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First Trust Large Cap Growth AlphaDEX Fund

143 hedge funds and large institutions have $704M invested in First Trust Large Cap Growth AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 34 increasing their positions, 67 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 10

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

13% more capital invested

Capital invested by funds: $624M → $704M (+$80.6M)

9% more funds holding

Funds holding: 131143 (+12)

1.35% more ownership

Funds ownership: 61.97%63.32% (+1.4%)

49% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 67

Holders
143
Holders Change
+12
Holders Change %
+9.16%
% of All Funds
2.53%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
24
Increased
34
Reduced
67
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$124M -$11.6M -129,036 -9%
LPL Financial
2
LPL Financial
California
$83M +$754K +8,364 +1%
Wells Fargo
3
Wells Fargo
California
$55.9M -$4.23M -46,873 -7%
Janney Montgomery Scott
4
Janney Montgomery Scott
Pennsylvania
$46.3M +$32K +355 +0.1%
UBS Group
5
UBS Group
Switzerland
$43.5M -$4.23M -46,879 -9%
Bank of America
6
Bank of America
North Carolina
$27M -$1.24M -13,774 -5%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$22.7M -$3.89M -43,148 -16%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$21.2M +$608K +6,743 +3%
First Trust Advisors
9
First Trust Advisors
Illinois
$16M +$7.03M +77,905 +89%
MCC
10
Money Concepts Capital
Florida
$15.9M +$14.8M +164,104 New
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$14.5M +$1.79M +19,870 +15%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$12.7M +$460K +5,099 +4%
RJA
13
Raymond James & Associates
Florida
$10.9M -$329K -3,650 -3%
Truist Financial
14
Truist Financial
North Carolina
$10.6M -$685K -7,597 -6%
FPWM
15
FSB Premier Wealth Management
Iowa
$10M +$9.36M +103,754 New
Osaic Holdings
16
Osaic Holdings
Arizona
$9.13M -$254K -2,819 -3%
DADC
17
D.A. Davidson & Co
Montana
$8.01M -$128K -1,421 -2%
AAS
18
Avantax Advisory Services
Texas
$7.59M -$2.1M -23,272 -23%
Citadel Advisors
19
Citadel Advisors
Florida
$6.95M +$2.52M +27,971 +64%
Stifel Financial
20
Stifel Financial
Missouri
$6.68M -$1.21M -13,402 -16%
MML Investors Services
21
MML Investors Services
Massachusetts
$6.12M -$502K -5,564 -8%
IA
22
IFP Advisors
Florida
$5.88M -$713K -7,912 -12%
IWM
23
IHT Wealth Management
Illinois
$5.65M -$137K -1,522 -3%
GIA
24
Gladstone Institutional Advisory
Florida
$5.41M +$3.15M +34,897 +166%
KAS
25
Kestra Advisory Services
Texas
$5.33M -$225K -2,498 -4%

FTC Hedge Fund Activity: Q4 2020 in Review

143 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q4 2020, worth a combined $704M — up 13% from $624M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FTC positions and 10 closed out — a net gain of 14 holders — while 34 added to existing stakes and 67 trimmed.

The largest buyer was First Trust Advisors, adding an estimated $7.03M. The largest seller was Morgan Stanley, cutting an estimated $11.6M.

  • 143 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q4 2020, up from 131 in Q3 2020.
  • Funds reported $704M of First Trust Large Cap Growth AlphaDEX Fund stock for Q4 2020, up 13% quarter-over-quarter.
  • 24 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q4 2020 and 10 closed out, a net change of +14 holders.
  • The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q4 2020 was First Trust Advisors, an estimated $7.03M added.
  • The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q4 2020 was Morgan Stanley, an estimated $11.6M sold.

Based on aggregated 13F filings for Q4 2020.