First Trust Multi Cap Growth AlphaDEX Fund
FAD
37 hedge funds and large institutions have $46.3M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 7 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 10
19% more capital invested
Capital invested by funds: $38.8M → $46.3M (+$7.52M)
1.49% more ownership
Funds ownership: 39.09% → 40.58% (+1.5%)
12% less funds holding
Funds holding: 42 → 37 (-5)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$4.11M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$833K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$456K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$434K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$273K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$551K |
| 2 |
Jane Street
New York
|
-$420K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$342K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$213K |
| 5 |
Morgan Stanley
New York
|
-$142K |
FAD Hedge Fund Activity: Q3 2017 in Review
37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2017, worth a combined $46.3M — up 19% from $38.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAD and 4 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 15 added.
The largest buyer was Advisor Group, adding an estimated $4.11M. The largest seller was SG Americas Securities, exiting entirely with an estimated $551K sold.
- 37 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2017, down from 42 in Q2 2017.
- Funds reported $46.3M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2017, up 19% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2017 and 7 closed out, a net change of -3 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2017 was Advisor Group, an estimated $4.11M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2017 was SG Americas Securities, an estimated $551K sold.
Based on aggregated 13F filings for Q3 2017.