First Trust Large Cap Growth AlphaDEX Fund
65 hedge funds and large institutions have $364M invested in First Trust Large Cap Growth AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 21 increasing their positions, 23 reducing their positions, and 7 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
9.61% more ownership
Funds ownership: 52.48% → 62.09% (+9.6%)
2% more capital invested
Capital invested by funds: $358M → $364M (+$5.99M)
9% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 23
3% less funds holding
Funds holding: 67 → 65 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$2.46M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$2.21M |
| 3 |
Morgan Stanley
New York
|
+$1.73M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.4M |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$3.94M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.86M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.85M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$1.21M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.08M |
FTC Hedge Fund Activity: Q4 2016 in Review
65 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q4 2016, worth a combined $364M — up 1.7% from $358M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FTC and 6 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 21 added.
The largest buyer was Wintrust Investments, opening a new position worth an estimated $2.46M. The largest seller was Stifel Financial, cutting an estimated $3.94M.
- 65 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q4 2016, down from 67 in Q3 2016.
- Funds reported $364M of First Trust Large Cap Growth AlphaDEX Fund stock for Q4 2016, up 1.7% quarter-over-quarter.
- 6 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q4 2016 and 7 closed out, a net change of -1 holder.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q4 2016 was Wintrust Investments, an estimated $2.46M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q4 2016 was Stifel Financial, an estimated $3.94M sold.
Based on aggregated 13F filings for Q4 2016.