First Trust Multi Cap Value AlphaDEX Fund
FAB
26 hedge funds and large institutions have $65.1M invested in First Trust Multi Cap Value AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
17% more capital invested
Capital invested by funds: $55.7M → $65.1M (+$9.36M)
13% more funds holding
Funds holding: 23 → 26 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.28% less ownership
Funds ownership: 47.26% → 45.99% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$2.46M |
| 2 |
Morgan Stanley
New York
|
+$1.98M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$936K |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$825K |
| 5 |
LPL Financial
San Diego,
California
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$398K |
| 2 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
-$218K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$204K |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$71.5K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$13.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $4K | – | – | – |
|
|
SFG
27
SNS Financial Group
Minneapolis,
Minnesota
| – | -$218K | -4,892 | Closed |
|
FAB Hedge Fund Activity: Q1 2014 in Review
26 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2014, worth a combined $65.1M — up 17% from $55.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAB positions and 1 closed out — a net gain of 3 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Stringer Asset Management, adding an estimated $2.46M. The largest seller was UBS, cutting an estimated $398K.
- 26 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2014, up from 23 in Q4 2013.
- Funds reported $65.1M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2014, up 17% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2014 and 1 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2014 was Stringer Asset Management, an estimated $2.46M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2014 was UBS, an estimated $398K sold.
Based on aggregated 13F filings for Q1 2014.