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First Trust Small Cap Core AlphaDEX Fund

103 hedge funds and large institutions have $280M invested in First Trust Small Cap Core AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 37 increasing their positions, 37 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more first-time investments, than exits

New positions opened: 19 | Existing positions closed: 12

5% more funds holding

Funds holding: 98103 (+5)

0% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 37

6.29% less ownership

Funds ownership: 58.93%52.64% (-6.3%)

37% less capital invested

Capital invested by funds: $444M → $280M (-$164M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
103
Holders Change
+5
Holders Change %
+5.1%
% of All Funds
2.29%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.02%
New
19
Increased
37
Reduced
37
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$53.6M -$30.4M -501,465 -34%
Morgan Stanley
2
Morgan Stanley
New York
$36.7M -$11.3M -185,845 -22%
UBS Group
3
UBS Group
Switzerland
$23.6M +$3.58M +58,897 +16%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$22.1M +$4.72M +77,713 +24%
LPL Financial
5
LPL Financial
California
$13.8M +$295K +4,864 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$9.71M +$831K +13,680 +8%
RJA
7
Raymond James & Associates
Florida
$9.1M -$2.3M -37,936 -18%
Bank of America
8
Bank of America
North Carolina
$6.74M -$1.46M -24,028 -16%
HAFS
9
Hapanowicz & Associates Financial Services
Pennsylvania
$6.52M +$139K +2,292 +2%
PAG
10
Private Advisor Group
New Jersey
$6.25M +$329K +5,417 +5%
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$4.47M +$216K +3,552 +5%
Baird Financial Group
12
Baird Financial Group
Wisconsin
$4.37M -$3.65M -60,033 -43%
CS
13
Credit Suisse
Switzerland
$4.28M +$4.35M +71,644 +963%
HFS
14
HL Financial Services
Kentucky
$4.05M -$159K -2,615 -3%
AG
15
Advisor Group
Arizona
$3.71M -$121K -1,995 -3%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$3.6M +$425 +7 +0%
FAAS
17
First Allied Advisory Services
California
$3.54M -$3.92M -64,630 -50%
DADC
18
D.A. Davidson & Co
Montana
$3.5M +$271K +4,462 +7%
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
$3.11M +$1.18M +19,455 +51%
Jane Street
20
Jane Street
New York
$3.08M +$1.11M +18,337 +48%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$2.69M +$1.42M +23,306 +88%
RIA
22
Regal Investment Advisors
Michigan
$2.65M +$308K +5,065 +12%
LPT
23
Legacy Private Trust
Wisconsin
$2.26M -$405K -6,674 -14%
Citadel Advisors
24
Citadel Advisors
Florida
$2.18M +$2.44M +40,110 New
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$2.08M +$145K +2,380 +7%

FYX Hedge Fund Activity: Q4 2018 in Review

103 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q4 2018, worth a combined $280M — down 37% from $444M a quarter earlier.

Buyers outnumbered sellers: 19 funds opened new FYX positions and 12 closed out — a net gain of 7 holders — while 37 added to existing stakes and 37 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $4.72M. The largest seller was Wells Fargo, cutting an estimated $30.4M.

  • 103 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q4 2018, up from 98 in Q3 2018.
  • Funds reported $280M of First Trust Small Cap Core AlphaDEX Fund stock for Q4 2018, down 37% quarter-over-quarter.
  • 19 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q4 2018 and 12 closed out, a net change of +7 holders.
  • The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q4 2018 was Raymond James Financial Services Advisors, an estimated $4.72M added.
  • The largest First Trust Small Cap Core AlphaDEX Fund seller in Q4 2018 was Wells Fargo, an estimated $30.4M sold.

Based on aggregated 13F filings for Q4 2018.