First Trust Multi Cap Value AlphaDEX Fund
FAB
32 hedge funds and large institutions have $38.1M invested in First Trust Multi Cap Value AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
0.88% less ownership
Funds ownership: 45.13% → 44.25% (-0.88%)
2% less capital invested
Capital invested by funds: $38.9M → $38.1M (-$775K)
9% less funds holding
Funds holding: 35 → 32 (-3)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.26M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$660K |
| 3 |
Jane Street
New York
|
+$436K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$414K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$332K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$1.19M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$943K |
| 3 |
Morgan Stanley
New York
|
-$785K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$592K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$296K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $60K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $35K | – | – | – |
|
|
CFGS
28
Concourse Financial Group Securities
Birmingham,
Alabama
| $19K | – | – | – |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $10K | – | – | – |
|
|
RIA
30
Realta Investment Advisors
Wilmington,
Delaware
| $9K | +$9.31K | +173 | New |
|
|
KWM
31
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$1.19M | -22,086 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$592K | -10,983 | Closed |
|
|
CWA
33
Clarus Wealth Advisors
Peoria,
Arizona
| – | -$49K | -910 | Closed |
|
|
WEC
34
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$22K | -400 | Closed |
|
|
WAP
35
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$6K | -110 | Closed |
|
|
SPIA
36
Steward Partners Investment Advisory
New York
| – | +$915 | +17 | New |
|
FAB Hedge Fund Activity: Q2 2019 in Review
32 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2019, worth a combined $38.1M — down 2% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAB and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was LPL Financial, adding an estimated $1.26M. The largest seller was Kingsview Wealth Management, exiting entirely with an estimated $1.19M sold.
- 32 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2019, down from 35 in Q1 2019.
- Funds reported $38.1M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2019, down 2% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2019 and 5 closed out, a net change of -2 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2019 was LPL Financial, an estimated $1.26M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2019 was Kingsview Wealth Management, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2019.