First Trust Multi Cap Value AlphaDEX Fund
FAB
30 hedge funds and large institutions have $31.3M invested in First Trust Multi Cap Value AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 11 reducing their positions, and 3 closing their positions.
47% more capital invested
Capital invested by funds: $21.2M → $31.3M (+$10M)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
1.39% more ownership
Funds ownership: 41.48% → 42.87% (+1.4%)
0% more funds holding
Funds holding: 30 → 30 (0)
9% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.53M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$2.95M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.71M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$744K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$550K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.89M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.04M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$861K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$539K |
| 5 |
LPL Financial
San Diego,
California
|
-$358K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $40K | – | – | – |
|
|
BFEC
27
Benjamin F. Edwards & Company
St. Louis,
Missouri
| $29K | – | – | – |
|
|
CFGS
28
Concourse Financial Group Securities
Birmingham,
Alabama
| $26K | -$1.61K | -30 | -6% |
|
|
AWM
29
Accel Wealth Management
Waverly,
Iowa
| $17K | +$15.2K | +283 | New |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $11K | – | – | – |
|
31
Fidelity Investments
Boston,
Massachusetts
| – | -$18K | -397 | Closed |
|
|
DI
32
Disciplined Investments
Tulsa,
Oklahoma
| – | -$9K | -203 | Closed |
|
|
NNP
33
Nachman Norwood & Parrott
Greenville,
South Carolina
| – | -$9K | -200 | Closed |
|
FAB Hedge Fund Activity: Q4 2020 in Review
30 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2020, worth a combined $31.3M — up 47% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAB positions and 3 closed out — a net gain of 1 holder — while 10 added to existing stakes and 11 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $3.53M. The largest seller was Susquehanna International Group, cutting an estimated $2.89M.
- 30 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $31.3M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2020, up 47% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2020 and 3 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2020 was Goldman Sachs, an estimated $3.53M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2020 was Susquehanna International Group, an estimated $2.89M sold.
Based on aggregated 13F filings for Q4 2020.