First Trust Multi Cap Growth AlphaDEX Fund
FAD
52 hedge funds and large institutions have $132M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2021 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 25 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
11% more capital invested
Capital invested by funds: $118M → $132M (+$13.5M)
6% more funds holding
Funds holding: 49 → 52 (+3)
1.46% more ownership
Funds ownership: 48.62% → 50.09% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
52% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$7.76M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.52M |
| 3 |
Goldman Sachs
New York
|
+$2.49M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.4M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.01M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.62M |
| 2 |
Morgan Stanley
New York
|
-$2.41M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.27M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$938K |
| 5 |
Jane Street
New York
|
-$608K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
51
Harbour Investments
Madison,
Wisconsin
| $22K | -$445K | -3,579 | -95% |
|
|
SPIA
52
Steward Partners Investment Advisory
New York
| $4K | – | – | – |
|
|
53
Jane Street
New York
| – | -$608K | -5,141 | Closed |
|
|
RFWA
54
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$70.5K | -596 | Closed |
|
|
IWA
55
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$5K | -40 | Closed |
|
FAD Hedge Fund Activity: Q4 2021 in Review
52 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2021, worth a combined $132M — up 11% from $118M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FAD positions and 3 closed out — a net gain of 3 holders — while 12 added to existing stakes and 25 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $7.76M. The largest seller was Wells Fargo, cutting an estimated $2.62M.
- 52 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2021, up from 49 in Q3 2021.
- Funds reported $132M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2021, up 11% quarter-over-quarter.
- 6 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2021 and 3 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2021 was Kestra Advisory Services, an estimated $7.76M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2021 was Wells Fargo, an estimated $2.62M sold.
Based on aggregated 13F filings for Q4 2021.