First Trust Small Cap Value AlphaDEX Fund
FYT
38 hedge funds and large institutions have $32M invested in First Trust Small Cap Value AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 9 closing their positions.
12% less funds holding
Funds holding: 43 → 38 (-5)
34.35% less ownership
Funds ownership: 83.82% → 49.46% (-34%)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
52% less capital invested
Capital invested by funds: $67.1M → $32M (-$35.2M)
56% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.61M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$618K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$266K |
| 5 |
NWM
Northwest Wealth Management
Spencer,
Iowa
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$13.4M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$10.2M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$5.28M |
| 4 |
Jane Street
New York
|
-$3.48M |
| 5 |
Morgan Stanley
New York
|
-$1.98M |
FYT Hedge Fund Activity: Q2 2017 in Review
38 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q2 2017, worth a combined $32M — down 52% from $67.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FYT and 4 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Credit Suisse, adding an estimated $1.71M. The largest seller was Hays Advisory, exiting entirely with an estimated $13.4M sold.
- 38 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q2 2017, down from 43 in Q1 2017.
- Funds reported $32M of First Trust Small Cap Value AlphaDEX Fund stock for Q2 2017, down 52% quarter-over-quarter.
- 4 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q2 2017 and 9 closed out, a net change of -5 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q2 2017 was Credit Suisse, an estimated $1.71M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q2 2017 was Hays Advisory, an estimated $13.4M sold.
Based on aggregated 13F filings for Q2 2017.