First Trust Multi Cap Growth AlphaDEX Fund
FAD
111 hedge funds and large institutions have $394M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 38 increasing their positions, 25 reducing their positions, and 5 closing their positions.
280% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 5
52% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 25
51% more capital invested
Capital invested by funds: $261M → $394M (+$133M)
12% more funds holding
Funds holding: 99 → 111 (+12)
1.06% more ownership
Funds ownership: 67.05% → 68.1% (+1.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$14.3M |
| 2 |
VF
Virtu Financial
New York
|
+$7.72M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$6.81M |
| 4 |
Morgan Stanley
New York
|
+$6.39M |
| 5 |
Jones Financial Companies
Des Peres,
Missouri
|
+$5.86M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.38M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.4M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$980K |
| 4 |
PFA
Plotkin Financial Advisors
Chevy Chase,
Maryland
|
-$537K |
| 5 |
GWP
Gateway Wealth Partners
Appleton,
Wisconsin
|
-$321K |
FAD Hedge Fund Activity: Q2 2026 in Review
111 of the 8,317 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2026, worth a combined $394M — up 51% from $261M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new FAD positions and 5 closed out — a net gain of 14 holders — while 38 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $14.3M. The largest seller was Susquehanna International Group, cutting an estimated $3.38M.
- 111 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2026, up from 99 in Q1 2026.
- Funds reported $394M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2026, up 51% quarter-over-quarter.
- 19 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2026 and 5 closed out, a net change of +14 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2026 was LPL Financial, an estimated $14.3M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2026 was Susquehanna International Group, an estimated $3.38M sold.
Based on aggregated 13F filings for Q2 2026.