First Trust Small Cap Core AlphaDEX Fund
126 hedge funds and large institutions have $503M invested in First Trust Small Cap Core AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 46 increasing their positions, 49 reducing their positions, and 12 closing their positions.
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
3% more capital invested
Capital invested by funds: $491M → $503M (+$12.3M)
0.2% less ownership
Funds ownership: 62.97% → 62.77% (-0.2%)
6% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 49
2% less funds holding
Funds holding: 128 → 126 (-2)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.64M |
| 2 |
DWP
Daymark Wealth Partners
Cincinnati,
Ohio
|
+$2.63M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$913K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$811K |
| 5 |
LPL Financial
San Diego,
California
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$5.22M |
| 2 |
AWM
Avaii Wealth Management
Appleton,
Wisconsin
|
-$3.65M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
-$2.69M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$2.37M |
| 5 |
Morgan Stanley
New York
|
-$1.89M |
FYX Hedge Fund Activity: Q1 2023 in Review
126 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Small Cap Core AlphaDEX Fund (FYX) for Q1 2023, worth a combined $503M — up 2.5% from $491M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FYX positions and 12 closed out — a net gain of 1 holder — while 46 added to existing stakes and 49 trimmed.
The largest buyer was Bank of America, adding an estimated $2.64M. The largest seller was Private Advisor Group, cutting an estimated $5.22M.
- 126 institutional investors held First Trust Small Cap Core AlphaDEX Fund (FYX) as of Q1 2023, down from 128 in Q4 2022.
- Funds reported $503M of First Trust Small Cap Core AlphaDEX Fund stock for Q1 2023, up 2.5% quarter-over-quarter.
- 13 funds opened new First Trust Small Cap Core AlphaDEX Fund positions in Q1 2023 and 12 closed out, a net change of +1 holder.
- The largest First Trust Small Cap Core AlphaDEX Fund buyer in Q1 2023 was Bank of America, an estimated $2.64M added.
- The largest First Trust Small Cap Core AlphaDEX Fund seller in Q1 2023 was Private Advisor Group, an estimated $5.22M sold.
Based on aggregated 13F filings for Q1 2023.