First Trust Multi Cap Value AlphaDEX Fund
FAB
46 hedge funds and large institutions have $50M invested in First Trust Multi Cap Value AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 16 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
5% more funds holding
Funds holding: 44 → 46 (+2)
1% less capital invested
Capital invested by funds: $50.6M → $50M (-$545K)
6% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 16
1.64% less ownership
Funds ownership: 44.49% → 42.85% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.78M |
| 2 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$600K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$535K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$332K |
| 5 |
Morgan Stanley
New York
|
+$243K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.37M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.92M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.12M |
| 4 |
JP Morgan Chase
New York
|
-$373K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$250K |
FAB Hedge Fund Activity: Q1 2017 in Review
46 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2017, worth a combined $50M — down 1.1% from $50.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAB positions and 3 closed out — a net gain of 3 holders — while 15 added to existing stakes and 16 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.78M. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $2.37M sold.
- 46 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2017, up from 44 in Q4 2016.
- Funds reported $50M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2017, down 1.1% quarter-over-quarter.
- 6 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2017 and 3 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2017 was Susquehanna International Group, an estimated $1.78M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2017 was Mariner Independent Advisor Network, an estimated $2.37M sold.
Based on aggregated 13F filings for Q1 2017.