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First Trust Large Cap Growth AlphaDEX Fund

131 hedge funds and large institutions have $624M invested in First Trust Large Cap Growth AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 66 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

8% more capital invested

Capital invested by funds: $576M → $624M (+$47.1M)

3% more funds holding

Funds holding: 127131 (+4)

0.09% more ownership

Funds ownership: 61.88%61.97% (+0.09%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

52% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 66

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $2.01M

Holders
131
Holders Change
+4
Holders Change %
+3.15%
% of All Funds
2.64%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
32
Reduced
66
Closed
10
Calls
Puts
$2.01M
Net Calls
-$2.01M
Net Calls Change
-$2.01M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$118M -$115K -1,400 -0.1%
LPL Financial
2
LPL Financial
California
$71.5M -$3.99M -48,648 -5%
Wells Fargo
3
Wells Fargo
California
$52.5M -$944K -11,501 -2%
UBS Group
4
UBS Group
Switzerland
$41.8M -$2.92M -35,583 -7%
Janney Montgomery Scott
5
Janney Montgomery Scott
Pennsylvania
$40.2M -$1.66M -20,186 -4%
Bank of America
6
Bank of America
North Carolina
$24.6M -$586K -7,139 -2%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$23.4M -$5.12M -62,399 -18%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$17.9M +$2.06M +25,104 +13%
BFEC
9
Benjamin F. Edwards & Company
Missouri
$11M -$532K -6,481 -5%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$10.9M -$2.13M -25,985 -17%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$10.6M -$3.16M -38,429 -23%
Truist Financial
12
Truist Financial
North Carolina
$9.87M +$8.57M +104,397 +793%
RJA
13
Raymond James & Associates
Florida
$9.81M +$3.05M +37,185 +47%
SG
14
Strid Group
Pennsylvania
$9.65M +$30.2K +368 +0.3%
AAS
15
Avantax Advisory Services
Texas
$8.55M +$1.01M +12,281 +14%
Osaic Holdings
16
Osaic Holdings
Arizona
$7.93M +$434K +5,288 +6%
First Trust Advisors
17
First Trust Advisors
Illinois
$7.39M +$4.9M +59,628 +210%
DADC
18
D.A. Davidson & Co
Montana
$7.08M -$252K -3,069 -4%
Stifel Financial
19
Stifel Financial
Missouri
$6.93M +$1.39M +16,916 +26%
MML Investors Services
20
MML Investors Services
Massachusetts
$5.79M -$244K -2,977 -4%
IA
21
IFP Advisors
Florida
$5.77M -$228K -2,777 -4%
Susquehanna International Group
22
Susquehanna International Group
Pennsylvania
$5.57M +$3.33M +40,575 +157%
SPC
23
Sigma Planning Corp
Michigan
$5.5M -$154K -1,873 -3%
KPWS
24
Kestra Private Wealth Services
Texas
$5.47M +$5.45M +66,315 New
WI
25
Wintrust Investments
Illinois
$5.3M -$514K -6,263 -9%

FTC Hedge Fund Activity: Q3 2020 in Review

131 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q3 2020, worth a combined $624M — up 8.2% from $576M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new FTC positions and 10 closed out — a net gain of 4 holders — while 32 added to existing stakes and 66 trimmed.

The largest buyer was Truist Financial, adding an estimated $8.57M. The largest seller was AE Wealth Management, cutting an estimated $9.05M.

  • 131 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q3 2020, up from 127 in Q2 2020.
  • Funds reported $624M of First Trust Large Cap Growth AlphaDEX Fund stock for Q3 2020, up 8.2% quarter-over-quarter.
  • 14 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q3 2020 and 10 closed out, a net change of +4 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q3 2020 was Truist Financial, an estimated $8.57M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q3 2020 was AE Wealth Management, an estimated $9.05M sold.

Based on aggregated 13F filings for Q3 2020.