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First Trust Multi Cap Value AlphaDEX Fund

54 hedge funds and large institutions have $93.4M invested in First Trust Multi Cap Value AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

3.8% more ownership

Funds ownership: 54.5%58.29% (+3.8%)

1% more capital invested

Capital invested by funds: $92.8M → $93.4M (+$575K)

10% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 21

7% less funds holding

Funds holding: 5854 (-4)

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

Holders
54
Holders Change
-4
Holders Change %
-6.9%
% of All Funds
0.86%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
19
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
NS
26
NBC Securities
Alabama
$519K +$542K +7,462 New
MC
27
Moors & Cabot
Massachusetts
$513K +$105K +1,444 +24%
AWE
28
Avidian Wealth Enterprises
Texas
$490K +$2.11K +29 +0.4%
UBS Group
29
UBS Group
Switzerland
$452K -$296K -4,075 -39%
SWP
30
Stratos Wealth Partners
Ohio
$396K +$129K +1,783 +46%
CCA
31
Cottonwood Capital Advisors
Utah
$383K -$28.3K -390 -7%
AR
32
Apeiron RIA
Texas
$353K -$3.05K -42 -0.8%
CA
33
Cetera Advisors
Colorado
$322K -$10.7K -148 -3%
E
34
ETFidea
New York
$294K
HA
35
HFG Advisors
Ohio
$285K
PSF
36
Pacific Sun Financial
California
$284K -$8.71K -120 -3%
Envestnet Asset Management
37
Envestnet Asset Management
Illinois
$270K -$48.4K -666 -15%
HI
38
Harbour Investments
Wisconsin
$265K -$14.3K -197 -5%
KIG
39
Kowal Investment Group
Wisconsin
$260K +$1.74K +24 +0.6%
NA
40
NewEdge Advisors
Louisiana
$219K -$944 -13 -0.4%
WSTAM
41
Wilbanks Smith & Thomas Asset Management
Virginia
$203K
CFGS
42
Concourse Financial Group Securities
Alabama
$172K -$16.3K -225 -8%
Northwestern Mutual Wealth Management
43
Northwestern Mutual Wealth Management
Wisconsin
$72.6K +$799 +11 +1%
IA
44
IFP Advisors
Florida
$48.6K
Comerica Bank
45
Comerica Bank
Texas
$47.7K +$49.7K +684 New
PFBT
46
Parkside Financial Bank & Trust
Missouri
$41.8K +$43.6K +600 New
PNC Financial Services Group
47
PNC Financial Services Group
Pennsylvania
$32.7K
JP Morgan Chase
48
JP Morgan Chase
New York
$26K
GWM
49
Geneos Wealth Management
Colorado
$17.1K +$7.99K +110 +81%
SWM
50
Spire Wealth Management
Virginia
$11.4K

FAB Hedge Fund Activity: Q3 2023 in Review

54 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2023, worth a combined $93.4M — up 0.62% from $92.8M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FAB and 4 opened new positions — a net loss of 4 holders — while 21 trimmed existing stakes and 19 added.

The largest buyer was Wells Fargo, adding an estimated $4.61M. The largest seller was D.A. Davidson & Co, cutting an estimated $1.96M.

  • 54 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2023, down from 58 in Q2 2023.
  • Funds reported $93.4M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2023, up 0.62% quarter-over-quarter.
  • 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2023 and 8 closed out, a net change of -4 holders.
  • The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2023 was Wells Fargo, an estimated $4.61M added.
  • The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2023 was D.A. Davidson & Co, an estimated $1.96M sold.

Based on aggregated 13F filings for Q3 2023.