First Trust Small Cap Growth AlphaDEX Fund
61 hedge funds and large institutions have $222M invested in First Trust Small Cap Growth AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 6 reducing their positions, and 3 closing their positions.
433% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 6
367% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 3
113% more capital invested
Capital invested by funds: $104M → $222M (+$117M)
22% more funds holding
Funds holding: 50 → 61 (+11)
13.2% more ownership
Funds ownership: 65.7% → 78.9% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$31.7M |
| 2 |
Morgan Stanley
New York
|
+$17.7M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$15.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$10.1M |
| 5 |
LPL Financial
San Diego,
California
|
+$8.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$2.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$187K |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$69.1K |
| 4 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$11.6K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$10.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
51
Flagship Harbor Advisors
Boston,
Massachusetts
| $33K | +$32.5K | +700 | New |
|
|
NWM
52
Northwest Wealth Management
Spencer,
Iowa
| $23K | – | – | – |
|
53
Envestnet Asset Management
Chicago,
Illinois
| $17K | -$1.07K | -23 | -6% |
|
54
Citigroup
New York
| $14K | +$3.48K | +75 | +37% |
|
|
AWA
55
Acorn Wealth Advisors
Grand Blanc,
Michigan
| $13K | – | – | – |
|
56
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $12K | +$11.1K | +239 | New |
|
|
APA
57
American Portfolios Advisors
Holbrook,
New York
| $11.3K | +$2.88K | +62 | +36% |
|
|
SWM
58
SeaCrest Wealth Management
Purchase,
New York
| $11K | – | – | – |
|
|
CHC
59
City Holding Co
Charleston,
West Virginia
| $10K | +$9.78K | +211 | New |
|
|
WAP
60
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $5K | – | – | – |
|
|
SWP
61
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$5K | -110 | Closed |
|
62
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$1K | -14 | Closed |
|
FYC Hedge Fund Activity: Q2 2018 in Review
61 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q2 2018, worth a combined $222M — up 113% from $104M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FYC positions and 3 closed out — a net gain of 11 holders — while 32 added to existing stakes and 6 trimmed.
The largest buyer was Cornerstone Wealth Management, adding an estimated $31.7M. The largest seller was Kingsview Wealth Management, cutting an estimated $2.7M.
- 61 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q2 2018, up from 50 in Q1 2018.
- Funds reported $222M of First Trust Small Cap Growth AlphaDEX Fund stock for Q2 2018, up 113% quarter-over-quarter.
- 14 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q2 2018 and 3 closed out, a net change of +11 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $31.7M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q2 2018 was Kingsview Wealth Management, an estimated $2.7M sold.
Based on aggregated 13F filings for Q2 2018.