First Trust Multi Cap Value AlphaDEX Fund
FAB
30 hedge funds and large institutions have $21.2M invested in First Trust Multi Cap Value AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 10 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
10% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 10
3% more funds holding
Funds holding: 29 → 30 (+1)
3.03% more ownership
Funds ownership: 38.45% → 41.48% (+3%)
4% more capital invested
Capital invested by funds: $20.3M → $21.2M (+$899K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.47M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$833K |
| 3 |
Morgan Stanley
New York
|
+$381K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$265K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$110K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.1M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$525K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$434K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$126K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$95.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
26
Concourse Financial Group Securities
Birmingham,
Alabama
| $22K | +$5.95K | +125 | +36% |
|
27
Fidelity Investments
Boston,
Massachusetts
| $18K | – | – | – |
|
|
ASN
28
Advisory Services Network
Atlanta,
Georgia
| $9K | +$8.81K | +185 | New |
|
|
NNP
29
Nachman Norwood & Parrott
Greenville,
South Carolina
| $9K | +$9.52K | +200 | New |
|
|
DI
30
Disciplined Investments
Tulsa,
Oklahoma
| $9K | +$9.67K | +203 | New |
|
|
CAN
31
Cetera Advisor Networks
El Segundo,
California
| – | -$52K | -1,139 | Closed |
|
|
1W
32
1776 Wealth
Atlanta,
Georgia
| – | -$4K | -96 | Closed |
|
FAB Hedge Fund Activity: Q3 2020 in Review
30 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2020, worth a combined $21.2M — up 4.4% from $20.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAB positions and 2 closed out — a net gain of 1 holder — while 11 added to existing stakes and 10 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.47M. The largest seller was LPL Financial, cutting an estimated $1.1M.
- 30 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2020, up from 29 in Q2 2020.
- Funds reported $21.2M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2020, up 4.4% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2020 and 2 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2020 was Susquehanna International Group, an estimated $1.47M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2020 was LPL Financial, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2020.