First Trust Small Cap Value AlphaDEX Fund
FYT
61 hedge funds and large institutions have $190M invested in First Trust Small Cap Value AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 24 increasing their positions, 8 reducing their positions, and 1 closing their positions.
2,000% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 8
131% more capital invested
Capital invested by funds: $82.3M → $190M (+$108M)
49% more funds holding
Funds holding: 41 → 61 (+20)
9.67% more ownership
Funds ownership: 65.95% → 75.62% (+9.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$19.5M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.41M |
| 3 |
LPL Financial
San Diego,
California
|
+$7.19M |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$5.28M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$1.32M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$900K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$867K |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$789K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$638K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $72K | -$8.99K | -190 | -12% |
|
52
Fidelity Investments
Boston,
Massachusetts
| $52K | -$31.5K | -666 | -39% |
|
|
GRP
53
Global Retirement Partners
San Rafael,
California
| $45K | +$42.2K | +892 | New |
|
|
TFA
54
Transamerica Financial Advisors
St. Petersburg,
Florida
| $37K | +$34.6K | +732 | New |
|
|
CFGS
55
Concourse Financial Group Securities
Birmingham,
Alabama
| $26K | – | – | – |
|
|
AIC
56
Ameritas Investment Company
Lincoln,
Nebraska
| $25.9K | +$24.3K | +514 | New |
|
|
IA
57
IFP Advisors
Tampa,
Florida
| $19K | +$47 | +1 | +0.3% |
|
|
MCC
58
Money Concepts Capital
Palm Beach Gardens,
Florida
| $9K | +$8.52K | +180 | New |
|
|
APA
59
American Portfolios Advisors
Holbrook,
New York
| $5.03K | – | – | – |
|
|
RG
60
Retirement Group
San Diego,
California
| $1K | – | – | – |
|
|
EP
61
Eudaimonia Partners
Winchester,
Tennessee
| $1K | +$757 | +16 | New |
|
|
FI
62
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$1.32M | -31,681 | Closed |
|
FYT Hedge Fund Activity: Q1 2021 in Review
61 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q1 2021, worth a combined $190M — up 131% from $82.3M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FYT positions and 1 closed out — a net gain of 20 holders — while 24 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $19.5M. The largest seller was FormulaFolio Investments, exiting entirely with an estimated $1.32M sold.
- 61 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q1 2021, up from 41 in Q4 2020.
- Funds reported $190M of First Trust Small Cap Value AlphaDEX Fund stock for Q1 2021, up 131% quarter-over-quarter.
- 21 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q1 2021 and 1 closed out, a net change of +20 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q1 2021 was Wells Fargo, an estimated $19.5M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q1 2021 was FormulaFolio Investments, an estimated $1.32M sold.
Based on aggregated 13F filings for Q1 2021.