First Trust Multi Cap Value AlphaDEX Fund
FAB
60 hedge funds and large institutions have $104M invested in First Trust Multi Cap Value AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 17 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
12% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 17
9% more funds holding
Funds holding: 55 → 60 (+5)
8% more capital invested
Capital invested by funds: $96.1M → $104M (+$7.73M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.7% less ownership
Funds ownership: 57.43% → 56.73% (-0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$5.91M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$5.65M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$5.57M |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$3.93M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$3.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$8.99M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.72M |
| 3 |
Morgan Stanley
New York
|
-$3.69M |
| 4 |
LPL Financial
San Diego,
California
|
-$3.5M |
| 5 |
Jane Street
New York
|
-$1.58M |
FAB Hedge Fund Activity: Q4 2022 in Review
60 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2022, worth a combined $104M — up 8% from $96.1M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FAB positions and 7 closed out — a net gain of 6 holders — while 19 added to existing stakes and 17 trimmed.
The largest buyer was Stifel Financial, adding an estimated $5.91M. The largest seller was AE Wealth Management, exiting entirely with an estimated $8.99M sold.
- 60 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2022, up from 55 in Q3 2022.
- Funds reported $104M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2022, up 8% quarter-over-quarter.
- 13 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2022 and 7 closed out, a net change of +6 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2022 was Stifel Financial, an estimated $5.91M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2022 was AE Wealth Management, an estimated $8.99M sold.
Based on aggregated 13F filings for Q4 2022.