First Trust Large Cap Growth AlphaDEX Fund
104 hedge funds and large institutions have $598M invested in First Trust Large Cap Growth AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 48 increasing their positions, 32 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 32
18% more capital invested
Capital invested by funds: $509M → $598M (+$89.2M)
0.89% more ownership
Funds ownership: 61.99% → 62.89% (+0.89%)
5% less funds holding
Funds holding: 110 → 104 (-6)
42% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 12
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.42M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.39M |
| 3 |
PI
PFS Investments
Duluth,
Georgia
|
+$4.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$4.04M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.02M |
| 2 |
Jane Street
New York
|
-$5.14M |
| 3 |
PGA
Premia Global Advisors
Coral Gables,
Florida
|
-$4.11M |
| 4 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$3.9M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$3.5M |
FTC Hedge Fund Activity: Q1 2019 in Review
104 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q1 2019, worth a combined $598M — up 18% from $509M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FTC and 7 opened new positions — a net loss of 5 holders — while 32 trimmed existing stakes and 48 added.
The largest buyer was Morgan Stanley, adding an estimated $8.42M. The largest seller was Susquehanna International Group, cutting an estimated $7.02M.
- 104 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q1 2019, down from 110 in Q4 2018.
- Funds reported $598M of First Trust Large Cap Growth AlphaDEX Fund stock for Q1 2019, up 18% quarter-over-quarter.
- 7 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q1 2019 and 12 closed out, a net change of -5 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q1 2019 was Morgan Stanley, an estimated $8.42M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q1 2019 was Susquehanna International Group, an estimated $7.02M sold.
Based on aggregated 13F filings for Q1 2019.