First Trust Large Cap Growth AlphaDEX Fund
50 hedge funds and large institutions have $257M invested in First Trust Large Cap Growth AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 23 increasing their positions, 12 reducing their positions, and 14 closing their positions.
92% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 12
4.48% less ownership
Funds ownership: 56.02% → 51.54% (-4.5%)
8% less capital invested
Capital invested by funds: $279M → $257M (-$21.6M)
15% less funds holding
Funds holding: 59 → 50 (-9)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$9.96M |
| 2 |
Goldman Sachs
New York
|
+$7.66M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.99M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.51M |
| 5 |
HI
Horizon Investments
Charlotte,
North Carolina
|
+$3.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$25.5M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$22M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$8.28M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$3.9M |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$3.38M |
FTC Hedge Fund Activity: Q1 2015 in Review
50 of the 3,770 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 $257M — down 7.7% from $279M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FTC and 7 opened new positions — a net loss of 7 holders — while 12 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 59 in Q4 2014.
- Funds reported $257M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2015, down 7.7% quarter-over-quarter.
- 7 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2015 and 14 closed out, a net change of -7 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.