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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.

New
Increased
Maintained
Reduced
Closed

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: 6170 (+9)

9.41% less ownership

Funds ownership: 78.9%69.49% (-9.4%)

Holders
70
Holders Change
+9
Holders Change %
+14.75%
% of All Funds
1.6%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
18
Increased
31
Reduced
12
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$82.2M +$31.5M +617,440 +65%
RJA
2
Raymond James & Associates
Florida
$44.8M +$12.7M +248,769 +41%
Bank of America
3
Bank of America
North Carolina
$39.5M +$10.5M +205,057 +37%
LPL Financial
4
LPL Financial
California
$33.6M +$9.51M +186,642 +41%
UBS Group
5
UBS Group
Switzerland
$13.9M +$3.31M +64,876 +32%
First Trust Advisors
6
First Trust Advisors
Illinois
$12.7M +$2.53M +49,638 +26%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$11.8M +$2.84M +55,686 +33%
BFEC
8
Benjamin F. Edwards & Company
Missouri
$9.55M -$106K -2,079 -1%
CWM
9
Cornerstone Wealth Management
Missouri
$8.99M -$16.6M -324,735 -47%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$8.35M +$4.39M +86,069 +117%
Carson Wealth (CWM LLC)
11
Carson Wealth (CWM LLC)
Nebraska
$4.03M +$28.6K +562 +0.7%
MML Investors Services
12
MML Investors Services
Massachusetts
$3.79M +$1.65M +32,348 +81%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.33M +$389K +7,628 +14%
CCA
14
Clearwater Capital Advisors
Illinois
$2.67M -$114K -2,230 -4%
SAM
15
Shamrock Asset Management
Texas
$2.64M -$230K -4,515 -8%
CS
16
Credit Suisse
Switzerland
$2.62M
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$2.54M +$738K +14,485 +42%
DADC
18
D.A. Davidson & Co
Montana
$2.35M +$2.29M +44,871 New
TFA
19
Transamerica Financial Advisors
Florida
$2.22M -$22.4K -440 -1%
Wells Fargo
20
Wells Fargo
California
$2.03M +$708K +13,891 +56%
LA
21
LexAurum Advisors
Kansas
$2.02M +$164K +3,218 +9%
GRP
22
Global Retirement Partners
California
$1.67M +$1.63M +31,927 New
Citadel Advisors
23
Citadel Advisors
Florida
$1.66M +$1.62M +31,740 New
IWM
24
IHT Wealth Management
Illinois
$1.64M +$1.37M +26,783 +584%
MWM
25
Merriman Wealth Management
Washington
$1.61M +$17.1K +335 +1%

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.