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First Trust Multi Cap Value AlphaDEX Fund

39 hedge funds and large institutions have $60.1M invested in First Trust Multi Cap Value AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 4039 (-1)

7.64% less ownership

Funds ownership: 49.74%42.1% (-7.6%)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

41% less capital invested

Capital invested by funds: $102M → $60.1M (-$41.7M)

41% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 17

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
1.09%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
6
Increased
10
Reduced
17
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$363K -$236K -5,420 -38%
BRWA
27
B. Riley Wealth Advisors
Florida
$282K -$18.9K -434 -6%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$264K +$14.2K +326 +5%
AFWA
29
Ancora Family Wealth Advisors
Ohio
$263K +$281K +6,465 New
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$204K -$22K -505 -9%
SPC
31
Sigma Planning Corp
Michigan
$203K +$26.2K +602 +14%
WA
32
WFG Advisors
Texas
$155K +$10K +231 +6%
LTFS
33
Ladenburg Thalmann Financial Services
Florida
$153K
Citigroup
34
Citigroup
New York
$122K -$9.31K -214 -7%
DADC
35
D.A. Davidson & Co
Montana
$111K
Northwestern Mutual Wealth Management
36
Northwestern Mutual Wealth Management
Wisconsin
$41K
Fifth Third Bancorp
37
Fifth Third Bancorp
Ohio
$26K
WEC
38
Winslow Evans & Crocker
Massachusetts
$16.3K
SAM
39
Stringer Asset Management
Tennessee
-$8.41M -180,939 Closed
FIG
40
Fusion Investment Group
Pennsylvania
-$915K -19,683 Closed
SWP
41
Stratos Wealth Partners
Ohio
-$890K -19,160 Closed
ATC
42
Argent Trust Co
Tennessee
-$663K -14,266 Closed
Janney Montgomery Scott
43
Janney Montgomery Scott
Pennsylvania
-$400K -8,618 Closed
PAG
44
Private Advisor Group
New Jersey
-$361K -7,760 Closed
MFS
45
MSI Financial Services
Massachusetts
-$9K -200 Closed

FAB Hedge Fund Activity: Q3 2015 in Review

39 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2015, worth a combined $60.1M — down 41% from $102M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FAB and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 10 added.

The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $4.8M. The largest seller was Raymond James & Associates, cutting an estimated $12.7M.

  • 39 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2015, down from 40 in Q2 2015.
  • Funds reported $60.1M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2015, down 41% quarter-over-quarter.
  • 6 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2015 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $4.8M added.
  • The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2015 was Raymond James & Associates, an estimated $12.7M sold.

Based on aggregated 13F filings for Q3 2015.