First Trust Large Cap Growth AlphaDEX Fund
67 hedge funds and large institutions have $358M invested in First Trust Large Cap Growth AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 30 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
3% more funds holding
Funds holding: 65 → 67 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5% less capital invested
Capital invested by funds: $377M → $358M (-$18.8M)
3.33% less ownership
Funds ownership: 55.81% → 52.48% (-3.3%)
33% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$14M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$4.84M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.9M |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$1.3M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Horizon Investments
Charlotte,
North Carolina
|
-$10.2M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$9.11M |
| 3 |
SG Americas Securities
New York
|
-$7.16M |
| 4 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$3.16M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.85M |
FTC Hedge Fund Activity: Q3 2016 in Review
67 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q3 2016, worth a combined $358M — down 5% from $377M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FTC positions and 5 closed out — a net gain of 4 holders — while 20 added to existing stakes and 30 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $14M. The largest seller was Horizon Investments, exiting entirely with an estimated $10.2M sold.
- 67 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q3 2016, up from 65 in Q2 2016.
- Funds reported $358M of First Trust Large Cap Growth AlphaDEX Fund stock for Q3 2016, down 5% quarter-over-quarter.
- 9 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q3 2016 and 5 closed out, a net change of +4 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q3 2016 was Janney Montgomery Scott, an estimated $14M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q3 2016 was Horizon Investments, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2016.