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First Trust Large Cap Growth AlphaDEX Fund

50 hedge funds and large institutions have $264M invested in First Trust Large Cap Growth AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 11 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

109% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 11

4.36% less ownership

Funds ownership: 55.9%51.54% (-4.4%)

7% less capital invested

Capital invested by funds: $284M → $264M (-$19.6M)

14% less funds holding

Funds holding: 5850 (-8)

43% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 14

100% less funds holding in top 10

Funds holding in top 10: 30 (-3)

Holders
50
Holders Change
-8
Holders Change %
-13.79%
% of All Funds
1.33%
Holding in Top 10
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-100%
% of All Funds
New
8
Increased
23
Reduced
11
Closed
14
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$93.1M +$1.8M +38,000 +2%
Wells Fargo
2
Wells Fargo
California
$33.5M +$9.96M +209,806 +44%
UBS Group
3
UBS Group
Switzerland
$33.4M +$5.99M +126,260 +23%
Bank of America
4
Bank of America
North Carolina
$19M -$1.6M -33,758 -8%
LPL Financial
5
LPL Financial
California
$16.7M +$2.95M +62,092 +22%
Goldman Sachs
6
Goldman Sachs
New York
$13.4M +$7.66M +161,458 +143%
BTS
7
BB&T Securities
Virginia
$8.04M +$111K +2,340 +16%
Ameriprise
8
Ameriprise
Minnesota
$6.28M +$4.51M +95,027 +279%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$4.23M +$902K +19,012 +28%
CA
10
Cetera Advisors
Colorado
$4.03M -$40.8K -860 -1%
HI
11
Horizon Investments
North Carolina
$4.03M +$3.93M +82,778 New
HFS
12
HL Financial Services
Kentucky
$3.6M -$35.8K -755 -1%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.96M -$1.36M -28,632 -32%
FAAS
14
First Allied Advisory Services
California
$2.73M +$624K +13,160 +31%
AIG
15
American International Group
New York
$2.17M +$82.7K +1,743 +4%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$1.99M +$560K +11,802 +41%
RJA
17
Raymond James & Associates
Florida
$1.75M +$249K +5,238 +17%
Stifel Financial
18
Stifel Financial
Missouri
$1.65M +$130K +2,733 +9%
Citigroup
19
Citigroup
New York
$1.37M +$820K +17,270 +158%
PNC Financial Services Group
20
PNC Financial Services Group
Pennsylvania
$1.25M +$1.19M +25,088 +5,018%
AIM
21
Advantage Investment Management
Iowa
$1.21M +$1.18M +24,774 New
First Trust Advisors
22
First Trust Advisors
Illinois
$947K -$396K -8,339 -30%
FHC
23
First Heartland Consultants
Missouri
$934K +$332 +7 +0%
CS
24
Comerica Securities
Michigan
$562K +$548K +11,551 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$551K +$28.6K +603 +6%

FTC Hedge Fund Activity: Q1 2015 in Review

50 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2015, worth a combined $264M — down 6.9% from $284M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of FTC and 8 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 23 added.

The largest buyer was Wells Fargo, adding an estimated $9.96M. The largest seller was Shamrock Asset Management, cutting an estimated $25.5M.

  • 50 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2015, down from 58 in Q4 2014.
  • Funds reported $264M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2015, down 6.9% quarter-over-quarter.
  • 8 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2015 and 14 closed out, a net change of -6 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2015 was Wells Fargo, an estimated $9.96M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2015 was Shamrock Asset Management, an estimated $25.5M sold.

Based on aggregated 13F filings for Q1 2015.