First Trust Small Cap Value AlphaDEX Fund
FYT
23 hedge funds and large institutions have $28.1M invested in First Trust Small Cap Value AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 8 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
3.63% more ownership
Funds ownership: 41.33% → 44.95% (+3.6%)
3% more capital invested
Capital invested by funds: $27.3M → $28.1M (+$819K)
12% less funds holding
Funds holding: 26 → 23 (-3)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.12M |
| 2 |
SG Americas Securities
New York
|
+$1.25M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$934K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$426K |
| 5 |
Jane Street
New York
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$2.98M |
| 2 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
-$2.44M |
| 3 |
AIG
American International Group
New York
|
-$927K |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$475K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$349K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BTS
26
BB&T Securities
Richmond,
Virginia
| – | -$2.98M | -10,015 | Closed |
|
|
PAG
27
Private Advisor Group
Morristown,
New Jersey
| – | -$201K | -6,750 | Closed |
|
|
NFG
28
Next Financial Group
Houston,
Texas
| – | -$55K | -1,853 | Closed |
|
|
JFA
29
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$5K | -180 | Closed |
|
|
BCI
30
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$2K | -65 | Closed |
|
31
Parallax Volatility Advisers
San Francisco,
California
| – | +$31 | +1 | New |
|
FYT Hedge Fund Activity: Q4 2014 in Review
23 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q4 2014, worth a combined $28.1M — up 3% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FYT and 6 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 9 added.
The largest buyer was Morgan Stanley, adding an estimated $3.12M. The largest seller was BB&T Securities, exiting entirely with an estimated $2.98M sold.
- 23 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q4 2014, down from 26 in Q3 2014.
- Funds reported $28.1M of First Trust Small Cap Value AlphaDEX Fund stock for Q4 2014, up 3% quarter-over-quarter.
- 6 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q4 2014 and 8 closed out, a net change of -2 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q4 2014 was Morgan Stanley, an estimated $3.12M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q4 2014 was BB&T Securities, an estimated $2.98M sold.
Based on aggregated 13F filings for Q4 2014.