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First Trust Small Cap Value AlphaDEX Fund

58 hedge funds and large institutions have $127M invested in First Trust Small Cap Value AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.55% less ownership

Funds ownership: 80.13%78.58% (-1.5%)

13% less funds holding

Funds holding: 6758 (-9)

16% less capital invested

Capital invested by funds: $151M → $127M (-$24.3M)

22% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 23

82% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 11

Holders
58
Holders Change
-9
Holders Change %
-13.43%
% of All Funds
0.91%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
18
Reduced
23
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CFD
26
Creative Financial Designs
Indiana
$698K +$6.35K +143 +1%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$687K -$15.1K -341 -2%
Citadel Advisors
28
Citadel Advisors
Florida
$483K +$466K +10,491 New
CPIG
29
Chicago Partners Investment Group
Illinois
$423K -$6.04K -136 -2%
Goldman Sachs
30
Goldman Sachs
New York
$416K
MRCM
31
M&R Capital Management
New Jersey
$390K
AAS
32
Ameritas Advisory Services
Nebraska
$386K +$321K +7,236 +595%
GVAG
33
Great Valley Advisor Group
Delaware
$363K -$9.99M -225,050 -97%
SMC
34
Smith, Moore & Co
Missouri
$323K +$1.6K +36 +0.5%
PB
35
Pinnacle Bancorp
Nebraska
$309K
DADC
36
D.A. Davidson & Co
Montana
$265K
Koshinski Asset Management
37
Koshinski Asset Management
Illinois
$240K -$108K -2,441 -32%
Janney Montgomery Scott
38
Janney Montgomery Scott
Pennsylvania
$233K -$2.44K -55 -1%
WWMSC
39
Wagner Wealth Management (South Carolina)
South Carolina
$208K -$27.4K -617 -12%
MML Investors Services
40
MML Investors Services
Massachusetts
$203K +$196K +4,414 New
Northwestern Mutual Wealth Management
41
Northwestern Mutual Wealth Management
Wisconsin
$146K +$12.9K +290 +10%
FFA
42
Founders Financial Alliance
North Carolina
$129K
CAL
43
Capital Analysts LLC
Pennsylvania
$114K -$7.28K -164 -6%
NA
44
NewEdge Advisors
Louisiana
$88.8K +$40.7K +916 +91%
CWM
45
Cranbrook Wealth Management
Michigan
$83.8K
MIM
46
MTM Investment Management
South Carolina
$27.9K
Carson Wealth (CWM LLC)
47
Carson Wealth (CWM LLC)
Nebraska
$24K
Fidelity Investments
48
Fidelity Investments
Massachusetts
$21.6K -$25.2K -567 -55%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$18.1K +$44 +1 +0.3%
CFGS
50
Concourse Financial Group Securities
Alabama
$14.5K -$10.3K -231 -42%

FYT Hedge Fund Activity: Q2 2023 in Review

58 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q2 2023, worth a combined $127M — down 16% from $151M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FYT and 2 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 18 added.

The largest buyer was Royal Bank of Canada, adding an estimated $3.07M. The largest seller was Morgan Stanley, cutting an estimated $10.6M.

  • 58 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q2 2023, down from 67 in Q1 2023.
  • Funds reported $127M of First Trust Small Cap Value AlphaDEX Fund stock for Q2 2023, down 16% quarter-over-quarter.
  • 2 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q2 2023 and 11 closed out, a net change of -9 holders.
  • The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q2 2023 was Royal Bank of Canada, an estimated $3.07M added.
  • The largest First Trust Small Cap Value AlphaDEX Fund seller in Q2 2023 was Morgan Stanley, an estimated $10.6M sold.

Based on aggregated 13F filings for Q2 2023.