First Trust Small Cap Value AlphaDEX Fund
FYT
30 hedge funds and large institutions have $28M invested in First Trust Small Cap Value AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 7 reducing their positions, and 5 closing their positions.
86% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 7
8% more capital invested
Capital invested by funds: $25.9M → $28M (+$2.17M)
6.6% more ownership
Funds ownership: 51.78% → 58.38% (+6.6%)
6% less funds holding
Funds holding: 32 → 30 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$3.14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.01M |
| 3 |
LPL Financial
San Diego,
California
|
+$703K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$445K |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$245K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.98M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$916K |
| 3 |
HF
HRT Financial
New York
|
-$914K |
| 4 |
Jane Street
New York
|
-$783K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$277K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $33K | +$30.9K | +1,200 | New |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $23K | +$6.08K | +236 | +42% |
|
28
Creative Planning
Overland Park,
Kansas
| $13K | – | – | – |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $8K | -$34.5K | -1,341 | -85% |
|
|
30
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$916K | -33,797 | Closed |
|
|
HF
31
HRT Financial
New York
| – | -$914K | -33,758 | Closed |
|
|
32
Jane Street
New York
| – | -$783K | -28,893 | Closed |
|
|
FHC
33
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$277K | -10,227 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | -$17K | -634 | Closed |
|
FYT Hedge Fund Activity: Q1 2016 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q1 2016, worth a combined $28M — up 8.4% from $25.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FYT and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 13 added.
The largest buyer was VSR Financial Services, opening a new position worth an estimated $3.14M. The largest seller was Morgan Stanley, cutting an estimated $1.98M.
- 30 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q1 2016, down from 32 in Q4 2015.
- Funds reported $28M of First Trust Small Cap Value AlphaDEX Fund stock for Q1 2016, up 8.4% quarter-over-quarter.
- 3 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q1 2016 and 5 closed out, a net change of -2 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q1 2016 was VSR Financial Services, an estimated $3.14M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $1.98M sold.
Based on aggregated 13F filings for Q1 2016.