota
$1.16M +$104K +2,481 +11%
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$777K +$746K +17,733 New
CS
19
Comerica Securities
Michigan
$602K +$32.9K +782 +6%
FHC
20
First Heartland Consultants
Missouri
$515K +$98.6K +2,342 +25%
Stifel Financial
21
Stifel Financial
Missouri
$405K -$482K -11,450 -55%
MIAN
22
Mariner Independent Advisor Network
Kansas
$373K +$358K +8,505 New
FAAS
23
First Allied Advisory Services
California
$316K +$304K +7,223 New
SF
24
Synovus Financial
Georgia
$313K
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$290K +$6.69K +159 +2%

FTC Hedge Fund Activity: Q2 2014 in Review

41 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q2 2014, worth a combined $149M — up 16% from $129M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FTC positions and 2 closed out — a net gain of 7 holders — while 13 added to existing stakes and 14 trimmed.

The largest buyer was First Horizon Advisors, opening a new position worth an estimated $8.24M. The largest seller was Citigroup, cutting an estimated $2.03M.

  • 41 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q2 2014, up from 34 in Q1 2014.
  • Funds reported $149M of First Trust Large Cap Growth AlphaDEX Fund stock for Q2 2014, up 16% quarter-over-quarter.
  • 9 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q2 2014 and 2 closed out, a net change of +7 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q2 2014 was First Horizon Advisors, an estimated $8.24M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q2 2014 was Citigroup, an estimated $2.03M sold.

Based on aggregated 13F filings for Q2 2014.