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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.

New
Increased
Maintained
Reduced
Closed

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: 128126 (-2)

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
126
Holders Change
-2
Holders Change %
-1.56%
% of All Funds
2.01%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
13
Increased
46
Reduced
49
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$62.6M +$808K +9,680 +1%
Morgan Stanley
2
Morgan Stanley
New York
$54.6M -$1.89M -22,709 -3%
Bank of America
3
Bank of America
North Carolina
$50.5M +$2.64M +31,689 +5%
Wells Fargo
4
Wells Fargo
California
$46.9M +$811K +9,724 +2%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$35.3M +$808K +9,679 +2%
UBS Group
6
UBS Group
Switzerland
$19.5M -$938K -11,237 -4%
HAFS
7
Hapanowicz & Associates Financial Services
Pennsylvania
$17.7M +$144K +1,729 +0.8%
RJA
8
Raymond James & Associates
Florida
$15.1M +$134K +1,610 +0.9%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$13.1M -$986K -11,813 -7%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$11.6M +$913K +10,941 +8%
WAAG
11
Wealth Alliance Advisory Group
Kansas
$8.75M -$8.26K -99 -0.1%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$7.44M -$210K -2,521 -3%
M1FG
13
Mach-1 Financial Group
Arkansas
$7.33M +$7.59K +91 New
KAS
14
Kestra Advisory Services
Texas
$6.94M -$784K -9,400 -10%
WP
15
WealthSource Partners
California
$6.94M +$396K +4,747 +6%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$6.84M -$36.1K -433 -0.5%
Cambridge Investment Research Advisors
17
Cambridge Investment Research Advisors
Iowa
$6.52M +$804K +9,637 +14%
Osaic Holdings
18
Osaic Holdings
Arizona
$6.12M +$718K +8,607 +13%
RIA
19
Regal Investment Advisors
Michigan
$6.11M +$142K +1,702 +2%
WWM
20
Western Wealth Management
Colorado
$6.04M -$278K -3,332 -4%
DADC
21
D.A. Davidson & Co
Montana
$5.66M +$52.8K +633 +0.9%
SWAG
22
Spectrum Wealth Advisory Group
California
$5.48M -$33K -396 -0.6%
Stifel Financial
23
Stifel Financial
Missouri
$5.28M +$308K +3,687 +6%
IA
24
IFG Advisory
Georgia
$4.98M +$310K +3,711 +6%
CPIG
25
Chicago Partners Investment Group
Illinois
$4.28M +$140K +1,679 +3%

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.