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First Trust Large Cap Growth AlphaDEX Fund

104 hedge funds and large institutions have $632M invested in First Trust Large Cap Growth AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 56 increasing their positions, 20 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 20

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

11% more capital invested

Capital invested by funds: $568M → $632M (+$63.5M)

3% more funds holding

Funds holding: 101104 (+3)

13.4% less ownership

Funds ownership: 83.22%69.82% (-13%)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
104
Holders Change
+3
Holders Change %
+2.97%
% of All Funds
2.38%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.07%
New
11
Increased
56
Reduced
20
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$121M -$6M -87,453 -5%
Wells Fargo
2
Wells Fargo
California
$87.5M +$4.69M +68,320 +6%
UBS Group
3
UBS Group
Switzerland
$47.6M -$135K -1,970 -0.3%
LPL Financial
4
LPL Financial
California
$33.6M +$3.33M +48,538 +11%
Bank of America
5
Bank of America
North Carolina
$28.2M +$1.5M +21,869 +6%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$26.3M +$431K +6,278 +2%
CWM
7
Cornerstone Wealth Management
Missouri
$21.7M -$128M -1,866,303 -59%
CCA
8
Clearwater Capital Advisors
Illinois
$18.4M -$600K -8,736 -3%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$17.8M +$13.8M +200,737 +388%
RJA
10
Raymond James & Associates
Florida
$14.6M -$609K -8,868 -4%
Ameriprise
11
Ameriprise
Minnesota
$14.5M +$456K +6,639 New
PI
12
PFS Investments
Georgia
$13.8M +$2.41M +35,056 +22%
First Trust Advisors
13
First Trust Advisors
Illinois
$13.4M +$3.25M +47,355 +33%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$12.1M +$17K +247 +0.1%
FAAS
15
First Allied Advisory Services
California
$11.7M +$430K +6,259 +4%
BFEC
16
Benjamin F. Edwards & Company
Missouri
$11.1M +$64.6K +941 +0.6%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$10.1M +$4.15M +60,474 +73%
MML Investors Services
18
MML Investors Services
Massachusetts
$6.22M +$1.39M +20,237 +30%
Stifel Financial
19
Stifel Financial
Missouri
$5.42M +$288K +4,193 +6%
DADC
20
D.A. Davidson & Co
Montana
$5.38M +$328K +4,779 +7%
AG
21
Advisor Group
Arizona
$5.08M +$3.12M +45,419 +169%
SCA
22
Snowden Capital Advisors
New York
$5.06M -$182K -2,651 -4%
WI
23
Wintrust Investments
Illinois
$4.92M +$175K +2,546 +4%
IA
24
IFP Advisors
Florida
$4.81M -$62.8K -914 -1%
PGA
25
Premia Global Advisors
Florida
$4.8M -$1.07M -15,517 -19%

FTC Hedge Fund Activity: Q3 2018 in Review

104 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q3 2018, worth a combined $632M — up 11% from $568M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FTC positions and 8 closed out — a net gain of 3 holders — while 56 added to existing stakes and 20 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $13.8M. The largest seller was Cornerstone Wealth Management, cutting an estimated $128M.

  • 104 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q3 2018, up from 101 in Q2 2018.
  • Funds reported $632M of First Trust Large Cap Growth AlphaDEX Fund stock for Q3 2018, up 11% quarter-over-quarter.
  • 11 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q3 2018 and 8 closed out, a net change of +3 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q3 2018 was Raymond James Financial Services Advisors, an estimated $13.8M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q3 2018 was Cornerstone Wealth Management, an estimated $128M sold.

Based on aggregated 13F filings for Q3 2018.