First Trust Small Cap Growth AlphaDEX Fund
72 hedge funds and large institutions have $125M invested in First Trust Small Cap Growth AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 6 closing their positions.
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
10% more capital invested
Capital invested by funds: $114M → $125M (+$11.4M)
4.2% more ownership
Funds ownership: 55.19% → 59.39% (+4.2%)
0% more funds holding
Funds holding: 72 → 72 (0)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.42M |
| 2 |
Morgan Stanley
New York
|
+$2.63M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$1.61M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.46M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.14M |
Top Sellers
| 1 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$3.97M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.28M |
| 3 |
Goldman Sachs
New York
|
-$647K |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$319K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$250K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BAAM
76
Baker Avenue Asset Management
San Francisco,
California
| – | -$169K | -3,062 | Closed |
|
|
JAWM
77
J. Arnold Wealth Management
Youngstown,
Ohio
| – | -$144K | -2,613 | Closed |
|
78
Rockefeller Capital Management
New York
| – | -$69K | -1,249 | Closed |
|
FYC Hedge Fund Activity: Q1 2023 in Review
72 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q1 2023, worth a combined $125M — up 10% from $114M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FYC positions and 6 closed out — a net gain of 2 holders — while 23 added to existing stakes and 30 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $4.42M. The largest seller was Csenge Advisory Group, cutting an estimated $3.97M.
- 72 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $125M of First Trust Small Cap Growth AlphaDEX Fund stock for Q1 2023, up 10% quarter-over-quarter.
- 8 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q1 2023 and 6 closed out, a net change of +2 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q1 2023 was Raymond James Financial Services Advisors, an estimated $4.42M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q1 2023 was Csenge Advisory Group, an estimated $3.97M sold.
Based on aggregated 13F filings for Q1 2023.