First Trust Small Cap Core AlphaDEX Fund
66 hedge funds and large institutions have $224M invested in First Trust Small Cap Core AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 40 reducing their positions, and 10 closing their positions.
3% less funds holding
Funds holding: 68 → 66 (-2)
7.49% less ownership
Funds ownership: 59.49% → 52% (-7.5%)
20% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 10
34% less capital invested
Capital invested by funds: $341M → $224M (-$116M)
65% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 40
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.25M |
| 2 |
Jane Street
New York
|
+$1.9M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$644K |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$319K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$19.4M |
| 2 |
LPL Financial
San Diego,
California
|
-$17M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$16.9M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$16.5M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$12.6M |
FYX Hedge Fund Activity: Q1 2016 in Review
66 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q1 2016, worth a combined $224M — down 34% from $341M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FYX and 8 opened new positions — a net loss of 2 holders — while 40 trimmed existing stakes and 14 added.
The largest buyer was Royal Bank of Canada, adding an estimated $5.25M. The largest seller was Morgan Stanley, cutting an estimated $19.4M.
- 66 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q1 2016, down from 68 in Q4 2015.
- Funds reported $224M of First Trust Small Cap Core AlphaDEX Fund stock for Q1 2016, down 34% quarter-over-quarter.
- 8 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q1 2016 and 10 closed out, a net change of -2 holders.
- The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q1 2016 was Royal Bank of Canada, an estimated $5.25M added.
- The largest First Trust Small Cap Core AlphaDEX Fund seller in Q1 2016 was Morgan Stanley, an estimated $19.4M sold.
Based on aggregated 13F filings for Q1 2016.