First Trust Small Cap Value AlphaDEX Fund
FYT
38 hedge funds and large institutions have $44M invested in First Trust Small Cap Value AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
27% more capital invested
Capital invested by funds: $34.7M → $44M (+$9.31M)
23% more funds holding
Funds holding: 31 → 38 (+7)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
9.31% less ownership
Funds ownership: 64.22% → 54.91% (-9.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$1.19M |
| 2 |
Morgan Stanley
New York
|
+$1.11M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.07M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.05M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$675K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$847K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$304K |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$165K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$122K |
| 5 |
SG Americas Securities
New York
|
-$101K |
FYT Hedge Fund Activity: Q4 2016 in Review
38 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q4 2016, worth a combined $44M — up 27% from $34.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FYT positions and 1 closed out — a net gain of 7 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Jaffetilchin Investment Partners, opening a new position worth an estimated $1.19M. The largest seller was Raymond James & Associates, cutting an estimated $847K.
- 38 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q4 2016, up from 31 in Q3 2016.
- Funds reported $44M of First Trust Small Cap Value AlphaDEX Fund stock for Q4 2016, up 27% quarter-over-quarter.
- 8 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q4 2016 and 1 closed out, a net change of +7 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q4 2016 was Jaffetilchin Investment Partners, an estimated $1.19M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q4 2016 was Raymond James & Associates, an estimated $847K sold.
Based on aggregated 13F filings for Q4 2016.