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First Trust Large Cap Growth AlphaDEX Fund

64 hedge funds and large institutions have $377M invested in First Trust Large Cap Growth AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 27 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

2% more funds holding

Funds holding: 6364 (+1)

3% less capital invested

Capital invested by funds: $390M → $377M (-$13.3M)

3.78% less ownership

Funds ownership: 59.51%55.73% (-3.8%)

11% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 27

Holders
64
Holders Change
+1
Holders Change %
+1.59%
% of All Funds
1.71%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
7
Increased
24
Reduced
27
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$80.6M -$21.4M -439,097 -21%
UBS Group
2
UBS Group
Switzerland
$43.9M +$3.53M +72,595 +9%
Wells Fargo
3
Wells Fargo
California
$43M -$4.46M -91,661 -10%
Goldman Sachs
4
Goldman Sachs
New York
$24.3M +$5.62M +115,579 +31%
LPL Financial
5
LPL Financial
California
$23.3M -$24.2M -497,255 -52%
JIP
6
Jaffetilchin Investment Partners
Florida
$19.8M +$395K +8,114 +2%
Bank of America
7
Bank of America
North Carolina
$16.4M -$5.74M -118,008 -26%
CCA
8
Clearwater Capital Advisors
Illinois
$14.7M +$14.3M +293,595 New
CS
9
Credit Suisse
Switzerland
$11.1M +$7.04M +144,785 +186%
HI
10
Horizon Investments
North Carolina
$10.2M -$2.25M -46,215 -18%
Stifel Financial
11
Stifel Financial
Missouri
$9.36M -$743K -15,285 -8%
SG Americas Securities
12
SG Americas Securities
New York
$8.88M +$1.87M +38,437 +28%
SG
13
Societe Generale
$8.88M +$8.65M +177,866 New
Ameriprise
14
Ameriprise
Minnesota
$8.66M -$554K -11,386 -6%
KF
15
Krilogy Financial
Missouri
$5.04M +$4.91M +100,985 New
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$4.71M -$73.1K -1,504 -2%
RJA
17
Raymond James & Associates
Florida
$4.6M +$940K +19,319 +26%
HFS
18
HL Financial Services
Kentucky
$3.98M +$78K +1,603 +2%
TFA
19
Transamerica Financial Advisors
Florida
$3.21M +$436K +8,965 +16%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$2.77M +$599K +12,324 +28%
FAAS
21
First Allied Advisory Services
California
$2.14M +$153K +3,140 +8%
IA
22
IFP Advisors
Florida
$2.1M -$933K -19,187 -31%
RJFSA
23
Raymond James Financial Services Advisors
Florida
$1.83M -$641K -13,173 -26%
DADC
24
D.A. Davidson & Co
Montana
$1.78M +$1.12M +22,953 +181%
AG
25
Advisor Group
Arizona
$1.62M +$1.58M +32,479 New

FTC Hedge Fund Activity: Q2 2016 in Review

64 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q2 2016, worth a combined $377M — down 3.4% from $390M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FTC positions and 5 closed out — a net gain of 2 holders — while 24 added to existing stakes and 27 trimmed.

The largest buyer was Credit Suisse, adding an estimated $7.04M. The largest seller was LPL Financial, cutting an estimated $24.2M.

  • 64 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q2 2016, up from 63 in Q1 2016.
  • Funds reported $377M of First Trust Large Cap Growth AlphaDEX Fund stock for Q2 2016, down 3.4% quarter-over-quarter.
  • 7 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q2 2016 and 5 closed out, a net change of +2 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q2 2016 was Credit Suisse, an estimated $7.04M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $24.2M sold.

Based on aggregated 13F filings for Q2 2016.