First Trust Small Cap Value AlphaDEX Fund
FYT
33 hedge funds and large institutions have $38.7M invested in First Trust Small Cap Value AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 5 closing their positions.
8.04% more ownership
Funds ownership: 48.16% → 56.2% (+8%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
1% less capital invested
Capital invested by funds: $39.1M → $38.7M (-$375K)
11% less funds holding
Funds holding: 37 → 33 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$4.62M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.65M |
| 3 |
NWM
Northwest Wealth Management
Spencer,
Iowa
|
+$845K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$181K |
| 5 |
LA
LexAurum Advisors
Overland Park,
Kansas
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.19M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.98M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$621K |
| 4 |
Jane Street
New York
|
-$337K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$312K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $134K | -$13.8K | -378 | -9% |
|
27
UBS Group
Zurich,
Switzerland
| $108K | -$24.9K | -681 | -18% |
|
|
CPIG
28
Chicago Partners Investment Group
Chicago,
Illinois
| $70K | +$16.2K | +442 | +29% |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $50K | – | – | – |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $15K | – | – | – |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $14K | – | – | – |
|
|
S
32
SignatureFD
Atlanta,
Georgia
| $10K | +$10.2K | +280 | New |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$312K | -8,444 | Closed |
|
|
KWM
34
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$252K | -6,849 | Closed |
|
35
SG Americas Securities
New York
| – | -$196K | -5,287 | Closed |
|
|
CA
36
Calton & Associates
Tampa,
Florida
| – | -$13K | -364 | Closed |
|
|
WC
37
Whitnell & Co
Oak Brook,
Illinois
| – | -$9K | -233 | Closed |
|
FYT Hedge Fund Activity: Q1 2018 in Review
33 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q1 2018, worth a combined $38.7M — down 0.96% from $39.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FYT and 2 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $4.62M. The largest seller was Raymond James & Associates, cutting an estimated $2.19M.
- 33 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q1 2018, down from 37 in Q4 2017.
- Funds reported $38.7M of First Trust Small Cap Value AlphaDEX Fund stock for Q1 2018, down 0.96% quarter-over-quarter.
- 2 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q1 2018 and 5 closed out, a net change of -3 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q1 2018 was First Allied Advisory Services, an estimated $4.62M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q1 2018 was Raymond James & Associates, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2018.