First Trust Multi Cap Value AlphaDEX Fund
FAB
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.
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: 58 → 54 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.61M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.59M |
| 3 |
VF
Virtu Financial
New York
|
+$643K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$224K |
| 5 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.96M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.81M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.75M |
| 4 |
Rockefeller Capital Management
New York
|
-$760K |
| 5 |
Goldman Sachs
New York
|
-$408K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWM
51
Avior Wealth Management
Omaha,
Nebraska
| $5.26K | -$3.05K | -42 | -36% |
|
|
GRP
52
Global Retirement Partners
San Rafael,
California
| $4.39K | – | – | – |
|
|
LFG
53
Larson Financial Group
St Louis,
Missouri
| $2.93K | – | – | – |
|
|
SPIA
54
Steward Partners Investment Advisory
New York
| $1.11K | – | – | – |
|
|
TCM
55
TD Capital Management
Memphis,
Tennessee
| $10 | – | – | – |
|
|
56
Rockefeller Capital Management
New York
| – | -$760K | -10,719 | Closed |
|
|
57
Goldman Sachs
New York
| – | -$408K | -5,753 | Closed |
|
58
MML Investors Services
Springfield,
Massachusetts
| – | -$335K | -4,718 | Closed |
|
|
KAS
59
Kestra Advisory Services
Austin,
Texas
| – | -$283K | -3,994 | Closed |
|
|
FTUS
60
Flow Traders U.S.
New York
| – | -$262K | -3,698 | Closed |
|
|
IAN
61
Integrated Advisors Network
Dallas,
Texas
| – | -$260K | -3,672 | Closed |
|
|
PTC
62
Private Trust Company
Cleveland,
Ohio
| – | -$42K | -592 | Closed |
|
|
IGWM
63
ICA Group Wealth Management
Denver,
Colorado
| – | -$19.5K | -275 | Closed |
|
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.