First Trust Small Cap Growth AlphaDEX Fund
33 hedge funds and large institutions have $66.1M invested in First Trust Small Cap Growth AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
6% less funds holding
Funds holding: 35 → 33 (-2)
8.49% less ownership
Funds ownership: 69.85% → 61.36% (-8.5%)
19% less capital inflows, than outflows
Capital inflows: $9.6M | Capital outflows: $11.8M
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$2.64M |
| 2 |
Morgan Stanley
New York
|
+$2.27M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.28M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$903K |
| 5 |
Raymond James & Associates
St Petersburg,
Florida
|
+$838K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.75M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.64M |
| 3 |
IFP Advisors
Tampa,
Florida
|
-$1.92M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$720K |
| 5 |
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$584K |
FYC Hedge Fund Activity: Q2 2017 in Review
33 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q2 2017, worth a combined $66.1M — up 2.1% from $64.7M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FYC and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 15 added.
The largest buyer was Shamrock Asset Management, opening a new position worth an estimated $2.64M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $3.75M.
- 33 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q2 2017, down from 35 in Q1 2017.
- Funds reported $66.1M of First Trust Small Cap Growth AlphaDEX Fund stock for Q2 2017, up 2.1% quarter-over-quarter.
- 4 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q2 2017 and 6 closed out, a net change of -2 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q2 2017 was Shamrock Asset Management, an estimated $2.64M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q2 2017 was Cambridge Investment Research Advisors, an estimated $3.75M sold.
Based on aggregated 13F filings for Q2 2017.