First Trust Small Cap Growth AlphaDEX Fund
57 hedge funds and large institutions have $81.8M invested in First Trust Small Cap Growth AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 13 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
30% more capital invested
Capital invested by funds: $63M → $81.8M (+$18.8M)
8.57% more ownership
Funds ownership: 50.97% → 59.54% (+8.6%)
5% less funds holding
Funds holding: 60 → 57 (-3)
20% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 20
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
+$4.21M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.14M |
| 3 |
MI
Moneywise Inc
Forest,
Virginia
|
+$1.9M |
| 4 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$1.67M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.97M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.89M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.49M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.17M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.08M |
FYC Hedge Fund Activity: Q2 2020 in Review
57 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q2 2020, worth a combined $81.8M — up 30% from $63M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FYC and 10 opened new positions — a net loss of 3 holders — while 20 trimmed existing stakes and 16 added.
The largest buyer was Savior LLC, opening a new position worth an estimated $4.21M. The largest seller was Cambridge Investment Research Advisors, cutting an estimated $3.97M.
- 57 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q2 2020, down from 60 in Q1 2020.
- Funds reported $81.8M of First Trust Small Cap Growth AlphaDEX Fund stock for Q2 2020, up 30% quarter-over-quarter.
- 10 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q2 2020 and 13 closed out, a net change of -3 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q2 2020 was Savior LLC, an estimated $4.21M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q2 2020 was Cambridge Investment Research Advisors, an estimated $3.97M sold.
Based on aggregated 13F filings for Q2 2020.