First Trust Multi Cap Value AlphaDEX Fund
FAB
35 hedge funds and large institutions have $22.2M invested in First Trust Multi Cap Value AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 16 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
0% more funds holding
Funds holding: 35 → 35 (0)
1.82% less ownership
Funds ownership: 47.82% → 45.99% (-1.8%)
48% less capital invested
Capital invested by funds: $43M → $22.2M (-$20.9M)
56% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$958K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$766K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$527K |
| 4 |
AWE
Avidian Wealth Enterprises
Houston,
Texas
|
+$337K |
| 5 |
Rockefeller Capital Management
New York
|
+$50.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$4.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$984K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$888K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$627K |
| 5 |
Morgan Stanley
New York
|
-$415K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $39K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $26K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $23K | – | – | – |
|
|
BFEC
29
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $18K | -$50.2K | -1,000 | -67% |
|
30
Fidelity Investments
Boston,
Massachusetts
| $15K | +$20.9K | +417 | New |
|
|
CFGS
31
Concourse Financial Group Securities
Birmingham,
Alabama
| $12K | – | – | – |
|
|
AIC
32
Ameritas Investment Company
Lincoln,
Nebraska
| $11K | +$14.9K | +297 | New |
|
|
1W
33
1776 Wealth
Atlanta,
Georgia
| $8K | +$4.82K | +96 | +100% |
|
|
ASN
34
Advisory Services Network
Atlanta,
Georgia
| $7K | – | – | – |
|
35
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$396K | -6,815 | Closed |
|
36
HighTower Advisors
Chicago,
Illinois
| – | -$295K | -5,079 | Closed |
|
FAB Hedge Fund Activity: Q1 2020 in Review
35 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2020, worth a combined $22.2M — down 48% from $43M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAB positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 16 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $958K. The largest seller was LPL Financial, cutting an estimated $4.3M.
- 35 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $22.2M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2020, down 48% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2020 and 2 closed out, a net change of +2 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $958K added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2020 was LPL Financial, an estimated $4.3M sold.
Based on aggregated 13F filings for Q1 2020.