First Trust Small Cap Core AlphaDEX Fund
60 hedge funds and large institutions have $306M invested in First Trust Small Cap Core AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 15 reducing their positions, and 7 closing their positions.
80% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 15
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
5% more funds holding
Funds holding: 57 → 60 (+3)
5.73% less ownership
Funds ownership: 59.83% → 54.1% (-5.7%)
13% less capital invested
Capital invested by funds: $351M → $306M (-$44.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$9.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$7.33M |
| 3 |
Morgan Stanley
New York
|
+$6.26M |
| 4 |
SG Americas Securities
New York
|
+$4.33M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.78M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$28.6M |
| 2 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$20.4M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$12.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.67M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.82M |
FYX Hedge Fund Activity: Q2 2014 in Review
60 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q2 2014, worth a combined $306M — down 13% from $351M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FYX positions and 7 closed out — a net gain of 3 holders — while 27 added to existing stakes and 15 trimmed.
The largest buyer was Astor Investment Management, adding an estimated $9.1M. The largest seller was Dorsey Wright & Associates, exiting entirely with an estimated $28.6M sold.
- 60 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q2 2014, up from 57 in Q1 2014.
- Funds reported $306M of First Trust Small Cap Core AlphaDEX Fund stock for Q2 2014, down 13% quarter-over-quarter.
- 10 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q2 2014 and 7 closed out, a net change of +3 holders.
- The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q2 2014 was Astor Investment Management, an estimated $9.1M added.
- The largest First Trust Small Cap Core AlphaDEX Fund seller in Q2 2014 was Dorsey Wright & Associates, an estimated $28.6M sold.
Based on aggregated 13F filings for Q2 2014.