First Trust Multi Cap Growth AlphaDEX Fund
FAD
51 hedge funds and large institutions have $94.3M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
6% more funds holding
Funds holding: 48 → 51 (+3)
1% more capital invested
Capital invested by funds: $93.5M → $94.3M (+$817K)
0.36% less ownership
Funds ownership: 46.12% → 45.76% (-0.36%)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$3.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.51M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.03M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$983K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$442K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.03M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.3M |
| 3 |
IA
Insight Advisors
Newtown,
Pennsylvania
|
-$1.66M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.44M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$826K |
FAD Hedge Fund Activity: Q1 2021 in Review
51 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2021, worth a combined $94.3M — up 0.87% from $93.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAD positions and 5 closed out — a net gain of 4 holders — while 15 added to existing stakes and 19 trimmed.
The largest buyer was LPL Financial, adding an estimated $3.05M. The largest seller was Morgan Stanley, cutting an estimated $5.03M.
- 51 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2021, up from 48 in Q4 2020.
- Funds reported $94.3M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2021, up 0.87% quarter-over-quarter.
- 9 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2021 and 5 closed out, a net change of +4 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2021 was LPL Financial, an estimated $3.05M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2021 was Morgan Stanley, an estimated $5.03M sold.
Based on aggregated 13F filings for Q1 2021.