First Trust Small Cap Value AlphaDEX Fund
FYT
69 hedge funds and large institutions have $139M invested in First Trust Small Cap Value AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 20 increasing their positions, 21 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
16% more capital invested
Capital invested by funds: $120M → $139M (+$19.5M)
15% more funds holding
Funds holding: 60 → 69 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 21
1.88% less ownership
Funds ownership: 75.97% → 74.09% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.77M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.06M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.8M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.72M |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.5M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$4.43M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.22M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.04M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$409K |
FYT Hedge Fund Activity: Q4 2023 in Review
69 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Value AlphaDEX Fund (FYT) for Q4 2023, worth a combined $139M — up 16% from $120M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FYT positions and 3 closed out — a net gain of 9 holders — while 20 added to existing stakes and 21 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.77M. The largest seller was Envestnet Asset Management, cutting an estimated $4.5M.
- 69 institutional investors held First Trust Small Cap Value AlphaDEX Fund (FYT) as of Q4 2023, up from 60 in Q3 2023.
- Funds reported $139M of First Trust Small Cap Value AlphaDEX Fund stock for Q4 2023, up 16% quarter-over-quarter.
- 12 funds opened new First Trust Small Cap Value AlphaDEX Fund positions in Q4 2023 and 3 closed out, a net change of +9 holders.
- The largest First Trust Small Cap Value AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $2.77M added.
- The largest First Trust Small Cap Value AlphaDEX Fund seller in Q4 2023 was Envestnet Asset Management, an estimated $4.5M sold.
Based on aggregated 13F filings for Q4 2023.