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First Trust Large Cap Growth AlphaDEX Fund

63 hedge funds and large institutions have $390M invested in First Trust Large Cap Growth AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% less repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 23

9% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 11

1.3% less ownership

Funds ownership: 60.81%59.51% (-1.3%)

2% less funds holding

Funds holding: 6463 (-1)

11% less capital invested

Capital invested by funds: $436M → $390M (-$46.1M)

75% less funds holding in top 10

Funds holding in top 10: 41 (-3)

Holders
63
Holders Change
-1
Holders Change %
-1.56%
% of All Funds
1.68%
Holding in Top 10
1
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-75%
% of All Funds
0.03%
New
10
Increased
21
Reduced
23
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$99.2M -$9.84M -214,821 -9%
LPL Financial
2
LPL Financial
California
$46.2M -$139K -3,031 -0.3%
Wells Fargo
3
Wells Fargo
California
$46M -$14M -306,515 -24%
UBS Group
4
UBS Group
Switzerland
$39M -$3.48M -75,886 -9%
Bank of America
5
Bank of America
North Carolina
$21.6M +$760K +16,580 +4%
JIP
6
Jaffetilchin Investment Partners
Florida
$18.8M +$500K +10,921 +3%
Goldman Sachs
7
Goldman Sachs
New York
$18M +$9.21M +201,052 +117%
HI
8
Horizon Investments
North Carolina
$12.1M +$1.58M +34,475 +16%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$10.5M +$2.01M +43,829 +25%
Stifel Financial
10
Stifel Financial
Missouri
$9.8M +$6.71M +146,512 +259%
Ameriprise
11
Ameriprise
Minnesota
$8.92M -$3.69M -80,468 -30%
SG Americas Securities
12
SG Americas Securities
New York
$6.73M +$6.39M +139,429 New
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$4.63M +$4.4M +95,972 New
IA
14
IFP Advisors
Florida
$4.11M +$896K +19,551 +47%
HFS
15
HL Financial Services
Kentucky
$3.78M +$83.5K +1,823 +2%
CS
16
Credit Suisse
Switzerland
$3.76M +$3.22M +70,230 +921%
RJA
17
Raymond James & Associates
Florida
$3.52M +$171K +3,730 +5%
TFA
18
Transamerica Financial Advisors
Florida
$2.68M +$2.54M +55,476 New
AIG
19
American International Group
New York
$2.58M -$84.4K -1,843 -3%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$2.41M -$5.26M -114,907 -70%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$2.09M -$1.46M -31,967 -42%
FAAS
22
First Allied Advisory Services
California
$1.93M -$447K -9,752 -20%
HighTower Advisors
23
HighTower Advisors
Illinois
$1.68M -$442K -9,642 -22%
Citigroup
24
Citigroup
New York
$1.34M -$329K -7,184 -21%
Citadel Advisors
25
Citadel Advisors
Florida
$1.22M +$1.16M +25,325 New

FTC Hedge Fund Activity: Q1 2016 in Review

63 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2016, worth a combined $390M — down 11% from $436M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FTC and 10 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 21 added.

The largest buyer was Goldman Sachs, adding an estimated $9.21M. The largest seller was Hays Advisory, exiting entirely with an estimated $23.5M sold.

  • 63 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2016, down from 64 in Q4 2015.
  • Funds reported $390M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2016, down 11% quarter-over-quarter.
  • 10 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2016 and 11 closed out, a net change of -1 holder.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2016 was Goldman Sachs, an estimated $9.21M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2016 was Hays Advisory, an estimated $23.5M sold.

Based on aggregated 13F filings for Q1 2016.