First Trust Small Cap Value AlphaDEX Fund
FYT
32 hedge funds and large institutions have $29.4M invested in First Trust Small Cap Value AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 6 closing their positions.
3.63% less ownership
Funds ownership: 49.46% → 45.83% (-3.6%)
8% less capital invested
Capital invested by funds: $32M → $29.4M (-$2.56M)
16% less funds holding
Funds holding: 38 → 32 (-6)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.03M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$387K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$218K |
| 5 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
+$193K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.7M |
| 2 |
Jane Street
New York
|
-$1.63M |
| 3 |
Morgan Stanley
New York
|
-$1.39M |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$884K |
| 5 |
SG Americas Securities
New York
|
-$513K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $145K | +$169 | +5 | +0.1% |
|
|
GWM
27
Geneos Wealth Management
Englewood,
Colorado
| $50K | – | – | – |
|
|
FHA
28
First Horizon Advisors
Memphis,
Tennessee
| $31K | – | – | – |
|
|
CPIG
29
Chicago Partners Investment Group
Chicago,
Illinois
| $29K | +$27.7K | +821 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $14K | – | – | – |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $14K | – | – | – |
|
|
32
Jane Street
New York
| – | -$1.63M | -47,851 | Closed |
|
33
Ameriprise
Minneapolis,
Minnesota
| – | -$249K | -7,228 | Closed |
|
|
NWM
34
Northwest Wealth Management
Spencer,
Iowa
| – | -$244K | -7,184 | Closed |
|
35
Creative Planning
Overland Park,
Kansas
| – | -$68K | -2,000 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$4K | -130 | Closed |
|
37
Envestnet Asset Management
Chicago,
Illinois
| – | -$4K | -122 | Closed |
|
FYT Hedge Fund Activity: Q3 2017 in Review
32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q3 2017, worth a combined $29.4M — down 8% from $32M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FYT and 2 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.03M. The largest seller was Susquehanna International Group, cutting an estimated $1.7M.
- 32 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q3 2017, down from 38 in Q2 2017.
- Funds reported $29.4M of First Trust Small Cap Value AlphaDEX Fund stock for Q3 2017, down 8% quarter-over-quarter.
- 2 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q3 2017 and 6 closed out, a net change of -4 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q3 2017 was Raymond James & Associates, an estimated $2.03M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q3 2017 was Susquehanna International Group, an estimated $1.7M sold.
Based on aggregated 13F filings for Q3 2017.