First Trust Multi Cap Value AlphaDEX Fund
FAB
39 hedge funds and large institutions have $60.1M invested in First Trust Multi Cap Value AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 7 closing their positions.
3% less funds holding
Funds holding: 40 → 39 (-1)
7.64% less ownership
Funds ownership: 49.74% → 42.1% (-7.6%)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
41% less capital invested
Capital invested by funds: $102M → $60.1M (-$41.7M)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.8M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.72M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.13M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$635K |
| 5 |
Jane Street
New York
|
+$513K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$12.7M |
| 2 |
Morgan Stanley
New York
|
-$10.1M |
| 3 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
-$8.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$4.08M |
| 5 |
FIG
Fusion Investment Group
Pittsburgh,
Pennsylvania
|
-$915K |
FAB Hedge Fund Activity: Q3 2015 in Review
39 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q3 2015, worth a combined $60.1M — down 41% from $102M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAB and 6 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 10 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $4.8M. The largest seller was Raymond James & Associates, cutting an estimated $12.7M.
- 39 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q3 2015, down from 40 in Q2 2015.
- Funds reported $60.1M of First Trust Multi Cap Value AlphaDEX Fund stock for Q3 2015, down 41% quarter-over-quarter.
- 6 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q3 2015 and 7 closed out, a net change of -1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $4.8M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q3 2015 was Raymond James & Associates, an estimated $12.7M sold.
Based on aggregated 13F filings for Q3 2015.