First Trust Multi Cap Value AlphaDEX Fund
FAB
61 hedge funds and large institutions have $96.7M invested in First Trust Multi Cap Value AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
13% more funds holding
Funds holding: 54 → 61 (+7)
4% more capital invested
Capital invested by funds: $93.4M → $96.7M (+$3.3M)
0.7% more ownership
Funds ownership: 58.29% → 58.99% (+0.7%)
54% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.01M |
| 2 |
Goldman Sachs
New York
|
+$482K |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$231K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$193K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$190K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.82M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.65M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.89M |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$1.84M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.3M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IGWM
51
ICA Group Wealth Management
Denver,
Colorado
| $21.5K | +$19.6K | +275 | New |
|
|
GWM
52
Geneos Wealth Management
Englewood,
Colorado
| $19.2K | – | – | – |
|
53
JP Morgan Chase
New York
| $18.4K | -$9.76K | -137 | -37% |
|
|
ASN
54
Advisory Services Network
Atlanta,
Georgia
| $14.4K | +$13.2K | +185 | New |
|
55
US Bancorp
Minneapolis,
Minnesota
| $13.7K | +$12.5K | +175 | New |
|
|
SWM
56
Spire Wealth Management
Mclean,
Virginia
| $12.4K | – | – | – |
|
|
AWM
57
Avior Wealth Management
Omaha,
Nebraska
| $5.89K | – | – | – |
|
|
GRP
58
Global Retirement Partners
San Rafael,
California
| $4.91K | – | – | – |
|
|
LFG
59
Larson Financial Group
St Louis,
Missouri
| $3.28K | – | – | – |
|
|
CAM
60
Creekmur Asset Management
Morton,
Illinois
| $2.19K | +$1.99K | +28 | New |
|
|
SPIA
61
Steward Partners Investment Advisory
New York
| $1.25K | – | – | – |
|
|
FH
62
FWG Holdings
Winter Park,
Florida
| – | -$717K | -10,612 | Closed |
|
|
IP
63
Ignite Planners
San Clemente,
California
| – | -$620K | -9,181 | Closed |
|
FAB Hedge Fund Activity: Q4 2023 in Review
61 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2023, worth a combined $96.7M — up 3.5% from $93.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAB positions and 2 closed out — a net gain of 7 holders — while 12 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.01M. The largest seller was Osaic Holdings, cutting an estimated $5.82M.
- 61 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2023, up from 54 in Q3 2023.
- Funds reported $96.7M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2023, up 3.5% quarter-over-quarter.
- 9 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2023 and 2 closed out, a net change of +7 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $7.01M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2023 was Osaic Holdings, an estimated $5.82M sold.
Based on aggregated 13F filings for Q4 2023.