First Trust Multi Cap Value AlphaDEX Fund
FAB
41 hedge funds and large institutions have $37M invested in First Trust Multi Cap Value AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 7 closing their positions.
3.02% less ownership
Funds ownership: 44.18% → 41.16% (-3%)
11% less funds holding
Funds holding: 46 → 41 (-5)
12% less capital invested
Capital invested by funds: $42.3M → $37M (-$5.26M)
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.28M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$818K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$491K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$454K |
| 5 |
CWA
Clarus Wealth Advisors
Peoria,
Arizona
|
+$46.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.44M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$996K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$751K |
FAB Hedge Fund Activity: Q2 2018 in Review
41 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2018, worth a combined $37M — down 12% from $42.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAB and 2 opened new positions — a net loss of 5 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was LPL Financial, adding an estimated $2.28M. The largest seller was Goldman Sachs, exiting entirely with an estimated $2.44M sold.
- 41 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2018, down from 46 in Q1 2018.
- Funds reported $37M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2018, down 12% quarter-over-quarter.
- 2 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2018 and 7 closed out, a net change of -5 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2018 was LPL Financial, an estimated $2.28M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2018 was Goldman Sachs, an estimated $2.44M sold.
Based on aggregated 13F filings for Q2 2018.