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First Trust Small Cap Core AlphaDEX Fund

95 hedge funds and large institutions have $356M invested in First Trust Small Cap Core AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 39 increasing their positions, 21 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

220% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 5

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

86% more repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 21

34% more capital invested

Capital invested by funds: $267M → $356M (+$89.7M)

10% more funds holding

Funds holding: 8695 (+9)

5.52% more ownership

Funds ownership: 50.09%55.61% (+5.5%)

Holders
95
Holders Change
+9
Holders Change %
+10.47%
% of All Funds
2.17%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
16
Increased
39
Reduced
21
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$84.3M +$19.5M +305,316 +31%
Morgan Stanley
2
Morgan Stanley
New York
$53M +$3.67M +57,602 +8%
UBS Group
3
UBS Group
Switzerland
$24M +$2.67M +41,911 +13%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$19.5M +$1.02M +16,008 +6%
AIA
5
Arrow Investment Advisors
Maryland
$14.8M +$14.3M +224,079 New
LPL Financial
6
LPL Financial
California
$14.6M +$1.43M +22,396 +11%
HAFS
7
Hapanowicz & Associates Financial Services
Pennsylvania
$12.9M +$194K +3,045 +2%
Bank of America
8
Bank of America
North Carolina
$10.3M -$956K -14,992 -9%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$9.27M -$48.3K -758 -0.5%
Baird Financial Group
10
Baird Financial Group
Wisconsin
$9.12M +$1.11M +17,389 +14%
RJA
11
Raymond James & Associates
Florida
$8.09M +$1.7M +26,714 +28%
Janney Montgomery Scott
12
Janney Montgomery Scott
Pennsylvania
$6.46M +$72.5K +1,136 +1%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$5.52M +$531K +8,326 +11%
HFS
14
HL Financial Services
Kentucky
$5.1M +$30K +470 +0.6%
MML Investors Services
15
MML Investors Services
Massachusetts
$4.2M +$2.52M +39,430 +163%
DWA
16
Dorsey Wright & Associates
California
$4.18M +$4.04M +63,342 New
FAAS
17
First Allied Advisory Services
California
$4.11M +$185K +2,899 +5%
BTS
18
BB&T Securities
Virginia
$3.99M +$3.56M +55,786 +1,210%
DADC
19
D.A. Davidson & Co
Montana
$3.87M +$302K +4,732 +9%
AG
20
Advisor Group
Arizona
$3.75M +$295K +4,618 +9%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$3.64M -$116K -1,813 -3%
LPT
22
Legacy Private Trust
Wisconsin
$3.49M -$1.12M -17,593 -25%
HighTower Advisors
23
HighTower Advisors
Illinois
$2.63M +$302K +4,737 +14%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$2.57M +$1.04M +16,283 +72%
CWM
25
Cornerstone Wealth Management
Missouri
$2.57M +$10.9M +170,642 New

FYX Hedge Fund Activity: Q2 2018 in Review

95 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q2 2018, worth a combined $356M — up 34% from $267M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FYX positions and 5 closed out — a net gain of 11 holders — while 39 added to existing stakes and 21 trimmed.

The largest buyer was Wells Fargo, adding an estimated $19.5M. The largest seller was Legacy Private Trust, cutting an estimated $1.12M.

  • 95 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q2 2018, up from 86 in Q1 2018.
  • Funds reported $356M of First Trust Small Cap Core AlphaDEX Fund stock for Q2 2018, up 34% quarter-over-quarter.
  • 16 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q2 2018 and 5 closed out, a net change of +11 holders.
  • The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q2 2018 was Wells Fargo, an estimated $19.5M added.
  • The largest First Trust Small Cap Core AlphaDEX Fund seller in Q2 2018 was Legacy Private Trust, an estimated $1.12M sold.

Based on aggregated 13F filings for Q2 2018.