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First Trust Multi Cap Growth AlphaDEX Fund

41 hedge funds and large institutions have $69.4M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more capital invested

Capital invested by funds: $55M → $69.4M (+$14.4M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.52% less ownership

Funds ownership: 43.92%43.39% (-0.52%)

11% less funds holding

Funds holding: 4641 (-5)

41% less repeat investments, than reductions

Existing positions increased: 10 | Existing positions reduced: 17

63% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 8

Holders
41
Holders Change
-5
Holders Change %
-10.87%
% of All Funds
0.84%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
10
Reduced
17
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LI
26
LVZ Inc
Michigan
$384K -$204K -2,876 -37%
WSTAM
27
Wilbanks Smith & Thomas Asset Management
Virginia
$288K
Stifel Financial
28
Stifel Financial
Missouri
$263K +$240K +3,378 New
WI
29
Wintrust Investments
Illinois
$258K
Carson Wealth (CWM LLC)
30
Carson Wealth (CWM LLC)
Nebraska
$245K
IAIM
31
International Assets Investment Management
Florida
$208K -$65.3K -920 -26%
CFGS
32
Concourse Financial Group Securities
Alabama
$58K
GWM
33
Geneos Wealth Management
Colorado
$47K +$3.55K +50 +9%
RFWA
34
RPg Family Wealth Advisory
Massachusetts
$46.5K -$10.3K -145 -20%
Citigroup
35
Citigroup
New York
$36K
Fidelity Investments
36
Fidelity Investments
Massachusetts
$32K -$13.9K -196 -33%
BFEC
37
Benjamin F. Edwards & Company
Missouri
$9K
CAC
38
Certified Advisory Corp
Florida
$9K
SPIA
39
Steward Partners Investment Advisory
New York
$3K
SFS
40
Sowell Financial Services
Arkansas
$1K
TI
41
tru Independence
Oregon
$10
Envestnet Asset Management
42
Envestnet Asset Management
Illinois
-$1.48M -24,390 Closed
NL
43
NWAM LLC
Washington
-$1K -16,557 Closed
Jane Street
44
Jane Street
New York
-$695K -11,486 Closed
GSWM
45
Golden State Wealth Management
California
-$627K -10,372 Closed
DADC
46
D.A. Davidson & Co
Montana
-$272K -4,493 Closed
ASN
47
Advisory Services Network
Georgia
-$64K -1,060 Closed
Fifth Third Bancorp
48
Fifth Third Bancorp
Ohio
-$24K -400 Closed
AIC
49
Ameritas Investment Company
Nebraska
-$9K -141 Closed

FAD Hedge Fund Activity: Q2 2020 in Review

41 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2020, worth a combined $69.4M — up 26% from $55M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of FAD and 3 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 10 added.

The largest buyer was Susquehanna International Group, adding an estimated $1.7M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.48M sold.

  • 41 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2020, down from 46 in Q1 2020.
  • Funds reported $69.4M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2020, up 26% quarter-over-quarter.
  • 3 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2020 and 8 closed out, a net change of -5 holders.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2020 was Susquehanna International Group, an estimated $1.7M added.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2020 was Envestnet Asset Management, an estimated $1.48M sold.

Based on aggregated 13F filings for Q2 2020.