First Trust Small Cap Core AlphaDEX Fund
57 hedge funds and large institutions have $351M invested in First Trust Small Cap Core AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 12 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 12
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
15% more capital invested
Capital invested by funds: $306M → $351M (+$44.7M)
10% more funds holding
Funds holding: 52 → 57 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.74% less ownership
Funds ownership: 61.57% → 59.83% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$12.5M |
| 2 |
Morgan Stanley
New York
|
+$11.5M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$6.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.54M |
| 5 |
Jane Street
New York
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.56M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$1.56M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.55M |
| 4 |
JP Morgan Chase
New York
|
-$976K |
| 5 |
B
Baird
Milwaukee,
Wisconsin
|
-$762K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $83K | – | – | – |
|
|
WA
52
WFG Advisors
Dallas,
Texas
| $68K | -$17.9K | -375 | -21% |
|
|
MAS
53
Madden Advisory Services
Jacksonville,
Florida
| $32K | – | – | – |
|
|
RIA
54
Regal Investment Advisors
Kentwood,
Michigan
| $29K | +$28.6K | +600 | New |
|
|
SGC
55
South Georgia Capital
Naperville,
Illinois
| $15K | – | – | – |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | – | – | – |
|
|
PAS
57
Partnervest Advisory Services
Santa Barbara,
California
| $5K | +$4.87K | +102 | New |
|
58
SG Americas Securities
New York
| – | -$685K | -14,077 | Closed |
|
|
BAAM
59
Baker Avenue Asset Management
San Francisco,
California
| – | -$241K | -4,950 | Closed |
|
|
CCM
60
Chilton Capital Management
Houston,
Texas
| – | -$48.7K | -1,000 | Closed |
|
|
FNBT
61
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$3K | -62 | Closed |
|
|
TRCT
62
Tower Research Capital (TRC)
New York
| – | -$2.1K | -44 | Closed |
|
FYX Hedge Fund Activity: Q1 2014 in Review
57 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q1 2014, worth a combined $351M — up 15% from $306M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FYX positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 12 trimmed.
The largest buyer was UBS, adding an estimated $12.5M. The largest seller was Bank of America, cutting an estimated $2.56M.
- 57 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q1 2014, up from 52 in Q4 2013.
- Funds reported $351M of First Trust Small Cap Core AlphaDEX Fund stock for Q1 2014, up 15% quarter-over-quarter.
- 10 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q1 2014 and 5 closed out, a net change of +5 holders.
- The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q1 2014 was UBS, an estimated $12.5M added.
- The largest First Trust Small Cap Core AlphaDEX Fund seller in Q1 2014 was Bank of America, an estimated $2.56M sold.
Based on aggregated 13F filings for Q1 2014.