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First Trust Multi Cap Value AlphaDEX Fund
FAB

39 hedge funds and large institutions have $68.5M invested in First Trust Multi Cap Value AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 2

119% more capital invested

Capital invested by funds: $31.3M → $68.5M (+$37.3M)

56% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 9

30% more funds holding

Funds holding: 30 → 39 (+9)

24.88% more ownership

Funds ownership: 42.87% → 67.75% (+25%)

Holders
39
Holders Change
+9
Holders Change %
+30%
% of All Funds
0.68%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
11
Increased
14
Reduced
9
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$8.66M
2
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$7.86M
3
RJFSA
Raymond James Financial Services Advisors
Florida
+$3.81M
4
LPL Financial
LPL Financial
California
+$2.65M
5
DADC
D.A. Davidson & Co
Montana
+$2.15M

Top Sellers

Rank Fund Capital Flow
1
Goldman Sachs
Goldman Sachs
New York
-$3.24M
2
KPWS
Kestra Private Wealth Services
Texas
-$3.19M
3
Bank of America
Bank of America
North Carolina
-$2.78M
4
CA
Cetera Advisors
Colorado
-$617K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$322K
Name Holding Trade Value Shares
Change 		Change in
Stake
Bank of America
26
Bank of America
North Carolina
$299K -$2.78M -43,014 -91%
LI
27
LVZ Inc
Michigan
$250K +$234K +3,620 New
KAS
28
Kestra Advisory Services
Texas
$237K +$222K +3,434 New
PNC Financial Services Group
29
PNC Financial Services Group
Pennsylvania
$221K – – –
WSTAM
30
Wilbanks Smith & Thomas Asset Management
Virginia
$201K +$188K +2,910 New
Citigroup
31
Citigroup
New York
$104K – – –
Northwestern Mutual Wealth Management
32
Northwestern Mutual Wealth Management
Wisconsin
$69K – – –
IA
33
IFP Advisors
Florida
$48K – – –
SWM
34
Spire Wealth Management
Virginia
$40K +$37.1K +574 New
BFEC
35
Benjamin F. Edwards & Company
Missouri
$35K – – –
CFGS
36
Concourse Financial Group Securities
Alabama
$30K -$839 -13 -3%
AWM
37
Accel Wealth Management
Iowa
$20K +$65 +1 +0.4%
SFPG
38
Stonebridge Financial Planning Group
Florida
$7K +$6.46K +100 New
TRCT
39
Tower Research Capital (TRC)
New York
$4K +$4.07K +63 New
KPWS
40
Kestra Private Wealth Services
Texas
– -$3.19M -54,934 Closed
ASN
41
Advisory Services Network
Georgia
– -$11K -185 Closed
1
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FAB Hedge Fund Activity: Q1 2021 in Review

39 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2021, worth a combined $68.5M — up 119% from $31.3M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new FAB positions and 2 closed out — a net gain of 9 holders — while 14 added to existing stakes and 9 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $8.66M. The largest seller was Goldman Sachs, cutting an estimated $3.24M.

  • 39 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2021, up from 30 in Q4 2020.
  • Funds reported $68.5M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2021, up 119% quarter-over-quarter.
  • 11 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2021 and 2 closed out, a net change of +9 holders.
  • The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2021 was Morgan Stanley, an estimated $8.66M added.
  • The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2021 was Goldman Sachs, an estimated $3.24M sold.

Based on aggregated 13F filings for Q1 2021.