First Trust Small Cap Growth AlphaDEX Fund
77 hedge funds and large institutions have $167M invested in First Trust Small Cap Growth AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 30 reducing their positions, and 9 closing their positions.
13% more capital invested
Capital invested by funds: $148M → $167M (+$18.9M)
11% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 9
2.4% more ownership
Funds ownership: 59.69% → 62.09% (+2.4%)
0% more funds holding
Funds holding: 77 → 77 (0)
23% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$19.5M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.27M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.86M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.06M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.48M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.77M |
| 3 |
Millennium Management
New York
|
-$943K |
| 4 |
MA
MONECO Advisors
Fairfield,
Connecticut
|
-$639K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$509K |
FYC Hedge Fund Activity: Q1 2024 in Review
77 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q1 2024, worth a combined $167M — up 13% from $148M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FYC positions and 9 closed out — a net gain of 1 holder — while 23 added to existing stakes and 30 trimmed.
The largest buyer was First Trust Advisors, opening a new position worth an estimated $19.5M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $5.48M.
- 77 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q1 2024, unchanged from Q4 2023.
- Funds reported $167M of First Trust Small Cap Growth AlphaDEX Fund stock for Q1 2024, up 13% quarter-over-quarter.
- 10 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q1 2024 and 9 closed out, a net change of +1 holder.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q1 2024 was First Trust Advisors, an estimated $19.5M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q1 2024 was Raymond James Financial Services Advisors, an estimated $5.48M sold.
Based on aggregated 13F filings for Q1 2024.