First Trust Multi Cap Value AlphaDEX Fund
FAB
42 hedge funds and large institutions have $49.3M invested in First Trust Multi Cap Value AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
21% more capital invested
Capital invested by funds: $40.6M → $49.3M (+$8.7M)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
11% more funds holding
Funds holding: 38 → 42 (+4)
4.15% more ownership
Funds ownership: 38.3% → 42.45% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$2.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.33M |
| 3 |
Jane Street
New York
|
+$905K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$736K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$451K |
| 2 |
Morgan Stanley
New York
|
-$418K |
| 3 |
IH
IFC Holdings
Tampa,
Florida
|
-$351K |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$319K |
| 5 |
LPL Financial
San Diego,
California
|
-$262K |
FAB Hedge Fund Activity: Q3 2016 in Review
42 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2016, worth a combined $49.3M — up 21% from $40.6M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAB positions and 2 closed out — a net gain of 5 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Mariner Independent Advisor Network, opening a new position worth an estimated $2.09M. The largest seller was Wintrust Investments, cutting an estimated $451K.
- 42 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2016, up from 38 in Q2 2016.
- Funds reported $49.3M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2016, up 21% quarter-over-quarter.
- 7 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2016 and 2 closed out, a net change of +5 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2016 was Mariner Independent Advisor Network, an estimated $2.09M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2016 was Wintrust Investments, an estimated $451K sold.
Based on aggregated 13F filings for Q3 2016.