First Trust Small Cap Value AlphaDEX Fund
FYT
60 hedge funds and large institutions have $120M invested in First Trust Small Cap Value AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 30 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
3% more funds holding
Funds holding: 58 → 60 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2.61% less ownership
Funds ownership: 78.58% → 75.97% (-2.6%)
6% less capital invested
Capital invested by funds: $127M → $120M (-$7.21M)
53% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$305K |
| 2 |
AWS
Atria Wealth Solutions
New York
|
+$302K |
| 3 |
PB
Pinnacle Bancorp
Beatrice,
Nebraska
|
+$228K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$165K |
| 5 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$112K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.94M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.75M |
| 3 |
Morgan Stanley
New York
|
-$1.74M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
51
Sunbelt Securities
Houston,
Texas
| $11.7K | – | – | – |
|
|
TFA
52
Transamerica Financial Advisors
St. Petersburg,
Florida
| $11K | -$3.49K | -72 | -24% |
|
|
GRP
53
Global Retirement Partners
San Rafael,
California
| $10.4K | – | – | – |
|
|
CFGS
54
Concourse Financial Group Securities
Birmingham,
Alabama
| $9.39K | -$5.57K | -115 | -37% |
|
|
IA
55
IFP Advisors
Tampa,
Florida
| $8.22K | – | – | – |
|
|
SPIA
56
Steward Partners Investment Advisory
New York
| $4.46K | – | – | – |
|
57
Comerica Bank
Dallas,
Texas
| $3.85K | +$3.97K | +82 | New |
|
|
SWM
58
Spire Wealth Management
Mclean,
Virginia
| $3.62K | – | – | – |
|
|
DFA
59
DHJJ Financial Advisors
Naperville,
Illinois
| $3.48K | +$3.58K | +74 | New |
|
|
RG
60
Retirement Group
San Diego,
California
| $1.17K | – | – | – |
|
61
Citigroup
New York
| – | -$4.38K | -95 | Closed |
|
FYT Hedge Fund Activity: Q3 2023 in Review
60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q3 2023, worth a combined $120M — down 5.7% from $127M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FYT positions and 1 closed out — a net gain of 2 holders — while 14 added to existing stakes and 30 trimmed.
The largest buyer was UBS Group, adding an estimated $305K. The largest seller was Susquehanna International Group, cutting an estimated $1.94M.
- 60 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q3 2023, up from 58 in Q2 2023.
- Funds reported $120M of First Trust Small Cap Value AlphaDEX Fund stock for Q3 2023, down 5.7% quarter-over-quarter.
- 3 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q3 2023 and 1 closed out, a net change of +2 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q3 2023 was UBS Group, an estimated $305K added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q3 2023 was Susquehanna International Group, an estimated $1.94M sold.
Based on aggregated 13F filings for Q3 2023.