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First Trust Large Cap Growth AlphaDEX Fund

128 hedge funds and large institutions have $700M invested in First Trust Large Cap Growth AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 37 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

155% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 11

35% more repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 37

13% more funds holding

Funds holding: 113128 (+15)

6% more capital invested

Capital invested by funds: $659M → $700M (+$41M)

0.96% more ownership

Funds ownership: 63.87%64.84% (+0.96%)

Holders
128
Holders Change
+15
Holders Change %
+13.27%
% of All Funds
2.52%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
28
Increased
50
Reduced
37
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$105M -$4.41M -62,302 -4%
Wells Fargo
2
Wells Fargo
California
$74.3M +$1.62M +22,870 +2%
LPL Financial
3
LPL Financial
California
$52.8M +$3.83M +54,128 +8%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$50.9M +$2.69M +37,950 +6%
UBS Group
5
UBS Group
Switzerland
$47.9M -$1.7M -24,057 -4%
Janney Montgomery Scott
6
Janney Montgomery Scott
Pennsylvania
$35.6M +$354K +5,006 +1%
PI
7
PFS Investments
Georgia
$30.1M +$1.44M +20,323 +5%
Bank of America
8
Bank of America
North Carolina
$24.8M +$680K +9,599 +3%
First Trust Advisors
9
First Trust Advisors
Illinois
$19.2M -$225K -3,178 -1%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$16.7M -$13.5M -190,245 -45%
AG
11
Advisor Group
Arizona
$14.6M +$1.09M +15,355 +8%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$13.1M +$503K +7,108 +4%
RJA
13
Raymond James & Associates
Florida
$11M -$267K -3,776 -2%
BFEC
14
Benjamin F. Edwards & Company
Missouri
$10.9M -$441K -6,227 -4%
CCA
15
Clearwater Capital Advisors
Illinois
$9.13M -$3.43M -48,418 -28%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$8.47M +$1.06M +15,007 +15%
DADC
17
D.A. Davidson & Co
Montana
$8.26M +$721K +10,182 +10%
FAAS
18
First Allied Advisory Services
California
$8.05M -$374K -5,286 -5%
GIA
19
Gladstone Institutional Advisory
Florida
$7.58M -$189K -2,674 -3%
MML Investors Services
20
MML Investors Services
Massachusetts
$7.45M +$178K +2,519 +3%
Cetera Investment Advisers
21
Cetera Investment Advisers
Illinois
$7.29M +$16.3K +230 +0.2%
HI
22
Horizon Investments
North Carolina
$6.28M +$290K +4,102 +5%
WI
23
Wintrust Investments
Illinois
$6.13M +$783K +11,061 +15%
IA
24
IFP Advisors
Florida
$6M -$498K -7,032 -8%
Stifel Financial
25
Stifel Financial
Missouri
$5.9M -$30K -424 -0.5%

FTC Hedge Fund Activity: Q4 2019 in Review

128 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q4 2019, worth a combined $700M — up 6.2% from $659M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new FTC positions and 11 closed out — a net gain of 17 holders — while 50 added to existing stakes and 37 trimmed.

The largest buyer was Avantax Advisory Services, opening a new position worth an estimated $4.86M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $13.5M.

  • 128 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q4 2019, up from 113 in Q3 2019.
  • Funds reported $700M of First Trust Large Cap Growth AlphaDEX Fund stock for Q4 2019, up 6.2% quarter-over-quarter.
  • 28 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q4 2019 and 11 closed out, a net change of +17 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q4 2019 was Avantax Advisory Services, an estimated $4.86M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q4 2019 was Raymond James Financial Services Advisors, an estimated $13.5M sold.

Based on aggregated 13F filings for Q4 2019.