First Trust Large Cap Growth AlphaDEX Fund
171 hedge funds and large institutions have $685M invested in First Trust Large Cap Growth AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 62 increasing their positions, 66 reducing their positions, and 10 closing their positions.
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $646M → $685M (+$39.2M)
2% more funds holding
Funds holding: 168 → 171 (+3)
0.02% less ownership
Funds ownership: 68.68% → 68.65% (-0.02%)
6% less repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 66
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
90% less call options, than puts
Call options by funds: $608K | Put options by funds: $5.86M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.24M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$4.58M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.07M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.24M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.58M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$14.6M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$8.55M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.3M |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$4.65M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$3.62M |
FTC Hedge Fund Activity: Q2 2023 in Review
171 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q2 2023, worth a combined $685M — up 6.1% from $646M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FTC positions and 10 closed out — a net gain of 6 holders — while 62 added to existing stakes and 66 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.24M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $14.6M.
- 171 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q2 2023, up from 168 in Q1 2023.
- Funds reported $685M of First Trust Large Cap Growth AlphaDEX Fund stock for Q2 2023, up 6.1% quarter-over-quarter.
- 16 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q2 2023 and 10 closed out, a net change of +6 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q2 2023 was Wells Fargo, an estimated $7.24M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q2 2023 was Cambridge Investment Research Advisors, an estimated $14.6M sold.
Based on aggregated 13F filings for Q2 2023.