First Trust Multi Cap Growth AlphaDEX Fund
FAD
27 hedge funds and large institutions have $27M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
19% more capital invested
Capital invested by funds: $22.7M → $27M (+$4.34M)
8% more funds holding
Funds holding: 25 → 27 (+2)
3.88% more ownership
Funds ownership: 35.76% → 39.64% (+3.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2M |
| 2 |
Morgan Stanley
New York
|
+$1.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$749K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$540K |
| 5 |
SG Americas Securities
New York
|
+$456K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$311K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$266K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$18.6K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$7.79K |
| 5 |
LPL Financial
San Diego,
California
|
-$3.91K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $18.2K | – | – | – |
|
27
US Bancorp
Minneapolis,
Minnesota
| $7K | +$7.45K | +160 | New |
|
|
BRWA
28
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$7.79K | -166 | Closed |
|
FAD Hedge Fund Activity: Q3 2014 in Review
27 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2014, worth a combined $27M — up 19% from $22.7M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FAD positions and 1 closed out — a net gain of 2 holders — while 12 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2M. The largest seller was JP Morgan Chase, cutting an estimated $311K.
- 27 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2014, up from 25 in Q2 2014.
- Funds reported $27M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2014, up 19% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2014 and 1 closed out, a net change of +2 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2014 was Susquehanna International Group, an estimated $2M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2014 was JP Morgan Chase, an estimated $311K sold.
Based on aggregated 13F filings for Q3 2014.