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First Trust Small Cap Value AlphaDEX Fund

34 hedge funds and large institutions have $24.9M invested in First Trust Small Cap Value AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 12 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

25% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 12

6.99% less ownership

Funds ownership: 55.7%48.71% (-7%)

15% less funds holding

Funds holding: 4034 (-6)

37% less capital invested

Capital invested by funds: $39.2M → $24.9M (-$14.3M)

67% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 9

Holders
34
Holders Change
-6
Holders Change %
-15%
% of All Funds
0.76%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
15
Reduced
12
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$5.37M -$233K -6,683 -4%
LPL Financial
2
LPL Financial
California
$3.09M -$69.4K -1,986 -2%
Bank of America
3
Bank of America
North Carolina
$2.41M +$25.1K +718 +0.9%
Wells Fargo
4
Wells Fargo
California
$2.17M +$95.5K +2,735 +4%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$1.67M +$541K +15,483 +40%
BFEC
6
Benjamin F. Edwards & Company
Missouri
$1.44M +$406K +11,614 +33%
Citadel Advisors
7
Citadel Advisors
Florida
$1.15M +$740K +21,181 +132%
RJA
8
Raymond James & Associates
Florida
$934K +$664K +19,015 +170%
NWM
9
Northwest Wealth Management
Iowa
$708K -$1.62M -46,514 -67%
US Bancorp
10
US Bancorp
Minnesota
$597K -$22.2K -637 -3%
AG
11
Advisor Group
Arizona
$568K +$74.3K +2,128 +13%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$436K -$3.51M -100,393 -88%
IWA
13
Intercontinental Wealth Advisors
Texas
$381K
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$362K +$147K +4,203 +56%
LTFS
15
Ladenburg Thalmann Financial Services
Florida
$350K +$116K +3,334 +42%
DADC
16
D.A. Davidson & Co
Montana
$341K +$16.7K +478 +5%
CS
17
Credit Suisse
Switzerland
$326K +$368K +10,531 New
GIA
18
Gladstone Institutional Advisory
Florida
$316K +$357K +10,217 New
Stifel Financial
19
Stifel Financial
Missouri
$301K +$71.9K +2,060 +27%
MRCM
20
M&R Capital Management
New Jersey
$300K +$67.4K +1,930 +25%
CPIG
21
Chicago Partners Investment Group
Illinois
$274K +$98K +2,805 +53%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$240K -$17.7K -506 -6%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$225K -$166K -4,765 -40%
Citigroup
24
Citigroup
New York
$192K
CFGS
25
Concourse Financial Group Securities
Alabama
$189K +$44.4K +1,271 +26%

FYT Hedge Fund Activity: Q4 2018 in Review

34 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q4 2018, worth a combined $24.9M — down 37% from $39.2M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of FYT and 3 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 15 added.

The largest buyer was Citadel Advisors, adding an estimated $740K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $3.51M.

  • 34 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q4 2018, down from 40 in Q3 2018.
  • Funds reported $24.9M of First Trust Small Cap Value AlphaDEX Fund stock for Q4 2018, down 37% quarter-over-quarter.
  • 3 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q4 2018 and 9 closed out, a net change of -6 holders.
  • The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q4 2018 was Citadel Advisors, an estimated $740K added.
  • The largest First Trust Small Cap Value AlphaDEX Fund seller in Q4 2018 was Raymond James Financial Services Advisors, an estimated $3.51M sold.

Based on aggregated 13F filings for Q4 2018.