First Trust Small Cap Value AlphaDEX Fund
FYT
67 hedge funds and large institutions have $154M invested in First Trust Small Cap Value AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 28 increasing their positions, 18 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
56% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 18
36% more capital invested
Capital invested by funds: $113M → $154M (+$40.9M)
11.24% more ownership
Funds ownership: 68.88% → 80.13% (+11%)
5% more funds holding
Funds holding: 64 → 67 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$10.5M |
| 2 |
Morgan Stanley
New York
|
+$10.2M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$7.81M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.68M |
| 5 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$5.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$5.62M |
| 2 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$4.06M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$2.33M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.07M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$794K |
FYT Hedge Fund Activity: Q1 2023 in Review
67 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q1 2023, worth a combined $154M — up 36% from $113M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FYT positions and 4 closed out — a net gain of 3 holders — while 28 added to existing stakes and 18 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $10.5M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $5.62M.
- 67 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q1 2023, up from 64 in Q4 2022.
- Funds reported $154M of First Trust Small Cap Value AlphaDEX Fund stock for Q1 2023, up 36% quarter-over-quarter.
- 7 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q1 2023 and 4 closed out, a net change of +3 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q1 2023 was Simplicity Solutions, an estimated $10.5M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q1 2023 was Raymond James Financial Services Advisors, an estimated $5.62M sold.
Based on aggregated 13F filings for Q1 2023.