First Trust Multi Cap Growth AlphaDEX Fund
FAD
30 hedge funds and large institutions have $23.8M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 8 closing their positions.
8.13% less ownership
Funds ownership: 39.13% → 31% (-8.1%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
12% less funds holding
Funds holding: 34 → 30 (-4)
17% less capital invested
Capital invested by funds: $28.7M → $23.8M (-$4.94M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$705K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$517K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$444K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$143K |
| 5 |
LPL Financial
San Diego,
California
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.52M |
| 2 |
JP Morgan Chase
New York
|
-$2.06M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$1.45M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$623K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$114K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIG
26
American International Group
New York
| $36.3K | -$2.48K | -50 | -7% |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $31K | +$29.9K | +603 | New |
|
28
Citigroup
New York
| $26K | +$4.12K | +83 | +19% |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| $20.5K | – | – | – |
|
|
30
JP Morgan Chase
New York
| – | -$2.06M | -42,157 | Closed |
|
|
RJA
31
Raymond James & Associates
St Petersburg,
Florida
| – | -$623K | -12,746 | Closed |
|
32
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$107K | -2,202 | Closed |
|
|
NPC
33
National Planning Corporation
El Segundo,
California
| – | -$9.57K | -200 | Closed |
|
34
US Bancorp
Minneapolis,
Minnesota
| – | -$8K | -160 | Closed |
|
|
WTB
35
Washington Trust Bank
Spokane,
Washington
| – | -$4K | -90 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$4K | -74 | Closed |
|
|
BRWA
37
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$1 | -22 | Closed |
|
FAD Hedge Fund Activity: Q1 2015 in Review
30 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2015, worth a combined $23.8M — down 17% from $28.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FAD and 4 opened new positions — a net loss of 4 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, opening a new position worth an estimated $705K. The largest seller was Susquehanna International Group, cutting an estimated $3.52M.
- 30 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2015, down from 34 in Q4 2014.
- Funds reported $23.8M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2015, down 17% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2015 and 8 closed out, a net change of -4 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2015 was Jane Street, an estimated $705K added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2015 was Susquehanna International Group, an estimated $3.52M sold.
Based on aggregated 13F filings for Q1 2015.