First Trust Multi Cap Growth AlphaDEX Fund
FAD
34 hedge funds and large institutions have $32.2M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
4% more capital invested
Capital invested by funds: $31M → $32.2M (+$1.17M)
0.24% more ownership
Funds ownership: 31.03% → 31.28% (+0.24%)
3% less funds holding
Funds holding: 35 → 34 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.72M |
| 2 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$697K |
| 3 |
Jane Street
New York
|
+$585K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$485K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.56M |
| 2 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
-$1.44M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$533K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$438K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$347K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $68K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $41K | – | – | – |
|
|
GWM
28
Geneos Wealth Management
Englewood,
Colorado
| $24K | – | – | – |
|
|
WEC
29
Winslow Evans & Crocker
Boston,
Massachusetts
| $21.2K | – | – | – |
|
|
DADC
30
D.A. Davidson & Co
Great Falls,
Montana
| $11K | – | – | – |
|
31
Citigroup
New York
| $7K | -$3.16K | -60 | -31% |
|
|
MFS
32
MSI Financial Services
Springfield,
Massachusetts
| $7K | – | – | – |
|
|
WP
33
WealthPLAN Partners
Omaha,
Nebraska
| $1.1K | -$1.11K | -21 | -50% |
|
|
VKH
34
Virtu KCG Holdings
New York
| – | -$533K | -10,402 | Closed |
|
35
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$28K | -550 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$20K | -384 | Closed |
|
FAD Hedge Fund Activity: Q3 2016 in Review
34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2016, worth a combined $32.2M — up 3.8% from $31M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAD positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.72M. The largest seller was Royal Bank of Canada, cutting an estimated $1.56M.
- 34 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2016, down from 35 in Q2 2016.
- Funds reported $32.2M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2016, up 3.8% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2016 was LPL Financial, an estimated $1.72M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2016 was Royal Bank of Canada, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2016.