First Trust Small Cap Value AlphaDEX Fund
FYT
23 hedge funds and large institutions have $59.7M invested in First Trust Small Cap Value AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
44% more funds holding
Funds holding: 16 → 23 (+7)
19% more capital invested
Capital invested by funds: $50.4M → $59.7M (+$9.33M)
4.54% more ownership
Funds ownership: 64.58% → 69.12% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$3.95M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.53M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.97M |
| 4 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$1.16M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$866K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.43M |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$347K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$78.8K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$9.67K |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$4.22K |
FYT Hedge Fund Activity: Q1 2014 in Review
23 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q1 2014, worth a combined $59.7M — up 19% from $50.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FYT positions and 1 closed out — a net gain of 7 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was Institute for Wealth Management, opening a new position worth an estimated $3.95M. The largest seller was Bank of America, cutting an estimated $5.43M.
- 23 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q1 2014, up from 16 in Q4 2013.
- Funds reported $59.7M of First Trust Small Cap Value AlphaDEX Fund stock for Q1 2014, up 19% quarter-over-quarter.
- 8 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q1 2014 and 1 closed out, a net change of +7 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q1 2014 was Institute for Wealth Management, an estimated $3.95M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q1 2014 was Bank of America, an estimated $5.43M sold.
Based on aggregated 13F filings for Q1 2014.