First Trust Small Cap Growth AlphaDEX Fund
87 hedge funds and large institutions have $221M invested in First Trust Small Cap Growth AlphaDEX Fund in 2024 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
52% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 23
31% more capital invested
Capital invested by funds: $168M → $221M (+$52.6M)
12% more funds holding
Funds holding: 78 → 87 (+9)
3.7% more ownership
Funds ownership: 62.3% → 66% (+3.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HOWA
Heritage Oak Wealth Advisors
Santa Rosa Beach,
Florida
|
+$6.72M |
| 2 |
NWWA
New Wave Wealth Advisors
Springdale,
Arkansas
|
+$6.72M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.54M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.59M |
| 5 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.56M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.89M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.22M |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.2M |
FYC Hedge Fund Activity: Q3 2024 in Review
87 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Growth AlphaDEX Fund (FYC) for Q3 2024, worth a combined $221M — up 31% from $168M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FYC positions and 3 closed out — a net gain of 10 holders — while 35 added to existing stakes and 23 trimmed.
The largest buyer was Heritage Oak Wealth Advisors, opening a new position worth an estimated $6.72M. The largest seller was Royal Bank of Canada, cutting an estimated $2.56M.
- 87 institutional investors held First Trust Small Cap Growth AlphaDEX Fund (FYC) as of Q3 2024, up from 78 in Q2 2024.
- Funds reported $221M of First Trust Small Cap Growth AlphaDEX Fund stock for Q3 2024, up 31% quarter-over-quarter.
- 13 funds opened new First Trust Small Cap Growth AlphaDEX Fund positions in Q3 2024 and 3 closed out, a net change of +10 holders.
- The largest First Trust Small Cap Growth AlphaDEX Fund buyer in Q3 2024 was Heritage Oak Wealth Advisors, an estimated $6.72M added.
- The largest First Trust Small Cap Growth AlphaDEX Fund seller in Q3 2024 was Royal Bank of Canada, an estimated $2.56M sold.
Based on aggregated 13F filings for Q3 2024.