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First Trust Small Cap Value AlphaDEX Fund

38 hedge funds and large institutions have $32M invested in First Trust Small Cap Value AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% less funds holding

Funds holding: 4338 (-5)

34.35% less ownership

Funds ownership: 83.82%49.46% (-34%)

41% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 17

52% less capital invested

Capital invested by funds: $67.1M → $32M (-$35.2M)

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
38
Holders Change
-5
Holders Change %
-11.63%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
4
Increased
10
Reduced
17
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MRCM
26
M&R Capital Management
New Jersey
$218K +$59.2K +1,750 +36%
Citigroup
27
Citigroup
New York
$211K
LTFS
28
Ladenburg Thalmann Financial Services
Florida
$204K -$41.6K -1,231 -17%
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$138K +$203 +6 +0.1%
WA
30
WFG Advisors
Texas
$90K +$1.69K +50 +2%
Creative Planning
31
Creative Planning
Kansas
$68K
GWM
32
Geneos Wealth Management
Colorado
$48K
FHA
33
First Horizon Advisors
Tennessee
$29K -$132K -3,907 -82%
IA
34
IFP Advisors
Florida
$14K
SPIA
35
Steward Partners Investment Advisory
New York
$13K
Envestnet Asset Management
36
Envestnet Asset Management
Illinois
$4K -$355K -10,505 -99%
TRCT
37
Tower Research Capital (TRC)
New York
$4K +$4.39K +130 New
HA
38
Hays Advisory
Tennessee
-$13.4M -392,531 Closed
BTS
39
BB&T Securities
Virginia
-$10.2M -298,047 Closed
Citadel Advisors
40
Citadel Advisors
Florida
-$1.22M -35,745 Closed
CWM
41
Cornerstone Wealth Management
Missouri
-$586K -17,756 Closed
JIP
42
Jaffetilchin Investment Partners
Florida
-$404K -11,844 Closed
HFS
43
HL Financial Services
Kentucky
-$221K -6,482 Closed
IPC
44
Independent Portfolio Consultants
Florida
-$16K -480 Closed
PS
45
Portfolio Solutions
Michigan
-$10K -299 Closed
NFG
46
Next Financial Group
Texas
-$2K -56 Closed

FYT Hedge Fund Activity: Q2 2017 in Review

38 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q2 2017, worth a combined $32M — down 52% from $67.1M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FYT and 4 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 10 added.

The largest buyer was Credit Suisse, adding an estimated $1.71M. The largest seller was Hays Advisory, exiting entirely with an estimated $13.4M sold.

  • 38 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q2 2017, down from 43 in Q1 2017.
  • Funds reported $32M of First Trust Small Cap Value AlphaDEX Fund stock for Q2 2017, down 52% quarter-over-quarter.
  • 4 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q2 2017 and 9 closed out, a net change of -5 holders.
  • The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q2 2017 was Credit Suisse, an estimated $1.71M added.
  • The largest First Trust Small Cap Value AlphaDEX Fund seller in Q2 2017 was Hays Advisory, an estimated $13.4M sold.

Based on aggregated 13F filings for Q2 2017.