First Trust Multi Cap Value AlphaDEX Fund
FAB
40 hedge funds and large institutions have $65.8M invested in First Trust Multi Cap Value AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 6 closing their positions.
2% less funds holding
Funds holding: 41 → 40 (-1)
9.17% less ownership
Funds ownership: 56.15% → 46.98% (-9.2%)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
28% less capital invested
Capital invested by funds: $91.8M → $65.8M (-$25.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.72M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.28M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.26M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.04M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$895K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.53M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.63M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.49M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.28M |
FAB Hedge Fund Activity: Q3 2021 in Review
40 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2021, worth a combined $65.8M — down 28% from $91.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FAB and 5 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.72M. The largest seller was Morgan Stanley, cutting an estimated $15.5M.
- 40 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2021, down from 41 in Q2 2021.
- Funds reported $65.8M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2021, down 28% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2021 and 6 closed out, a net change of -1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2021 was Susquehanna International Group, an estimated $1.72M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2021 was Morgan Stanley, an estimated $15.5M sold.
Based on aggregated 13F filings for Q3 2021.