First Trust Small Cap Growth AlphaDEX Fund
70 hedge funds and large institutions have $324M invested in First Trust Small Cap Growth AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 31 increasing their positions, 12 reducing their positions, and 9 closing their positions.
158% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 12
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
46% more capital invested
Capital invested by funds: $222M → $324M (+$102M)
15% more funds holding
Funds holding: 61 → 70 (+9)
9.41% less ownership
Funds ownership: 78.9% → 69.49% (-9.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$31.5M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$12.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$10.5M |
| 4 |
LPL Financial
San Diego,
California
|
+$9.51M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$16.6M |
| 2 |
Jane Street
New York
|
-$3.16M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.79M |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$1.13M |
| 5 |
NWP
Northstar Wealth Partners
West Hartford,
Connecticut
|
-$1.01M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Envestnet Asset Management
Chicago,
Illinois
| – | -$17K | -349 | Closed |
|
|
AWA
77
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$13K | -256 | Closed |
|
78
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$12K | -239 | Closed |
|
FYC Hedge Fund Activity: Q3 2018 in Review
70 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q3 2018, worth a combined $324M — up 46% from $222M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FYC positions and 9 closed out — a net gain of 9 holders — while 31 added to existing stakes and 12 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $31.5M. The largest seller was Cornerstone Wealth Management, cutting an estimated $16.6M.
- 70 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q3 2018, up from 61 in Q2 2018.
- Funds reported $324M of First Trust Small Cap Growth AlphaDEX Fund stock for Q3 2018, up 46% quarter-over-quarter.
- 18 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q3 2018 and 9 closed out, a net change of +9 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q3 2018 was Morgan Stanley, an estimated $31.5M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q3 2018 was Cornerstone Wealth Management, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2018.