First Trust Multi Cap Value AlphaDEX Fund
FAB
39 hedge funds and large institutions have $79.5M invested in First Trust Multi Cap Value AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
11% more funds holding
Funds holding: 35 → 39 (+4)
8% more capital invested
Capital invested by funds: $73.9M → $79.5M (+$5.65M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.72% less ownership
Funds ownership: 42.58% → 41.86% (-0.72%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.05M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.27M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.03M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$965K |
| 5 |
AIG
American International Group
New York
|
+$785K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.99M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.67M |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$753K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$529K |
| 5 |
SSWM
Sheets Smith Wealth Management
Winston-Salem,
North Carolina
|
-$332K |
FAB Hedge Fund Activity: Q4 2014 in Review
39 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2014, worth a combined $79.5M — up 7.6% from $73.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAB positions and 2 closed out — a net gain of 5 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.05M. The largest seller was Wells Fargo, cutting an estimated $4.99M.
- 39 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2014, up from 35 in Q3 2014.
- Funds reported $79.5M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2014, up 7.6% quarter-over-quarter.
- 7 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2014 and 2 closed out, a net change of +5 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2014 was Morgan Stanley, an estimated $6.05M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2014 was Wells Fargo, an estimated $4.99M sold.
Based on aggregated 13F filings for Q4 2014.