First Trust Multi Cap Value AlphaDEX Fund
FAB
47 hedge funds and large institutions have $46.1M invested in First Trust Multi Cap Value AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 18 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
6% more capital invested
Capital invested by funds: $43.3M → $46.1M (+$2.78M)
4% more funds holding
Funds holding: 45 → 47 (+2)
1.14% more ownership
Funds ownership: 40.35% → 41.5% (+1.1%)
33% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$1.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$431K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$313K |
| 4 |
Jane Street
New York
|
+$158K |
| 5 |
Goldman Sachs
New York
|
+$98K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$535K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$477K |
| 3 |
VF
Virtu Financial
New York
|
-$450K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$361K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$329K |
FAB Hedge Fund Activity: Q4 2017 in Review
47 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2017, worth a combined $46.1M — up 6.4% from $43.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAB positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 18 trimmed.
The largest buyer was Hilltop Holdings, opening a new position worth an estimated $1.4M. The largest seller was Morgan Stanley, cutting an estimated $535K.
- 47 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2017, up from 45 in Q3 2017.
- Funds reported $46.1M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2017, up 6.4% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2017 and 2 closed out, a net change of +2 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2017 was Hilltop Holdings, an estimated $1.4M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2017 was Morgan Stanley, an estimated $535K sold.
Based on aggregated 13F filings for Q4 2017.