First Trust Small Cap Growth AlphaDEX Fund
67 hedge funds and large institutions have $150M invested in First Trust Small Cap Growth AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 21 reducing their positions, and 7 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 21
16% more capital invested
Capital invested by funds: $129M → $150M (+$20.9M)
4.42% more ownership
Funds ownership: 59.69% → 64.11% (+4.4%)
0% more funds holding
Funds holding: 67 → 67 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$26.7M |
| 2 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$11.9M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.41M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$910K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$682K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.97M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.28M |
| 3 |
Morgan Stanley
New York
|
-$1.32M |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$886K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$838K |
FYC Hedge Fund Activity: Q3 2023 in Review
67 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q3 2023, worth a combined $150M — up 16% from $129M a quarter earlier.
Fund positioning in FYC was balanced in Q3 2023: 7 funds opened new positions, 7 closed out, 26 added to existing stakes and 21 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $26.7M. The largest seller was Wells Fargo, cutting an estimated $3.97M.
- 67 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $150M of First Trust Small Cap Growth AlphaDEX Fund stock for Q3 2023, up 16% quarter-over-quarter.
- 7 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q3 2023 and 7 closed out, a net change of 0 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q3 2023 was First Trust Advisors, an estimated $26.7M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q3 2023 was Wells Fargo, an estimated $3.97M sold.
Based on aggregated 13F filings for Q3 2023.