First Trust Small Cap Value AlphaDEX Fund
FYT
58 hedge funds and large institutions have $127M invested in First Trust Small Cap Value AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 11 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.55% less ownership
Funds ownership: 80.13% → 78.58% (-1.5%)
13% less funds holding
Funds holding: 67 → 58 (-9)
16% less capital invested
Capital invested by funds: $151M → $127M (-$24.3M)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.07M |
| 2 |
BIP
Blueprint Investment Partners
Greensboro,
North Carolina
|
+$2.59M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.3M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$776K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.6M |
| 2 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$9.99M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.38M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.47M |
| 5 |
LPL Financial
San Diego,
California
|
-$2.14M |
FYT Hedge Fund Activity: Q2 2023 in Review
58 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q2 2023, worth a combined $127M — down 16% from $151M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FYT and 2 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 18 added.
The largest buyer was Royal Bank of Canada, adding an estimated $3.07M. The largest seller was Morgan Stanley, cutting an estimated $10.6M.
- 58 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q2 2023, down from 67 in Q1 2023.
- Funds reported $127M of First Trust Small Cap Value AlphaDEX Fund stock for Q2 2023, down 16% quarter-over-quarter.
- 2 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q2 2023 and 11 closed out, a net change of -9 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q2 2023 was Royal Bank of Canada, an estimated $3.07M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q2 2023 was Morgan Stanley, an estimated $10.6M sold.
Based on aggregated 13F filings for Q2 2023.