First Trust Large Cap Growth AlphaDEX Fund
170 hedge funds and large institutions have $683M invested in First Trust Large Cap Growth AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 61 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
2% more funds holding
Funds holding: 167 → 170 (+3)
0.04% less ownership
Funds ownership: 68.48% → 68.44% (-0.04%)
8% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 66
11% less capital invested
Capital invested by funds: $768M → $683M (-$85.4M)
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
| 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
FTC Hedge Fund Activity: Q2 2023 in Review
170 of the 6,369 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 $683M — down 11% from $768M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FTC positions and 10 closed out — a net gain of 6 holders — while 61 added to existing stakes and 66 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.24M. The largest seller was Mach-1 Financial Group, exiting entirely with an estimated $128M sold.
- 170 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q2 2023, up from 167 in Q1 2023.
- Funds reported $683M of First Trust Large Cap Growth AlphaDEX Fund stock for Q2 2023, down 11% 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 Mach-1 Financial Group, an estimated $128M sold.
Based on aggregated 13F filings for Q2 2023.