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First Trust Multi Cap Growth AlphaDEX Fund

52 hedge funds and large institutions have $97.3M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 15 increasing their positions, 23 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

20% more capital invested

Capital invested by funds: $80.8M → $97.3M (+$16.6M)

1.45% more ownership

Funds ownership: 52.79%54.24% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 5352 (-1)

33% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 3

35% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 23

Holders
52
Holders Change
-1
Holders Change %
-1.89%
% of All Funds
0.82%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
15
Reduced
23
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KAS
26
Kestra Advisory Services
Texas
$644K +$326K +3,298 +118%
AR
27
Apeiron RIA
Texas
$640K -$18.9K -191 -3%
GWM
28
Geneos Wealth Management
Colorado
$620K +$18.2K +184 +3%
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$606K -$14.2K -144 -2%
Stifel Financial
30
Stifel Financial
Missouri
$574K -$11.6K -117 -2%
PFS
31
Prospera Financial Services
Texas
$439K -$9.29K -94 -2%
NL
32
NWAM LLC
Washington
$432K
CAN
33
Cetera Advisor Networks
California
$423K -$37.3K -377 -9%
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$366K -$233K -2,359 -40%
LRPA
35
L. Roy Papp & Associates
Arizona
$274K -$53.3K -539 -17%
BW
36
Bison Wealth
Georgia
$265K +$248K +2,511 New
GWP
37
Gateway Wealth Partners
Wisconsin
$247K
1SB
38
1ST Source Bank
Indiana
$237K
CA
39
Cetera Advisors
Colorado
$232K +$4.94K +50 +2%
IAIM
40
International Assets Investment Management
Florida
$231K -$22.1K -224 -9%
Carson Wealth (CWM LLC)
41
Carson Wealth (CWM LLC)
Nebraska
$213K +$198 +2 +0.1%
WSTAM
42
Wilbanks Smith & Thomas Asset Management
Virginia
$212K +$199K +2,008 New
Northwestern Mutual Wealth Management
43
Northwestern Mutual Wealth Management
Wisconsin
$157K +$13.1K +133 +10%
SWM
44
Spire Wealth Management
Virginia
$45.4K
Fidelity Investments
45
Fidelity Investments
Massachusetts
$27K -$692 -7 -3%
IGWM
46
ICA Group Wealth Management
Colorado
$15.8K
AWM
47
Avior Wealth Management
Nebraska
$11K
NA
48
NewEdge Advisors
Louisiana
$3.59K
SPIA
49
Steward Partners Investment Advisory
New York
$2.22K
GRP
50
Global Retirement Partners
California
$633

FAD Hedge Fund Activity: Q2 2023 in Review

52 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2023, worth a combined $97.3M — up 20% from $80.8M a quarter earlier.

Sellers outnumbered buyers: 3 funds closed out of FAD and 2 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 15 added.

The largest buyer was Susquehanna International Group, adding an estimated $1.17M. The largest seller was Royal Bank of Canada, cutting an estimated $391K.

  • 52 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2023, down from 53 in Q1 2023.
  • Funds reported $97.3M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2023, up 20% quarter-over-quarter.
  • 2 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2023 and 3 closed out, a net change of -1 holder.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2023 was Susquehanna International Group, an estimated $1.17M added.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2023 was Royal Bank of Canada, an estimated $391K sold.

Based on aggregated 13F filings for Q2 2023.