First Trust Small Cap Value AlphaDEX Fund
FYT
28 hedge funds and large institutions have $24.7M invested in First Trust Small Cap Value AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 4 closing their positions.
4.93% less ownership
Funds ownership: 48.09% → 43.15% (-4.9%)
7% less funds holding
Funds holding: 30 → 28 (-2)
15% less capital invested
Capital invested by funds: $29.1M → $24.7M (-$4.4M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$303K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$257K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$105K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
+$31.8K |
| 5 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$16.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$968K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$965K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$848K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$487K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$468K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIC
26
Ameritas Investment Company
Lincoln,
Nebraska
| $17K | +$16.9K | +504 | New |
|
|
SPIA
27
Steward Partners Investment Advisory
New York
| $13K | – | – | – |
|
|
RIA
28
Realta Investment Advisors
Wilmington,
Delaware
| $12K | +$67 | +2 | +0.6% |
|
|
29
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$968K | -27,932 | Closed |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$848K | -24,469 | Closed |
|
|
CS
31
Credit Suisse
Zurich,
Switzerland
| – | -$276K | -7,981 | Closed |
|
FYT Hedge Fund Activity: Q3 2019 in Review
28 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q3 2019, worth a combined $24.7M — down 15% from $29.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FYT and 2 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 7 added.
The largest buyer was Gladstone Institutional Advisory, adding an estimated $303K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $968K sold.
- 28 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q3 2019, down from 30 in Q2 2019.
- Funds reported $24.7M of First Trust Small Cap Value AlphaDEX Fund stock for Q3 2019, down 15% quarter-over-quarter.
- 2 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q3 2019 and 4 closed out, a net change of -2 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q3 2019 was Gladstone Institutional Advisory, an estimated $303K added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q3 2019 was Susquehanna International Group, an estimated $968K sold.
Based on aggregated 13F filings for Q3 2019.