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First Trust Small Cap Core AlphaDEX Fund

57 hedge funds and large institutions have $283M invested in First Trust Small Cap Core AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 31 increasing their positions, 17 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

82% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 17

0.48% more ownership

Funds ownership: 54.1%54.58% (+0.48%)

5% less funds holding

Funds holding: 6057 (-3)

8% less capital invested

Capital invested by funds: $306M → $283M (-$23M)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
57
Holders Change
-3
Holders Change %
-5%
% of All Funds
1.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
31
Reduced
17
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$63.2M +$10.7M +226,196 +19%
Wells Fargo
2
Wells Fargo
California
$51M -$236K -4,987 -0.4%
U
3
UBS
Switzerland
$37M -$4.55M -96,237 -10%
RJA
4
Raymond James & Associates
Florida
$19.2M +$372K +7,861 +2%
Bank of America
5
Bank of America
North Carolina
$17.2M -$2.4M -50,750 -12%
LPL Financial
6
LPL Financial
California
$14.5M +$186K +3,924 +1%
AIM
7
Astor Investment Management
Illinois
$13.5M +$4.11M +86,943 +41%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$9.97M +$119K +2,509 +1%
B
9
Baird
Wisconsin
$8.96M +$627K +13,268 +7%
BTS
10
BB&T Securities
Virginia
$5.89M +$12.2K +258 +2%
Royal Bank of Canada
11
Royal Bank of Canada
Ontario, Canada
$5.87M +$2.3M +48,662 +59%
HFS
12
HL Financial Services
Kentucky
$4.78M +$256K +5,417 +5%
Stifel Financial
13
Stifel Financial
Missouri
$3.22M +$140K +2,965 +4%
Ameriprise
14
Ameriprise
Minnesota
$3.12M +$403K +8,515 +14%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$2.16M +$1.62M +34,349 +247%
Deutsche Bank
16
Deutsche Bank
Germany
$2.06M -$23.3K -493 -1%
CA
17
Cetera Advisors
Colorado
$1.99M +$206K +4,365 +11%
DADC
18
D.A. Davidson & Co
Montana
$1.68M +$36.5K +771 +2%
CS
19
Credit Suisse
Switzerland
$1.45M -$1.57M -33,183 -51%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$1.43M +$95.7K +2,024 +7%
ICOA
21
Investment Centers of America
North Dakota
$1.21M -$152K -3,222 -11%
First Trust Advisors
22
First Trust Advisors
Illinois
$1.17M -$365K -7,712 -23%
JP Morgan Chase
23
JP Morgan Chase
New York
$1.08M -$209K -4,415 -15%
CAN
24
Cetera Advisor Networks
California
$1.02M -$2.07M -43,707 -66%
RJFSA
25
Raymond James Financial Services Advisors
Florida
$943K +$117K +2,475 +13%

FYX Hedge Fund Activity: Q3 2014 in Review

57 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q3 2014, worth a combined $283M — down 7.5% from $306M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FYX and 3 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 31 added.

The largest buyer was Morgan Stanley, adding an estimated $10.7M. The largest seller was UBS, cutting an estimated $4.55M.

  • 57 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q3 2014, down from 60 in Q2 2014.
  • Funds reported $283M of First Trust Small Cap Core AlphaDEX Fund stock for Q3 2014, down 7.5% quarter-over-quarter.
  • 3 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q3 2014 and 6 closed out, a net change of -3 holders.
  • The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q3 2014 was Morgan Stanley, an estimated $10.7M added.
  • The largest First Trust Small Cap Core AlphaDEX Fund seller in Q3 2014 was UBS, an estimated $4.55M sold.

Based on aggregated 13F filings for Q3 2014.