We are live on ! Find out more
FAB icon

First Trust Multi Cap Value AlphaDEX Fund
FAB

68 hedge funds and large institutions have $124M invested in First Trust Multi Cap Value AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 13 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 3

123% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 13

19% more capital invested

Capital invested by funds: $104M → $124M (+$20M)

13% more funds holding

Funds holding: 60 → 68 (+8)

3.61% more ownership

Funds ownership: 56.73% → 60.33% (+3.6%)

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
68
Holders Change
+8
Holders Change %
+13.33%
% of All Funds
1.08%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
12
Increased
29
Reduced
13
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AWM
AE Wealth Management
Kansas
+$9.98M
2
WEG
World Equity Group
Illinois
+$4.04M
3
GIA
Gladstone Institutional Advisory
Florida
+$3M
4
Morgan Stanley
Morgan Stanley
New York
+$2.85M
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$2.4M

Top Sellers

Rank Fund Capital Flow
1
KAS
Kestra Advisory Services
Texas
-$5.63M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.55M
3
MCC
Money Concepts Capital
Florida
-$657K
4
Baird Financial Group
Baird Financial Group
Wisconsin
-$540K
5
Goldman Sachs
Goldman Sachs
New York
-$399K
Name Holding Trade Value Shares
Change 		Change in
Stake
WAP
26
Wealthcare Advisory Partners
Pennsylvania
$750K +$780K +10,768 New
FH
27
FWG Holdings
Florida
$744K +$78.2K +1,079 +11%
Rockefeller Capital Management
28
Rockefeller Capital Management
New York
$722K +$10.9K +151 +1%
IP
29
Ignite Planners
California
$622K – – –
CBFP
30
Cedar Brook Financial Partners
Ohio
$570K +$3.77K +52 +0.6%
LS
31
Leelyn Smith
Illinois
$506K +$527K +7,267 New
QCIG
32
Quad-Cities Investment Group
Iowa
$498K +$46.4K +641 +10%
AWE
33
Avidian Wealth Enterprises
Texas
$487K +$1.52K +21 +0.3%
CCA
34
Cottonwood Capital Advisors
Utah
$434K -$5.29K -73 -1%
MML Investors Services
35
MML Investors Services
Massachusetts
$419K +$124K +1,713 +40%
Goldman Sachs
36
Goldman Sachs
New York
$401K -$399K -5,505 -49%
Envestnet Asset Management
37
Envestnet Asset Management
Illinois
$388K +$73.3K +1,011 +22%
AR
38
Apeiron RIA
Texas
$354K -$7.1K -98 -2%
IAN
39
Integrated Advisors Network
Texas
$354K +$145K +1,999 +65%
CA
40
Cetera Advisors
Colorado
$346K +$145 +2 +0%
E
41
ETFidea
New York
$308K – – –
MC
42
Moors & Cabot
Massachusetts
$301K -$2.46K -34 -0.8%
HI
43
Harbour Investments
Wisconsin
$293K +$41.3K +570 +16%
HA
44
HFG Advisors
Ohio
$285K – – –
SWP
45
Stratos Wealth Partners
Ohio
$272K +$17.9K +247 +7%
KIG
46
Kowal Investment Group
Wisconsin
$257K -$44K -607 -14%
WSTAM
47
Wilbanks Smith & Thomas Asset Management
Virginia
$203K – – –
CFGS
48
Concourse Financial Group Securities
Alabama
$162K – – –
AAS
49
Ameritas Advisory Services
Nebraska
$143K -$121K -1,674 -45%
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
$108K +$797 +11 +0.7%
1
2
3

FAB Hedge Fund Activity: Q1 2023 in Review

68 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2023, worth a combined $124M — up 19% from $104M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FAB positions and 3 closed out — a net gain of 9 holders — while 29 added to existing stakes and 13 trimmed.

The largest buyer was AE Wealth Management, opening a new position worth an estimated $9.98M. The largest seller was Kestra Advisory Services, exiting entirely with an estimated $5.63M sold.

  • 68 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2023, up from 60 in Q4 2022.
  • Funds reported $124M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2023, up 19% quarter-over-quarter.
  • 12 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2023 and 3 closed out, a net change of +9 holders.
  • The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2023 was AE Wealth Management, an estimated $9.98M added.
  • The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2023 was Kestra Advisory Services, an estimated $5.63M sold.

Based on aggregated 13F filings for Q1 2023.