First Trust Multi Cap Value AlphaDEX Fund
FAB
33 hedge funds and large institutions have $38.5M invested in First Trust Multi Cap Value AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
3% more funds holding
Funds holding: 32 → 33 (+1)
2.32% more ownership
Funds ownership: 44.25% → 46.56% (+2.3%)
1% more capital invested
Capital invested by funds: $38.1M → $38.5M (+$409K)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.89M |
| 2 |
Morgan Stanley
New York
|
+$659K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$200K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$76.2K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$70.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$439K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$307K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$295K |
| 4 |
Jane Street
New York
|
-$271K |
| 5 |
LPL Financial
San Diego,
California
|
-$252K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $118K | +$117K | +2,221 | New |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $80K | -$52.6K | -1,000 | -40% |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $59K | – | – | – |
|
29
US Bancorp
Minneapolis,
Minnesota
| $35K | – | – | – |
|
|
AIC
30
Ameritas Investment Company
Lincoln,
Nebraska
| $16K | +$15.6K | +297 | New |
|
|
CFGS
31
Concourse Financial Group Securities
Birmingham,
Alabama
| $10K | -$8.84K | -168 | -48% |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| $10K | – | – | – |
|
|
RIA
33
Realta Investment Advisors
Wilmington,
Delaware
| – | -$9K | -173 | Closed |
|
FAB Hedge Fund Activity: Q3 2019 in Review
33 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2019, worth a combined $38.5M — up 1.1% from $38.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAB positions and 2 closed out — a net gain of 1 holder — while 6 added to existing stakes and 16 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.89M. The largest seller was Citadel Advisors, cutting an estimated $439K.
- 33 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2019, up from 32 in Q2 2019.
- Funds reported $38.5M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2019, up 1.1% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2019 and 2 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2019 was Susquehanna International Group, an estimated $1.89M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2019 was Citadel Advisors, an estimated $439K sold.
Based on aggregated 13F filings for Q3 2019.