First Trust Multi Cap Value AlphaDEX Fund
FAB
40 hedge funds and large institutions have $40M invested in First Trust Multi Cap Value AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 3 closing their positions.
8% more capital invested
Capital invested by funds: $37M → $40M (+$3.01M)
2.35% more ownership
Funds ownership: 41.16% → 43.51% (+2.4%)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
2% less funds holding
Funds holding: 41 → 40 (-1)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.82M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.79M |
| 3 |
Jane Street
New York
|
+$250K |
| 4 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$167K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$685K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$646K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$486K |
| 4 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$299K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$255K |
FAB Hedge Fund Activity: Q3 2018 in Review
40 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2018, worth a combined $40M — up 8.1% from $37M a quarter earlier.
Fund positioning in FAB was balanced in Q3 2018: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 14 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.82M. The largest seller was Royal Bank of Canada, cutting an estimated $685K.
- 40 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2018, down from 41 in Q2 2018.
- Funds reported $40M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2018, up 8.1% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2018 and 3 closed out, a net change of 0 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2018 was LPL Financial, an estimated $2.82M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2018 was Royal Bank of Canada, an estimated $685K sold.
Based on aggregated 13F filings for Q3 2018.