First Trust Small Cap Value AlphaDEX Fund
FYT
26 hedge funds and large institutions have $27.3M invested in First Trust Small Cap Value AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
13% less funds holding
Funds holding: 30 → 26 (-4)
15.35% less ownership
Funds ownership: 56.68% → 41.33% (-15%)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
27% less capital invested
Capital invested by funds: $37.5M → $27.3M (-$10.2M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.64M |
| 2 |
AIG
American International Group
New York
|
+$941K |
| 3 |
M&T Bank
Buffalo,
New York
|
+$257K |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$138K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$84.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.82M |
| 2 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$2.14M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.36M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$975K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$810K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCI
26
Brinker Capital Investments
Berwyn,
Pennsylvania
| $2K | +$1.14K | +36 | +124% |
|
|
27
SG Americas Securities
New York
| – | -$2.82M | -85,698 | Closed |
|
|
CS
28
Credit Suisse
Zurich,
Switzerland
| – | -$1.36M | -41,283 | Closed |
|
|
VFS
29
VSR Financial Services
Overland Park,
Kansas
| – | -$975K | -29,626 | Closed |
|
30
Jane Street
New York
| – | -$547K | -16,621 | Closed |
|
|
PI
31
Placemark Investments
Chicago,
Illinois
| – | -$281K | -8,582 | Closed |
|
|
BRWA
32
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$43.8K | -1,332 | Closed |
|
FYT Hedge Fund Activity: Q3 2014 in Review
26 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q3 2014, worth a combined $27.3M — down 27% from $37.5M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FYT and 2 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $1.64M. The largest seller was SG Americas Securities, exiting entirely with an estimated $2.82M sold.
- 26 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q3 2014, down from 30 in Q2 2014.
- Funds reported $27.3M of First Trust Small Cap Value AlphaDEX Fund stock for Q3 2014, down 27% quarter-over-quarter.
- 2 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q3 2014 and 6 closed out, a net change of -4 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q3 2014 was Morgan Stanley, an estimated $1.64M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q3 2014 was SG Americas Securities, an estimated $2.82M sold.
Based on aggregated 13F filings for Q3 2014.