First Trust Multi Cap Value AlphaDEX Fund
FAB
23 hedge funds and large institutions have $55.7M invested in First Trust Multi Cap Value AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
36% more capital invested
Capital invested by funds: $41.1M → $55.7M (+$14.6M)
10% more funds holding
Funds holding: 21 → 23 (+2)
4.89% more ownership
Funds ownership: 42.37% → 47.26% (+4.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.37M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$891K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$539K |
| 4 |
LPL Financial
San Diego,
California
|
+$506K |
| 5 |
JP Morgan Chase
New York
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.42M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$877K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$537K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$377K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$194K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Nomura Holdings
Tokyo,
Japan
| – | -$4K | -100 | Closed |
|
FAB Hedge Fund Activity: Q4 2013 in Review
23 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2013, worth a combined $55.7M — up 36% from $41.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAB positions and 3 closed out — a net gain of 2 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.37M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.42M sold.
- 23 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2013, up from 21 in Q3 2013.
- Funds reported $55.7M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2013, up 36% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2013 and 3 closed out, a net change of +2 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2013 was Morgan Stanley, an estimated $1.37M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2013 was Susquehanna International Group, an estimated $2.42M sold.
Based on aggregated 13F filings for Q4 2013.