First Trust Small Cap Value AlphaDEX Fund
FYT
30 hedge funds and large institutions have $37.5M invested in First Trust Small Cap Value AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
30% more funds holding
Funds holding: 23 → 30 (+7)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12.45% less ownership
Funds ownership: 69.12% → 56.68% (-12%)
40% less capital invested
Capital invested by funds: $63M → $37.5M (-$25.5M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.74M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.37M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.32M |
| 4 |
IFWM
Institute for Wealth Management
Denver,
Colorado
|
+$728K |
| 5 |
Jane Street
New York
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$21.8M |
| 2 |
Morgan Stanley
New York
|
-$7.22M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$2.03M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.05M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$521K |
FYT Hedge Fund Activity: Q2 2014 in Review
30 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q2 2014, worth a combined $37.5M — down 40% from $63M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FYT positions and 4 closed out — a net gain of 7 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $2.74M. The largest seller was Hays Advisory, exiting entirely with an estimated $21.8M sold.
- 30 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q2 2014, up from 23 in Q1 2014.
- Funds reported $37.5M of First Trust Small Cap Value AlphaDEX Fund stock for Q2 2014, down 40% quarter-over-quarter.
- 11 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q2 2014 and 4 closed out, a net change of +7 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q2 2014 was SG Americas Securities, an estimated $2.74M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q2 2014 was Hays Advisory, an estimated $21.8M sold.
Based on aggregated 13F filings for Q2 2014.