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First Trust Small Cap Value AlphaDEX Fund

60 hedge funds and large institutions have $120M invested in First Trust Small Cap Value AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 30 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 1

3% more funds holding

Funds holding: 5860 (+2)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2.61% less ownership

Funds ownership: 78.58%75.97% (-2.6%)

6% less capital invested

Capital invested by funds: $127M → $120M (-$7.21M)

53% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 30

Holders
60
Holders Change
+2
Holders Change %
+3.45%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
14
Reduced
30
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$13.3M -$413K -8,533 -3%
SS
2
Simplicity Solutions
Minnesota
$12.8M +$165K +3,410 +1%
BIP
3
Blueprint Investment Partners
North Carolina
$12.1M +$112K +2,304 +0.9%
LPL Financial
4
LPL Financial
California
$12M -$1.75M -36,079 -12%
Morgan Stanley
5
Morgan Stanley
New York
$9.51M -$1.74M -35,996 -15%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$8.11M -$1.06M -21,842 -11%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$8.09M -$1.4M -28,812 -14%
Truist Financial
8
Truist Financial
North Carolina
$7.5M -$663K -13,696 -8%
PAG
9
Private Advisor Group
New Jersey
$4.01M -$31.9K -658 -0.8%
UBS Group
10
UBS Group
Switzerland
$3.62M +$305K +6,308 +9%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$3.11M -$19.3K -399 -0.6%
HI
12
Harbour Investments
Wisconsin
$2.76M +$100K +2,069 +4%
KWM
13
Kingsview Wealth Management
Oregon
$2.32M +$44.1K +910 +2%
Osaic Holdings
14
Osaic Holdings
Arizona
$1.88M -$266K -5,494 -12%
BFEC
15
Benjamin F. Edwards & Company
Missouri
$1.86M -$53.7K -1,108 -3%
RJA
16
Raymond James & Associates
Florida
$1.56M -$250K -5,161 -13%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$1.4M -$62.9K -1,299 -4%
BAM
18
Belpointe Asset Management
Nevada
$1.23M -$551K -11,374 -30%
KAS
19
Kestra Advisory Services
Texas
$1.21M -$10.7K -221 -0.8%
AWS
20
Atria Wealth Solutions
New York
$1.2M +$302K +6,230 +32%
US Bancorp
21
US Bancorp
Minnesota
$1.1M -$920 -19 -0.1%
Stifel Financial
22
Stifel Financial
Missouri
$972K +$8.67K +179 +0.9%
TRCT
23
Tower Research Capital (TRC)
New York
$760K -$380K -7,846 -33%
CFD
24
Creative Financial Designs
Indiana
$695K -$17.5K -362 -2%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$651K -$50.4K -1,040 -7%

FYT Hedge Fund Activity: Q3 2023 in Review

60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q3 2023, worth a combined $120M — down 5.7% from $127M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new FYT positions and 1 closed out — a net gain of 2 holders — while 14 added to existing stakes and 30 trimmed.

The largest buyer was UBS Group, adding an estimated $305K. The largest seller was Susquehanna International Group, cutting an estimated $1.94M.

  • 60 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q3 2023, up from 58 in Q2 2023.
  • Funds reported $120M of First Trust Small Cap Value AlphaDEX Fund stock for Q3 2023, down 5.7% quarter-over-quarter.
  • 3 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q3 2023 and 1 closed out, a net change of +2 holders.
  • The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q3 2023 was UBS Group, an estimated $305K added.
  • The largest First Trust Small Cap Value AlphaDEX Fund seller in Q3 2023 was Susquehanna International Group, an estimated $1.94M sold.

Based on aggregated 13F filings for Q3 2023.