First Trust Multi Cap Growth AlphaDEX Fund
FAD
33 hedge funds and large institutions have $27.4M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 4 closing their positions.
2.45% more ownership
Funds ownership: 31.28% → 33.72% (+2.4%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 34 → 33 (-1)
15% less capital invested
Capital invested by funds: $32.2M → $27.4M (-$4.76M)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.66M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$665K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$526K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$370K |
| 5 |
Morgan Stanley
New York
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.03M |
| 3 |
Jane Street
New York
|
-$1.83M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$798K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$385K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $24K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $20.9K | – | – | – |
|
|
DADC
28
D.A. Davidson & Co
Great Falls,
Montana
| $11K | – | – | – |
|
|
IWM
29
IHT Wealth Management
Chicago,
Illinois
| $8K | +$7.47K | +144 | New |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $7K | – | – | – |
|
|
TRCT
31
Tower Research Capital (TRC)
New York
| $5K | +$5.08K | +98 | New |
|
32
Citigroup
New York
| $4K | -$3.37K | -65 | -48% |
|
|
33
Jane Street
New York
| – | -$1.83M | -34,504 | Closed |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$385K | -7,328 | Closed |
|
|
CWM
35
Concert Wealth Management
San Jose,
California
| – | -$220K | -4,196 | Closed |
|
|
CCA
36
Clearwater Capital Advisors
Hoffman Estates,
Illinois
| – | -$206K | -3,956 | Closed |
|
FAD Hedge Fund Activity: Q4 2016 in Review
33 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2016, worth a combined $27.4M — down 15% from $32.2M a quarter earlier.
Fund positioning in FAD was balanced in Q4 2016: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 16 trimmed.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $2.66M. The largest seller was Goldman Sachs, cutting an estimated $2.59M.
- 33 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2016, down from 34 in Q3 2016.
- Funds reported $27.4M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2016, down 15% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2016 and 4 closed out, a net change of 0 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2016 was Baird Financial Group, an estimated $2.66M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2016 was Goldman Sachs, an estimated $2.59M sold.
Based on aggregated 13F filings for Q4 2016.