First Trust Multi Cap Growth AlphaDEX Fund
FAD
50 hedge funds and large institutions have $85.5M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
13% more capital invested
Capital invested by funds: $75.5M → $85.5M (+$10M)
9% more funds holding
Funds holding: 46 → 50 (+4)
4.11% more ownership
Funds ownership: 41.99% → 46.11% (+4.1%)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$2.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.42M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.72M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$854K |
| 5 |
Jane Street
New York
|
+$205K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.12M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.59M |
| 3 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$979K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$941K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$913K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSWM
51
Golden State Wealth Management
Santa Ana,
California
| – | -$979K | -13,357 | Closed |
|
|
CA
52
Cetera Advisors
Denver,
Colorado
| – | -$271K | -3,694 | Closed |
|
|
CFA
53
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$25K | -353 | Closed |
|
|
AIC
54
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$10K | -141 | Closed |
|
55
US Bancorp
Minneapolis,
Minnesota
| – | -$7K | -100 | Closed |
|
FAD Hedge Fund Activity: Q4 2019 in Review
50 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2019, worth a combined $85.5M — up 13% from $75.5M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FAD positions and 5 closed out — a net gain of 5 holders — while 12 added to existing stakes and 16 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $2.89M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $3.12M.
- 50 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2019, up from 46 in Q3 2019.
- Funds reported $85.5M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2019, up 13% quarter-over-quarter.
- 10 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2019 and 5 closed out, a net change of +5 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2019 was Truist Financial, an estimated $2.89M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2019 was Raymond James Financial Services Advisors, an estimated $3.12M sold.
Based on aggregated 13F filings for Q4 2019.