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First Trust Small Cap Core AlphaDEX Fund

103 hedge funds and large institutions have $300M invested in First Trust Small Cap Core AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 31 increasing their positions, 40 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

1.08% more ownership

Funds ownership: 51.66%52.74% (+1.1%)

1% more funds holding

Funds holding: 102103 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less capital invested

Capital invested by funds: $311M → $300M (-$11.6M)

23% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 40

Holders
103
Holders Change
+1
Holders Change %
+0.98%
% of All Funds
2.26%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
31
Reduced
40
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$48.8M -$4.91M -81,810 -9%
Morgan Stanley
2
Morgan Stanley
New York
$34.9M -$1.1M -18,353 -3%
UBS Group
3
UBS Group
Switzerland
$29.2M +$887K +14,773 +3%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$23.2M -$4.17M -69,452 -15%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$21.6M +$5.5M +91,703 +34%
LPL Financial
6
LPL Financial
California
$16.6M -$422K -7,032 -2%
RJA
7
Raymond James & Associates
Florida
$12.8M +$1.29M +21,498 +11%
Baird Financial Group
8
Baird Financial Group
Wisconsin
$9.54M -$31K -516 -0.3%
Bank of America
9
Bank of America
North Carolina
$9.04M +$814K +13,562 +10%
HAFS
10
Hapanowicz & Associates Financial Services
Pennsylvania
$7.06M -$39.9K -665 -0.6%
PCM
11
Peak Capital Management
Colorado
$5.08M +$124K +2,061 +2%
AG
12
Advisor Group
Arizona
$4.63M +$571K +9,520 +14%
CS
13
Credit Suisse
Switzerland
$4.25M +$771K +12,846 +22%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$4.23M +$272K +4,526 +7%
DADC
15
D.A. Davidson & Co
Montana
$3.81M -$350K -5,826 -8%
RIA
16
Regal Investment Advisors
Michigan
$3.12M +$27.6K +460 +0.9%
Janney Montgomery Scott
17
Janney Montgomery Scott
Pennsylvania
$3.12M -$77.6K -1,293 -2%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$2.68M -$330K -5,499 -11%
GIA
19
Gladstone Institutional Advisory
Florida
$2.58M +$524K +8,730 +26%
LPT
20
Legacy Private Trust
Wisconsin
$2.53M +$709K +11,819 +39%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$2.35M -$1.8M -29,999 -43%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$2.23M -$59.8K -997 -3%
BTS
23
BB&T Securities
Virginia
$2.16M +$113K +1,882 +6%
Citadel Advisors
24
Citadel Advisors
Florida
$2.04M +$543K +9,056 +36%
FAAS
25
First Allied Advisory Services
California
$1.99M -$84.3K -1,405 -4%

FYX Hedge Fund Activity: Q3 2019 in Review

103 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q3 2019, worth a combined $300M — down 3.7% from $311M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FYX positions and 8 closed out — a net gain of 1 holder — while 31 added to existing stakes and 40 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $5.5M. The largest seller was Wells Fargo, cutting an estimated $4.91M.

  • 103 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q3 2019, up from 102 in Q2 2019.
  • Funds reported $300M of First Trust Small Cap Core AlphaDEX Fund stock for Q3 2019, down 3.7% quarter-over-quarter.
  • 9 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q3 2019 and 8 closed out, a net change of +1 holder.
  • The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q3 2019 was Royal Bank of Canada, an estimated $5.5M added.
  • The largest First Trust Small Cap Core AlphaDEX Fund seller in Q3 2019 was Wells Fargo, an estimated $4.91M sold.

Based on aggregated 13F filings for Q3 2019.