First Trust Multi Cap Growth AlphaDEX Fund
FAD
40 hedge funds and large institutions have $53.4M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 4 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
15% more capital invested
Capital invested by funds: $46.3M → $53.4M (+$7.15M)
8% more funds holding
Funds holding: 37 → 40 (+3)
4.52% more ownership
Funds ownership: 40.58% → 45.1% (+4.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$2.26M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.12M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.06M |
| 4 |
Morgan Stanley
New York
|
+$564K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.52M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$584K |
| 3 |
Goldman Sachs
New York
|
-$297K |
| 4 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
-$246K |
| 5 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$220K |
FAD Hedge Fund Activity: Q4 2017 in Review
40 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2017, worth a combined $53.4M — up 15% from $46.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAD positions and 4 closed out — a net gain of 3 holders — while 16 added to existing stakes and 7 trimmed.
The largest buyer was LPL Financial, adding an estimated $2.26M. The largest seller was Wells Fargo, cutting an estimated $1.52M.
- 40 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2017, up from 37 in Q3 2017.
- Funds reported $53.4M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2017, up 15% quarter-over-quarter.
- 7 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2017 and 4 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2017 was LPL Financial, an estimated $2.26M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2017 was Wells Fargo, an estimated $1.52M sold.
Based on aggregated 13F filings for Q4 2017.