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First Trust Small Cap Core AlphaDEX Fund

88 hedge funds and large institutions have $178M invested in First Trust Small Cap Core AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 46 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.03% less ownership

Funds ownership: 53.56%53.53% (-0.03%)

20% less funds holding

Funds holding: 11088 (-22)

42% less capital invested

Capital invested by funds: $306M → $178M (-$129M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

52% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 46

79% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 24

Holders
88
Holders Change
-22
Holders Change %
-20%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
5
Increased
22
Reduced
46
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$29M -$3.84M -67,946 -9%
UBS Group
2
UBS Group
Switzerland
$18.1M -$1.96M -34,709 -7%
Morgan Stanley
3
Morgan Stanley
New York
$14M -$9.82M -173,796 -34%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$11.5M -$2.76M -48,921 -15%
HAFS
5
Hapanowicz & Associates Financial Services
Pennsylvania
$10.3M +$7.44M +131,771 +112%
RJA
6
Raymond James & Associates
Florida
$9.27M -$393K -6,964 -3%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$9.02M -$2.06M -36,536 -14%
LPL Financial
8
LPL Financial
California
$8.63M -$1.81M -31,955 -13%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$5.55M -$1.32M -23,445 -15%
Bank of America
10
Bank of America
North Carolina
$4.92M -$2.46M -43,477 -27%
CS
11
Credit Suisse
Switzerland
$4.79M +$2.12M +37,534 +47%
Citadel Advisors
12
Citadel Advisors
Florida
$4.65M +$3.88M +68,730 +156%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$4.17M +$4.13M +73,036 +260%
PCM
14
Peak Capital Management
Colorado
$3.95M -$1.28M -22,612 -19%
Osaic Holdings
15
Osaic Holdings
Arizona
$3.31M +$4.55M +80,542 New
FWM
16
Frontier Wealth Management
Missouri
$3.19M +$2.92M +51,752 +201%
DADC
17
D.A. Davidson & Co
Montana
$2.37M +$330K +5,838 +11%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$1.94M -$650K -11,511 -20%
FAAS
19
First Allied Advisory Services
California
$1.59M +$446K +7,902 +26%
PNC
20
Park National Corp
Ohio
$1.55M +$225K +3,976 +12%
TRCT
21
Tower Research Capital (TRC)
New York
$1.48M +$1.25M +22,152 +160%
Janney Montgomery Scott
22
Janney Montgomery Scott
Pennsylvania
$1.42M -$363K -6,425 -16%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$1.36M -$515K -9,115 -22%
IA
24
IFG Advisory
Georgia
$1.3M +$42.1K +745 +2%
CPIG
25
Chicago Partners Investment Group
Illinois
$1.13M -$363K -6,431 -20%

FYX Hedge Fund Activity: Q1 2020 in Review

88 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q1 2020, worth a combined $178M — down 42% from $306M a quarter earlier.

Sellers outnumbered buyers: 24 funds closed out of FYX and 5 opened new positions — a net loss of 19 holders — while 46 trimmed existing stakes and 22 added.

The largest buyer was Hapanowicz & Associates Financial Services, adding an estimated $7.44M. The largest seller was Morgan Stanley, cutting an estimated $9.82M.

  • 88 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q1 2020, down from 110 in Q4 2019.
  • Funds reported $178M of First Trust Small Cap Core AlphaDEX Fund stock for Q1 2020, down 42% quarter-over-quarter.
  • 5 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q1 2020 and 24 closed out, a net change of -19 holders.
  • The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q1 2020 was Hapanowicz & Associates Financial Services, an estimated $7.44M added.
  • The largest First Trust Small Cap Core AlphaDEX Fund seller in Q1 2020 was Morgan Stanley, an estimated $9.82M sold.

Based on aggregated 13F filings for Q1 2020.