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First Trust Multi Cap Value AlphaDEX Fund
FAB

38 hedge funds and large institutions have $34.6M invested in First Trust Multi Cap Value AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.69% more ownership

Funds ownership: 43.51% → 45.2% (+1.7%)

9% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 11

5% less funds holding

Funds holding: 40 → 38 (-2)

14% less capital invested

Capital invested by funds: $40M → $34.6M (-$5.44M)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

Holders
38
Holders Change
-2
Holders Change %
-5%
% of All Funds
0.85%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
12
Reduced
11
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
+$1.98M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.13M
3
UBS Group
UBS Group
Switzerland
+$720K
4
OIA
OneDigital Investment Advisors
Kansas
+$530K
5
Morgan Stanley
Morgan Stanley
New York
+$280K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.27M
2
Jane Street
Jane Street
New York
-$927K
3
Bank of America
Bank of America
North Carolina
-$660K
4
RJFSA
Raymond James Financial Services Advisors
Florida
-$436K
5
SFG
SNS Financial Group
Minnesota
-$285K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
26
Citigroup
New York
$143K – – –
BFEC
27
Benjamin F. Edwards & Company
Missouri
$120K – – –
Northwestern Mutual Wealth Management
28
Northwestern Mutual Wealth Management
Wisconsin
$53K – – –
CWA
29
Clarus Wealth Advisors
Arizona
$48K – – –
AIC
30
Ameritas Investment Company
Nebraska
$36K +$40.1K +757 New
IA
31
IFP Advisors
Florida
$32K -$18K -339 -34%
US Bancorp
32
US Bancorp
Minnesota
$31K – – –
WEC
33
Winslow Evans & Crocker
Massachusetts
$20K – – –
JP Morgan Chase
34
JP Morgan Chase
New York
$14K – – –
CFGS
35
Concourse Financial Group Securities
Alabama
$14K +$8.9K +168 +121%
ASN
36
Advisory Services Network
Georgia
$9K – – –
WAP
37
Wealthcare Advisory Partners
Pennsylvania
$9K – – –
SFG
38
SNS Financial Group
Minnesota
– -$285K -4,956 Closed
WSTAM
39
Wilbanks Smith & Thomas Asset Management
Virginia
– -$167K -2,910 Closed
SWP
40
Stratos Wealth Partners
Ohio
– -$84K -1,461 Closed
CPIG
41
Chicago Partners Investment Group
Illinois
– -$4K -82 Closed
SPIA
42
Steward Partners Investment Advisory
New York
– -$1K -17 Closed
CF
43
Centaurus Financial
California
– -$118 -2 Closed
1
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FAB Hedge Fund Activity: Q4 2018 in Review

38 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2018, worth a combined $34.6M — down 14% from $40M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FAB and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.

The largest buyer was LPL Financial, adding an estimated $1.98M. The largest seller was Susquehanna International Group, cutting an estimated $1.27M.

  • 38 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2018, down from 40 in Q3 2018.
  • Funds reported $34.6M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2018, down 14% quarter-over-quarter.
  • 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2018 and 6 closed out, a net change of -2 holders.
  • The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2018 was LPL Financial, an estimated $1.98M added.
  • The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2018 was Susquehanna International Group, an estimated $1.27M sold.

Based on aggregated 13F filings for Q4 2018.