First Trust Multi Cap Value AlphaDEX Fund
FAB
38 hedge funds and large institutions have $34.6M invested in First Trust Multi Cap Value AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 6 closing their positions.
1.69% more ownership
Funds ownership: 43.51% → 45.2% (+1.7%)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
5% less funds holding
Funds holding: 40 → 38 (-2)
14% less capital invested
Capital invested by funds: $40M → $34.6M (-$5.44M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.98M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.13M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$720K |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$530K |
| 5 |
Morgan Stanley
New York
|
+$280K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.27M |
| 2 |
Jane Street
New York
|
-$927K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$660K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$436K |
| 5 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
-$285K |
FAB Hedge Fund Activity: Q4 2018 in Review
38 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q4 2018, worth a combined $34.6M — down 14% from $40M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FAB and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was LPL Financial, adding an estimated $1.98M. The largest seller was Susquehanna International Group, cutting an estimated $1.27M.
- 38 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q4 2018, down from 40 in Q3 2018.
- Funds reported $34.6M of First Trust Multi Cap Value AlphaDEX Fund stock for Q4 2018, down 14% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q4 2018 and 6 closed out, a net change of -2 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q4 2018 was LPL Financial, an estimated $1.98M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q4 2018 was Susquehanna International Group, an estimated $1.27M sold.
Based on aggregated 13F filings for Q4 2018.