First Trust Small Cap Value AlphaDEX Fund
FYT
24 hedge funds and large institutions have $14.1M invested in First Trust Small Cap Value AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 13 closing their positions.
13.19% less ownership
Funds ownership: 55.7% → 42.5% (-13%)
27% less funds holding
Funds holding: 33 → 24 (-9)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
63% less capital invested
Capital invested by funds: $38.4M → $14.1M (-$24.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.88M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.52M |
| 3 |
Jane Street
New York
|
+$453K |
| 4 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$424K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$363K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$6.43M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$6.4M |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$2.12M |
| 4 |
LPL Financial
San Diego,
California
|
-$713K |
| 5 |
Morgan Stanley
New York
|
-$511K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
26
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$6.4M | -166,966 | Closed |
|
|
GIA
27
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$2.12M | -55,235 | Closed |
|
|
RJFSA
28
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$450K | -11,728 | Closed |
|
|
CPIG
29
Chicago Partners Investment Group
Chicago,
Illinois
| – | -$353K | -9,282 | Closed |
|
|
NWM
30
Northwest Wealth Management
Spencer,
Iowa
| – | -$324K | -8,454 | Closed |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$317K | -8,259 | Closed |
|
32
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$297K | -7,758 | Closed |
|
33
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$265K | -6,918 | Closed |
|
|
SMC
34
Smith, Moore & Co
Clayton,
Missouri
| – | -$222K | -5,779 | Closed |
|
|
CS
35
Credit Suisse
Zurich,
Switzerland
| – | -$221K | -5,753 | Closed |
|
|
SPIA
36
Steward Partners Investment Advisory
New York
| – | -$15K | -400 | Closed |
|
|
RIA
37
Realta Investment Advisors
Wilmington,
Delaware
| – | -$13K | -350 | Closed |
|
FYT Hedge Fund Activity: Q1 2020 in Review
24 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q1 2020, worth a combined $14.1M — down 63% from $38.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FYT and 7 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $1.88M. The largest seller was AE Wealth Management, exiting entirely with an estimated $6.43M sold.
- 24 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q1 2020, down from 33 in Q4 2019.
- Funds reported $14.1M of First Trust Small Cap Value AlphaDEX Fund stock for Q1 2020, down 63% quarter-over-quarter.
- 7 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q1 2020 and 13 closed out, a net change of -6 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q1 2020 was Tower Research Capital (TRC), an estimated $1.88M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q1 2020 was AE Wealth Management, an estimated $6.43M sold.
Based on aggregated 13F filings for Q1 2020.