First Trust Multi Cap Growth AlphaDEX Fund
FAD
49 hedge funds and large institutions have $118M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
19% more capital invested
Capital invested by funds: $99.2M → $118M (+$19M)
3.79% more ownership
Funds ownership: 44.83% → 48.62% (+3.8%)
0% more funds holding
Funds holding: 49 → 49 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$7.58M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.73M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.69M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.18M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.87M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$996K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$958K |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$326K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$201K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Ameriprise
Minneapolis,
Minnesota
| – | -$201K | -1,684 | Closed |
|
52
Citigroup
New York
| – | -$36K | -302 | Closed |
|
FAD Hedge Fund Activity: Q3 2021 in Review
49 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2021, worth a combined $118M — up 19% from $99.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAD positions and 3 closed out — a net gain of 1 holder — while 15 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $7.58M. The largest seller was Susquehanna International Group, cutting an estimated $2.87M.
- 49 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $118M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2021, up 19% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2021 and 3 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2021 was Morgan Stanley, an estimated $7.58M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2021 was Susquehanna International Group, an estimated $2.87M sold.
Based on aggregated 13F filings for Q3 2021.