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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.

New
Increased
Maintained
Reduced
Closed

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: 5061 (+11)

13.2% more ownership

Funds ownership: 65.7%78.9% (+13%)

Holders
61
Holders Change
+11
Holders Change %
+22%
% of All Funds
1.4%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
14
Increased
32
Reduced
6
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$46.2M +$17.7M +381,080 +67%
RJA
2
Raymond James & Associates
Florida
$29.4M +$15.4M +331,925 +121%
Bank of America
3
Bank of America
North Carolina
$26.7M +$10.1M +217,247 +65%
LPL Financial
4
LPL Financial
California
$22.1M +$8.21M +177,087 +64%
CWM
5
Cornerstone Wealth Management
Missouri
$14.2M +$31.7M +682,996 +4,799%
UBS Group
6
UBS Group
Switzerland
$9.76M +$2.63M +56,777 +39%
First Trust Advisors
7
First Trust Advisors
Illinois
$9.41M +$6.34M +136,670 +238%
BFEC
8
Benjamin F. Edwards & Company
Missouri
$8.95M +$6.51M +140,399 +318%
Cambridge Investment Research Advisors
9
Cambridge Investment Research Advisors
Iowa
$8.23M +$858K +18,509 +12%
Carson Wealth (CWM LLC)
10
Carson Wealth (CWM LLC)
Nebraska
$3.71M +$3.55M +76,468 New
RJFSA
11
Raymond James Financial Services Advisors
Florida
$3.57M +$1.53M +33,098 +82%
Jane Street
12
Jane Street
New York
$3.16M +$2.79M +60,270 +1,263%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$2.72M +$420K +9,066 +19%
SAM
14
Shamrock Asset Management
Texas
$2.67M -$11.6K -250 -0.5%
CCA
15
Clearwater Capital Advisors
Illinois
$2.58M +$9.27K +200 +0.4%
CS
16
Credit Suisse
Switzerland
$2.43M +$2.32M +50,000 New
TFA
17
Transamerica Financial Advisors
Florida
$2.08M -$69.1K -1,491 -3%
MML Investors Services
18
MML Investors Services
Massachusetts
$1.94M +$853K +18,391 +85%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$1.79M +$1.71M +36,895 New
LA
20
LexAurum Advisors
Kansas
$1.72M +$1.64M +35,409 New
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$1.66M +$1.31M +28,144 +470%
SPIA
22
Steward Partners Investment Advisory
New York
$1.5M +$32.4K +699 +2%
MWM
23
Merriman Wealth Management
Washington
$1.47M +$1.41M +30,369 New
JIP
24
Jaffetilchin Investment Partners
Florida
$1.23M +$315K +6,803 +37%
Wells Fargo
25
Wells Fargo
California
$1.21M -$187K -4,027 -14%

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.