First Trust Multi Cap Value AlphaDEX Fund
FAB
21 hedge funds and large institutions have $41.1M invested in First Trust Multi Cap Value AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 2 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
5% more funds holding
Funds holding: 20 → 21 (+1)
5% more capital invested
Capital invested by funds: $39.2M → $41.1M (+$1.91M)
4.77% less ownership
Funds ownership: 47.15% → 42.37% (-4.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.05M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.31M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$520K |
| 4 |
LPL Financial
San Diego,
California
|
+$512K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$394K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$5.72M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.08M |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$842K |
| 4 |
JP Morgan Chase
New York
|
-$490K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$356K |
FAB Hedge Fund Activity: Q3 2013 in Review
21 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2013, worth a combined $41.1M — up 4.9% from $39.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAB positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $5.05M. The largest seller was Legacy Private Trust, cutting an estimated $5.72M.
- 21 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2013, up from 20 in Q2 2013.
- Funds reported $41.1M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2013, up 4.9% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2013 and 2 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2013 was Morgan Stanley, an estimated $5.05M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2013 was Legacy Private Trust, an estimated $5.72M sold.
Based on aggregated 13F filings for Q3 2013.