First Trust Multi Cap Value AlphaDEX Fund
FAB
68 hedge funds and large institutions have $64M invested in First Trust Multi Cap Value AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
20% more capital invested
Capital invested by funds: $53.5M → $64M (+$10.5M)
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
5% more funds holding
Funds holding: 65 → 68 (+3)
3.93% more ownership
Funds ownership: 44.44% → 48.37% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.33M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.15M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$986K |
| 4 |
LPL Financial
San Diego,
California
|
+$933K |
| 5 |
PWS
Proactive Wealth Strategies
Marietta,
Georgia
|
+$780K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PS
Principal Securities
Des Moines,
Iowa
|
-$360K |
| 2 |
VF
Virtu Financial
New York
|
-$302K |
| 3 |
Morgan Stanley
New York
|
-$222K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$144K |
| 5 |
Rockefeller Capital Management
New York
|
-$90.2K |
FAB Hedge Fund Activity: Q1 2026 in Review
68 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2026, worth a combined $64M — up 20% from $53.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAB positions and 1 closed out — a net gain of 4 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $2.33M. The largest seller was Principal Securities, cutting an estimated $360K.
- 68 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2026, up from 65 in Q4 2025.
- Funds reported $64M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2026, up 20% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2026 and 1 closed out, a net change of +4 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2026 was Citadel Advisors, an estimated $2.33M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2026 was Principal Securities, an estimated $360K sold.
Based on aggregated 13F filings for Q1 2026.