First Trust Small Cap Value AlphaDEX Fund
FYT
16 hedge funds and large institutions have $53.7M invested in First Trust Small Cap Value AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
33% more capital invested
Capital invested by funds: $40.4M → $53.7M (+$13.2M)
7% more funds holding
Funds holding: 15 → 16 (+1)
5.91% less ownership
Funds ownership: 70.49% → 64.58% (-5.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.34M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$820K |
| 4 |
LPL Financial
San Diego,
California
|
+$523K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$250K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$252K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$217K |
| 3 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$46.4K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$21.8K |
FYT Hedge Fund Activity: Q4 2013 in Review
16 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q4 2013, worth a combined $53.7M — up 33% from $40.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FYT positions and 1 closed out — a net gain of 2 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.35M. The largest seller was VSR Financial Services, cutting an estimated $252K.
- 16 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q4 2013, up from 15 in Q3 2013.
- Funds reported $53.7M of First Trust Small Cap Value AlphaDEX Fund stock for Q4 2013, up 33% quarter-over-quarter.
- 3 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q4 2013 and 1 closed out, a net change of +2 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q4 2013 was Morgan Stanley, an estimated $6.35M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q4 2013 was VSR Financial Services, an estimated $252K sold.
Based on aggregated 13F filings for Q4 2013.