First Trust Multi Cap Value AlphaDEX Fund
FAB
39 hedge funds and large institutions have $68.5M invested in First Trust Multi Cap Value AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 14 increasing their positions, 9 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
119% more capital invested
Capital invested by funds: $31.3M → $68.5M (+$37.3M)
56% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 9
30% more funds holding
Funds holding: 30 → 39 (+9)
24.88% more ownership
Funds ownership: 42.87% → 67.75% (+25%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.66M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$7.86M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.81M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.65M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.24M |
| 2 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$3.19M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.78M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
-$617K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$322K |
FAB Hedge Fund Activity: Q1 2021 in Review
39 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q1 2021, worth a combined $68.5M — up 119% from $31.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FAB positions and 2 closed out — a net gain of 9 holders — while 14 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.66M. The largest seller was Goldman Sachs, cutting an estimated $3.24M.
- 39 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q1 2021, up from 30 in Q4 2020.
- Funds reported $68.5M of First Trust Multi Cap Value AlphaDEX Fund stock for Q1 2021, up 119% quarter-over-quarter.
- 11 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q1 2021 and 2 closed out, a net change of +9 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q1 2021 was Morgan Stanley, an estimated $8.66M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q1 2021 was Goldman Sachs, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2021.