First Trust Multi Cap Value AlphaDEX Fund
FAB
65 hedge funds and large institutions have $71.7M invested in First Trust Multi Cap Value AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 27 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
0% more funds holding
Funds holding: 65 → 65 (0)
1.8% less ownership
Funds ownership: 52.34% → 50.55% (-1.8%)
17% less capital invested
Capital invested by funds: $86.5M → $71.7M (-$14.8M)
52% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.75M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.16M |
| 3 |
PI
PFG Investments
Woodbury,
New York
|
+$360K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$242K |
| 5 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$5.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.73M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$2.36M |
| 4 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$1.41M |
| 5 |
LPL Financial
San Diego,
California
|
-$665K |
FAB Hedge Fund Activity: Q2 2024 in Review
65 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Value AlphaDEX Fund (FAB) for Q2 2024, worth a combined $71.7M — down 17% from $86.5M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAB positions and 3 closed out — a net gain of 2 holders — while 13 added to existing stakes and 27 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.75M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $5.47M.
- 65 institutional investors held First Trust Multi Cap Value AlphaDEX Fund (FAB) as of Q2 2024, unchanged from Q1 2024.
- Funds reported $71.7M of First Trust Multi Cap Value AlphaDEX Fund stock for Q2 2024, down 17% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Value AlphaDEX Fund positions in Q2 2024 and 3 closed out, a net change of +2 holders.
- The largest First Trust Multi Cap Value AlphaDEX Fund buyer in Q2 2024 was Susquehanna International Group, an estimated $1.75M added.
- The largest First Trust Multi Cap Value AlphaDEX Fund seller in Q2 2024 was Benjamin F. Edwards & Company, an estimated $5.47M sold.
Based on aggregated 13F filings for Q2 2024.