First Trust Multi Cap Value AlphaDEX Fund
FAB
46 hedge funds and large institutions have $42.3M invested in First Trust Multi Cap Value AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 11 increasing their positions, 18 reducing their positions, and 3 closing their positions.
2.68% more ownership
Funds ownership: 41.5% → 44.18% (+2.7%)
2% less funds holding
Funds holding: 47 → 46 (-1)
8% less capital invested
Capital invested by funds: $46.1M → $42.3M (-$3.84M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
39% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.15M |
| 2 |
Jane Street
New York
|
+$642K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$483K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$379K |
| 5 |
PSF
Pacific Sun Financial
Los Angeles,
California
|
+$371K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.45M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.38M |
| 3 |
SG Americas Securities
New York
|
-$530K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$400K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$333K |
FAB Hedge Fund Activity: Q1 2018 in Review
46 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2018, worth a combined $42.3M — down 8.3% from $46.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FAB and 2 opened new positions — a net loss of 1 holder — while 18 trimmed existing stakes and 11 added.
The largest buyer was LPL Financial, adding an estimated $1.15M. The largest seller was Hilltop Holdings, exiting entirely with an estimated $1.45M sold.
- 46 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2018, down from 47 in Q4 2017.
- Funds reported $42.3M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2018, down 8.3% quarter-over-quarter.
- 2 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2018 and 3 closed out, a net change of -1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2018 was LPL Financial, an estimated $1.15M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2018 was Hilltop Holdings, an estimated $1.45M sold.
Based on aggregated 13F filings for Q1 2018.