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First Trust Multi Cap Growth AlphaDEX Fund

48 hedge funds and large institutions have $93.5M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

16% more capital invested

Capital invested by funds: $80.8M → $93.5M (+$12.7M)

12% more funds holding

Funds holding: 4348 (+5)

0.68% less ownership

Funds ownership: 46.8%46.12% (-0.68%)

20% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 15

Holders
48
Holders Change
+5
Holders Change %
+11.63%
% of All Funds
0.85%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
8
Increased
12
Reduced
15
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Janney Montgomery Scott
26
Janney Montgomery Scott
Pennsylvania
$631K +$121K +1,270 +26%
VFA
27
Voya Financial Advisors
Connecticut
$599K -$285 -3 -0.1%
VWA
28
V Wealth Advisors
Kansas
$595K +$544K +5,732 New
WP
29
WealthPLAN Partners
Nebraska
$529K +$446K +4,695 New
Stifel Financial
30
Stifel Financial
Missouri
$387K +$43.3K +456 +14%
WSTAM
31
Wilbanks Smith & Thomas Asset Management
Virginia
$384K
Envestnet Asset Management
32
Envestnet Asset Management
Illinois
$278K +$6.93K +73 +3%
IAIM
33
International Assets Investment Management
Florida
$277K
LI
34
LVZ Inc
Michigan
$272K -$219K -2,304 -47%
1SB
35
1ST Source Bank
Indiana
$261K
Carson Wealth (CWM LLC)
36
Carson Wealth (CWM LLC)
Nebraska
$245K
Baird Financial Group
37
Baird Financial Group
Wisconsin
$219K +$200K +2,106 New
Susquehanna International Group
38
Susquehanna International Group
Pennsylvania
$209K -$4.53M -47,734 -96%
WAS
39
Wealth Advisory Solutions
Indiana
$204K
GWM
40
Geneos Wealth Management
Colorado
$71K
RFWA
41
RPg Family Wealth Advisory
Massachusetts
$61.8K
Citigroup
42
Citigroup
New York
$48K
CFGS
43
Concourse Financial Group Securities
Alabama
$43K -$36K -379 -48%
Fidelity Investments
44
Fidelity Investments
Massachusetts
$31K -$10.1K -106 -26%
BFEC
45
Benjamin F. Edwards & Company
Missouri
$12K
SPIA
46
Steward Partners Investment Advisory
New York
$4K
SFS
47
Sowell Financial Services
Arkansas
$1K
TI
48
tru Independence
Oregon
$9 +$7.78K +82 New
Citadel Advisors
49
Citadel Advisors
Florida
-$1.85M -21,382 Closed
WI
50
Wintrust Investments
Illinois
-$240K -2,786 Closed

FAD Hedge Fund Activity: Q4 2020 in Review

48 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2020, worth a combined $93.5M — up 16% from $80.8M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FAD positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 15 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $2.61M. The largest seller was Susquehanna International Group, cutting an estimated $4.53M.

  • 48 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2020, up from 43 in Q3 2020.
  • Funds reported $93.5M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2020, up 16% quarter-over-quarter.
  • 8 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2020 and 2 closed out, a net change of +6 holders.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2020 was Commonwealth Equity Services, an estimated $2.61M added.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2020 was Susquehanna International Group, an estimated $4.53M sold.

Based on aggregated 13F filings for Q4 2020.