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First Trust Large Cap Growth AlphaDEX Fund

48 hedge funds and large institutions have $230M invested in First Trust Large Cap Growth AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 22 increasing their positions, 11 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

100% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 11

54% more capital invested

Capital invested by funds: $149M → $230M (+$81M)

17% more funds holding

Funds holding: 4148 (+7)

9.44% more ownership

Funds ownership: 49.43%58.87% (+9.4%)

Holders
48
Holders Change
+7
Holders Change %
+17.07%
% of All Funds
1.39%
Holding in Top 10
3
Holding in Top 10 Change
+3
Holding in Top 10 Change %
% of All Funds
0.09%
New
10
Increased
22
Reduced
11
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$71.4M +$6.19M +140,713 +9%
SAM
2
Shamrock Asset Management
Texas
$28.2M +$28.5M +648,203 New
U
3
UBS
Switzerland
$24.4M +$8.14M +184,974 +49%
HA
4
Hays Advisory
Tennessee
$21.8M +$22M +501,078 New
Bank of America
5
Bank of America
North Carolina
$15.4M +$1.06M +24,114 +7%
Wells Fargo
6
Wells Fargo
California
$12.2M +$7.59M +172,522 +159%
LPL Financial
7
LPL Financial
California
$12.1M +$1.65M +37,580 +15%
FHA
8
First Horizon Advisors
Tennessee
$8.54M +$19.1K +433 +0.2%
CA
9
Cetera Advisors
Colorado
$3.46M +$413K +9,383 +13%
HFS
10
HL Financial Services
Kentucky
$2.97M -$47.3K -1,074 -2%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$2.81M +$2.06M +46,769 +264%
Goldman Sachs
12
Goldman Sachs
New York
$2.71M
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$2.41M +$444K +10,091 +22%
VF
14
Virtu Financial
New York
$2.15M +$2.17M +49,322 New
AIG
15
American International Group
New York
$1.95M +$211K +4,790 +12%
RJA
16
Raymond James & Associates
Florida
$1.9M +$258K +5,861 +16%
Deutsche Bank
17
Deutsche Bank
Germany
$1.87M -$153K -3,487 -8%
FAAS
18
First Allied Advisory Services
California
$1.81M +$1.5M +34,196 +473%
First Trust Advisors
19
First Trust Advisors
Illinois
$1.7M -$19.1K -435 -1%
SI
20
Stephens Inc
Arkansas
$1.62M -$278K -6,322 -15%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$1.15M -$1.09M -24,670 -48%
VFS
22
VSR Financial Services
Kansas
$1.13M +$919K +20,877 +405%
Ameriprise
23
Ameriprise
Minnesota
$1.01M -$109K -2,472 -10%
Stifel Financial
24
Stifel Financial
Missouri
$885K +$487K +11,078 +120%
VAM
25
Visionary Asset Management
Texas
$843K +$853K +19,381 New

FTC Hedge Fund Activity: Q3 2014 in Review

48 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q3 2014, worth a combined $230M — up 54% from $149M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FTC positions and 3 closed out — a net gain of 7 holders — while 22 added to existing stakes and 11 trimmed.

The largest buyer was Shamrock Asset Management, opening a new position worth an estimated $28.5M. The largest seller was Royal Bank of Canada, cutting an estimated $1.09M.

  • 48 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q3 2014, up from 41 in Q2 2014.
  • Funds reported $230M of First Trust Large Cap Growth AlphaDEX Fund stock for Q3 2014, up 54% quarter-over-quarter.
  • 10 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q3 2014 and 3 closed out, a net change of +7 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q3 2014 was Shamrock Asset Management, an estimated $28.5M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q3 2014 was Royal Bank of Canada, an estimated $1.09M sold.

Based on aggregated 13F filings for Q3 2014.