First Trust Multi Cap Value AlphaDEX Fund
FAB
35 hedge funds and large institutions have $38.9M invested in First Trust Multi Cap Value AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 3 closing their positions.
13% more capital invested
Capital invested by funds: $34.6M → $38.9M (+$4.33M)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
0.07% less ownership
Funds ownership: 45.2% → 45.13% (-0.07%)
8% less funds holding
Funds holding: 38 → 35 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.21M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$431K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$300K |
| 4 |
Jane Street
New York
|
+$193K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$63.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$670K |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$478K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$440K |
| 4 |
Morgan Stanley
New York
|
-$202K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$128K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $135K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $80K | +$42.7K | +804 | +120% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $60K | – | – | – |
|
|
CWA
29
Clarus Wealth Advisors
Peoria,
Arizona
| $49K | -$5.31K | -100 | -10% |
|
30
US Bancorp
Minneapolis,
Minnesota
| $35K | – | – | – |
|
|
WEC
31
Winslow Evans & Crocker
Boston,
Massachusetts
| $22K | – | – | – |
|
|
CFGS
32
Concourse Financial Group Securities
Birmingham,
Alabama
| $18K | +$2.23K | +42 | +14% |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| $10K | – | – | – |
|
|
WAP
34
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $6K | -$4.25K | -80 | -42% |
|
|
OIA
35
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$478K | -9,996 | Closed |
|
|
AIC
36
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$36K | -757 | Closed |
|
37
JP Morgan Chase
New York
| – | -$14K | -285 | Closed |
|
FAB Hedge Fund Activity: Q1 2019 in Review
35 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2019, worth a combined $38.9M — up 13% from $34.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FAB and 0 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was LPL Financial, adding an estimated $1.21M. The largest seller was UBS Group, cutting an estimated $670K.
- 35 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2019, down from 38 in Q4 2018.
- Funds reported $38.9M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2019, up 13% quarter-over-quarter.
- 0 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2019 and 3 closed out, a net change of -3 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2019 was LPL Financial, an estimated $1.21M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2019 was UBS Group, an estimated $670K sold.
Based on aggregated 13F filings for Q1 2019.