First Trust Multi Cap Growth AlphaDEX Fund
FAD
29 hedge funds and large institutions have $21.2M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 3 closing their positions.
3% less funds holding
Funds holding: 30 → 29 (-1)
3.42% less ownership
Funds ownership: 31% → 27.58% (-3.4%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
11% less capital invested
Capital invested by funds: $23.8M → $21.2M (-$2.59M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$347K |
| 2 |
LPL Financial
San Diego,
California
|
+$178K |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$102K |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$20.4K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
+$16.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DFIM
Detwiler Fenton Investment Management
Boston,
Massachusetts
|
-$1.11M |
| 2 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
-$837K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$458K |
| 4 |
Jane Street
New York
|
-$320K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$208K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $28K | +$1.58K | +31 | +6% |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $20.4K | – | – | – |
|
|
WP
28
WealthPLAN Partners
Omaha,
Nebraska
| $1K | -$52.5K | -1,028 | -98% |
|
|
DFIM
29
Detwiler Fenton Investment Management
Boston,
Massachusetts
| – | -$1.11M | -21,605 | Closed |
|
|
SFG
30
SNS Financial Group
Minneapolis,
Minnesota
| – | -$837K | -16,353 | Closed |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$458K | -8,934 | Closed |
|
FAD Hedge Fund Activity: Q2 2015 in Review
29 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2015, worth a combined $21.2M — down 11% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FAD and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 9 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $347K. The largest seller was Detwiler Fenton Investment Management, exiting entirely with an estimated $1.11M sold.
- 29 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2015, down from 30 in Q1 2015.
- Funds reported $21.2M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2015, down 11% quarter-over-quarter.
- 2 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2015 and 3 closed out, a net change of -1 holder.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2015 was Stifel Financial, an estimated $347K added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2015 was Detwiler Fenton Investment Management, an estimated $1.11M sold.
Based on aggregated 13F filings for Q2 2015.