First Trust Multi Cap Value AlphaDEX Fund
FAB
65 hedge funds and large institutions have $86.5M invested in First Trust Multi Cap Value AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
7% more funds holding
Funds holding: 61 → 65 (+4)
6.65% less ownership
Funds ownership: 58.99% → 52.34% (-6.6%)
11% less capital invested
Capital invested by funds: $96.7M → $86.5M (-$10.2M)
29% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 24
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$1.17M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$453K |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$366K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$217K |
| 5 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$8.39M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.57M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.76M |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$1.55M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.19M |
FAB Hedge Fund Activity: Q1 2024 in Review
65 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2024, worth a combined $86.5M — down 11% from $96.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAB positions and 2 closed out — a net gain of 4 holders — while 17 added to existing stakes and 24 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $1.17M. The largest seller was Morgan Stanley, cutting an estimated $8.39M.
- 65 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2024, up from 61 in Q4 2023.
- Funds reported $86.5M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2024, down 11% quarter-over-quarter.
- 6 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2024 and 2 closed out, a net change of +4 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2024 was Goldman Sachs, an estimated $1.17M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $8.39M sold.
Based on aggregated 13F filings for Q1 2024.