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First Trust Large Cap Growth AlphaDEX Fund

127 hedge funds and large institutions have $576M invested in First Trust Large Cap Growth AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 42 increasing their positions, 54 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

23% more capital invested

Capital invested by funds: $469M → $576M (+$107M)

3% more funds holding

Funds holding: 123127 (+4)

0.79% more ownership

Funds ownership: 61.09%61.88% (+0.79%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

22% less repeat investments, than reductions

Existing positions increased: 42 | Existing positions reduced: 54

Holders
127
Holders Change
+4
Holders Change %
+3.25%
% of All Funds
2.6%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
16
Increased
42
Reduced
54
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
$108M -$1.44M -20,587 -1%
LPL Financial
2
LPL Financial
California
$68.9M -$288K -4,098 -0.5%
Wells Fargo
3
Wells Fargo
California
$48.8M -$6.15M -87,603 -12%
UBS Group
4
UBS Group
Switzerland
$40.8M -$4.39M -62,624 -11%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$38.2M +$2.86M +40,708 +9%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$26.1M +$826K +11,777 +4%
Bank of America
7
Bank of America
North Carolina
$23M +$60.4K +861 +0.3%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$14.4M +$973K +13,870 +8%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$12.6M -$1.08M -15,448 -9%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$11.9M +$928K +13,230 +9%
BFEC
11
Benjamin F. Edwards & Company
Missouri
$10.5M -$754K -10,744 -7%
SS
12
Simplicity Solutions
Minnesota
$9.43M +$7.68M +109,394 +800%
AWM
13
AE Wealth Management
Kansas
$9.31M +$7.95M +113,269 +1,378%
SG
14
Strid Group
Pennsylvania
$8.78M +$41.7K +595 +0.5%
Osaic Holdings
15
Osaic Holdings
Arizona
$7.05M +$419K +5,970 +7%
AAS
16
Avantax Advisory Services
Texas
$6.86M +$682K +9,720 +12%
DADC
17
D.A. Davidson & Co
Montana
$6.69M -$3.06M -43,561 -33%
RJA
18
Raymond James & Associates
Florida
$6.1M -$3.49M -49,707 -38%
MML Investors Services
19
MML Investors Services
Massachusetts
$5.51M -$1.49M -21,220 -23%
IA
20
IFP Advisors
Florida
$5.37M -$9.89K -141 -0.2%
WI
21
Wintrust Investments
Illinois
$5.31M -$363K -5,173 -7%
SPC
22
Sigma Planning Corp
Michigan
$5.16M +$527K +7,508 +13%
Stifel Financial
23
Stifel Financial
Missouri
$5.02M -$824K -11,742 -15%
IWM
24
IHT Wealth Management
Illinois
$4.68M -$33K -471 -0.8%
FAAS
25
First Allied Advisory Services
California
$4.41M -$114K -1,630 -3%

FTC Hedge Fund Activity: Q2 2020 in Review

127 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q2 2020, worth a combined $576M — up 23% from $469M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FTC positions and 11 closed out — a net gain of 5 holders — while 42 added to existing stakes and 54 trimmed.

The largest buyer was AE Wealth Management, adding an estimated $7.95M. The largest seller was Wells Fargo, cutting an estimated $6.15M.

  • 127 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q2 2020, up from 123 in Q1 2020.
  • Funds reported $576M of First Trust Large Cap Growth AlphaDEX Fund stock for Q2 2020, up 23% quarter-over-quarter.
  • 16 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q2 2020 and 11 closed out, a net change of +5 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q2 2020 was AE Wealth Management, an estimated $7.95M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q2 2020 was Wells Fargo, an estimated $6.15M sold.

Based on aggregated 13F filings for Q2 2020.