First Trust Multi Cap Value AlphaDEX Fund
FAB
40 hedge funds and large institutions have $63.2M invested in First Trust Multi Cap Value AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
6.48% more ownership
Funds ownership: 42.1% → 48.58% (+6.5%)
5% more capital invested
Capital invested by funds: $60.1M → $63.2M (+$3.15M)
3% more funds holding
Funds holding: 39 → 40 (+1)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.49M |
| 2 |
Jane Street
New York
|
+$5.07M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.16M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.92M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.65M |
| 2 |
AIG
American International Group
New York
|
-$1.16M |
| 3 |
PAS
Partnervest Advisory Services
Santa Barbara,
California
|
-$809K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$595K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$457K |
FAB Hedge Fund Activity: Q4 2015 in Review
40 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2015, worth a combined $63.2M — up 5.2% from $60.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAB positions and 4 closed out — a net gain of 1 holder — while 13 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $5.49M. The largest seller was Morgan Stanley, cutting an estimated $9.65M.
- 40 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2015, up from 39 in Q3 2015.
- Funds reported $63.2M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2015, up 5.2% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2015 and 4 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2015 was LPL Financial, an estimated $5.49M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2015 was Morgan Stanley, an estimated $9.65M sold.
Based on aggregated 13F filings for Q4 2015.