First Trust Multi Cap Value AlphaDEX Fund
FAB
66 hedge funds and large institutions have $65.4M invested in First Trust Multi Cap Value AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 5 closing their positions.
2% more capital invested
Capital invested by funds: $64M → $65.4M (+$1.39M)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
0.64% less ownership
Funds ownership: 48.37% → 47.73% (-0.64%)
3% less funds holding
Funds holding: 68 → 66 (-2)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.17M |
| 2 |
VF
Virtu Financial
New York
|
+$420K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$353K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$313K |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$192K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.64M |
| 2 |
PA
PFG Advisors
Phoenix,
Arizona
|
-$1.33M |
| 3 |
Goldman Sachs
New York
|
-$1.07M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$581K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$205K |
FAB Hedge Fund Activity: Q2 2026 in Review
66 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2026, worth a combined $65.4M — up 2.2% from $64M a quarter earlier.
Fund positioning in FAB was balanced in Q2 2026: 5 funds opened new positions, 5 closed out, 18 added to existing stakes and 23 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.17M. The largest seller was Susquehanna International Group, cutting an estimated $2.64M.
- 66 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2026, down from 68 in Q1 2026.
- Funds reported $65.4M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2026, up 2.2% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2026 and 5 closed out, a net change of 0 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2026 was LPL Financial, an estimated $2.17M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2026 was Susquehanna International Group, an estimated $2.64M sold.
Based on aggregated 13F filings for Q2 2026.