First Trust Multi Cap Value AlphaDEX Fund
FAB
40 hedge funds and large institutions have $102M invested in First Trust Multi Cap Value AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 20 increasing their positions, 13 reducing their positions, and 6 closing their positions.
54% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 13
10% more capital invested
Capital invested by funds: $92.1M → $102M (+$9.63M)
3.1% more ownership
Funds ownership: 46.64% → 49.74% (+3.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 44 → 40 (-4)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.5M |
| 2 |
Morgan Stanley
New York
|
+$3.22M |
| 3 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$1.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$900K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$567K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.84M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.52M |
| 3 |
CFA
Cahill Financial Advisors
Edina,
Minnesota
|
-$1.06M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$688K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$427K |
FAB Hedge Fund Activity: Q2 2015 in Review
40 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2015, worth a combined $102M — up 10% from $92.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FAB and 2 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 20 added.
The largest buyer was Raymond James & Associates, adding an estimated $11.5M. The largest seller was Jane Street, exiting entirely with an estimated $1.84M sold.
- 40 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2015, down from 44 in Q1 2015.
- Funds reported $102M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2015, up 10% quarter-over-quarter.
- 2 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2015 and 6 closed out, a net change of -4 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2015 was Raymond James & Associates, an estimated $11.5M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2015 was Jane Street, an estimated $1.84M sold.
Based on aggregated 13F filings for Q2 2015.