First Trust Multi Cap Value AlphaDEX Fund
FAB
44 hedge funds and large institutions have $50.6M invested in First Trust Multi Cap Value AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 17 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
5% more funds holding
Funds holding: 42 → 44 (+2)
2.04% more ownership
Funds ownership: 42.45% → 44.49% (+2%)
3% more capital invested
Capital invested by funds: $49.3M → $50.6M (+$1.25M)
24% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$3.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.12M |
| 3 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$659K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$435K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.31M |
| 2 |
JP Morgan Chase
New York
|
-$1.94M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.39M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.36M |
| 5 |
Jane Street
New York
|
-$1.25M |
FAB Hedge Fund Activity: Q4 2016 in Review
44 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2016, worth a combined $50.6M — up 2.5% from $49.3M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAB positions and 5 closed out — a net gain of 4 holders — while 13 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $3.79M. The largest seller was Goldman Sachs, cutting an estimated $2.31M.
- 44 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2016, up from 42 in Q3 2016.
- Funds reported $50.6M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2016, up 2.5% quarter-over-quarter.
- 9 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2016 and 5 closed out, a net change of +4 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2016 was Bank of America, an estimated $3.79M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2016 was Goldman Sachs, an estimated $2.31M sold.
Based on aggregated 13F filings for Q4 2016.