First Trust Multi Cap Value AlphaDEX Fund
FAB
35 hedge funds and large institutions have $73.9M invested in First Trust Multi Cap Value AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 18 increasing their positions, 8 reducing their positions, and 2 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 8
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 34 → 35 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4.1% less ownership
Funds ownership: 46.68% → 42.58% (-4.1%)
6% less capital invested
Capital invested by funds: $78.8M → $73.9M (-$4.99M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.52M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$669K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$623K |
| 5 |
Morgan Stanley
New York
|
+$539K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$9.02M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.03M |
| 3 |
JP Morgan Chase
New York
|
-$277K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$199K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $246K | +$52.4K | +1,119 | +26% |
|
|
CS
27
Credit Suisse
Zurich,
Switzerland
| $239K | +$248K | +5,298 | New |
|
|
DADC
28
D.A. Davidson & Co
Great Falls,
Montana
| $108K | – | – | – |
|
29
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $107K | – | – | – |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $95K | – | – | – |
|
|
AIG
31
American International Group
New York
| $79.7K | +$44.3K | +947 | +115% |
|
|
WEC
32
Winslow Evans & Crocker
Boston,
Massachusetts
| $18K | – | – | – |
|
|
NES
33
New England Securities
New York
| $18K | +$9.6K | +205 | +108% |
|
34
Citigroup
New York
| $14K | -$7.72K | -165 | -34% |
|
|
MFS
35
MSI Financial Services
Springfield,
Massachusetts
| $14K | +$9.36K | +200 | +200% |
|
|
SI
36
Stephens Inc
Little Rock,
Arkansas
| – | -$1.03M | -21,559 | Closed |
|
|
GI
37
Gradient Investments
Arden Hills,
Minnesota
| – | -$55K | -1,148 | Closed |
|
FAB Hedge Fund Activity: Q3 2014 in Review
35 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2014, worth a combined $73.9M — down 6.3% from $78.8M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAB positions and 2 closed out — a net gain of 1 holder — while 18 added to existing stakes and 8 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $3.7M. The largest seller was Stringer Asset Management, cutting an estimated $9.02M.
- 35 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2014, up from 34 in Q2 2014.
- Funds reported $73.9M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2014, down 6.3% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2014 and 2 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2014 was Royal Bank of Canada, an estimated $3.7M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2014 was Stringer Asset Management, an estimated $9.02M sold.
Based on aggregated 13F filings for Q3 2014.