First Trust Large Cap Growth AlphaDEX Fund
182 hedge funds and large institutions have $697M invested in First Trust Large Cap Growth AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 69 reducing their positions, and 15 closing their positions.
73% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 15
6% more funds holding
Funds holding: 171 → 182 (+11)
1.3% more ownership
Funds ownership: 68.65% → 69.95% (+1.3%)
2% more capital invested
Capital invested by funds: $685M → $697M (+$12.2M)
12% less repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 69
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$28.2M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$10.2M |
| 3 |
GM
GeoWealth Management
Chicago,
Illinois
|
+$7.62M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$6.02M |
| 5 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$4.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.8M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.01M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.24M |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$3M |
| 5 |
Morgan Stanley
New York
|
-$2.64M |
FTC Hedge Fund Activity: Q3 2023 in Review
182 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Large Cap Growth AlphaDEX Fund (FTC) for Q3 2023, worth a combined $697M — up 1.8% from $685M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FTC positions and 15 closed out — a net gain of 11 holders — while 61 added to existing stakes and 69 trimmed.
The largest buyer was First Trust Advisors, adding an estimated $28.2M. The largest seller was Envestnet Asset Management, cutting an estimated $9.8M.
- 182 institutional investors held First Trust Large Cap Growth AlphaDEX Fund (FTC) as of Q3 2023, up from 171 in Q2 2023.
- Funds reported $697M of First Trust Large Cap Growth AlphaDEX Fund stock for Q3 2023, up 1.8% quarter-over-quarter.
- 26 funds opened new First Trust Large Cap Growth AlphaDEX Fund positions in Q3 2023 and 15 closed out, a net change of +11 holders.
- The largest First Trust Large Cap Growth AlphaDEX Fund buyer in Q3 2023 was First Trust Advisors, an estimated $28.2M added.
- The largest First Trust Large Cap Growth AlphaDEX Fund seller in Q3 2023 was Envestnet Asset Management, an estimated $9.8M sold.
Based on aggregated 13F filings for Q3 2023.