First Trust Multi Cap Growth AlphaDEX Fund
FAD
56 hedge funds and large institutions have $114M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 21 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
8% more funds holding
Funds holding: 52 → 56 (+4)
2.19% more ownership
Funds ownership: 50.09% → 52.27% (+2.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less capital invested
Capital invested by funds: $132M → $114M (-$17.8M)
29% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.14M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.15M |
| 3 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$1.34M |
| 4 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$840K |
| 5 |
Jane Street
New York
|
+$667K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.24M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.14M |
| 3 |
Morgan Stanley
New York
|
-$2.48M |
| 4 |
LPL Financial
San Diego,
California
|
-$2.13M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SCA
51
Stonebridge Capital Advisors
St Paul,
Minnesota
| $10K | +$9.54K | +86 | New |
|
|
WA
52
Win Advisors
Palm Beach Gardens,
Florida
| $8K | +$7.76K | +70 | New |
|
|
APA
53
American Portfolios Advisors
Holbrook,
New York
| $5.61K | +$5.55K | +50 | New |
|
|
RFWA
54
RPg Family Wealth Advisory
Burlington,
Massachusetts
| $5.16K | +$5.1K | +46 | New |
|
|
SPIA
55
Steward Partners Investment Advisory
New York
| $4K | -$222 | -2 | -6% |
|
|
KA
56
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$231K | -1,841 | Closed |
|
|
CFGS
57
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$43.6K | -393 | Closed |
|
|
BFEC
58
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$33K | -266 | Closed |
|
|
CWS
59
Confluence Wealth Services
Mcmurray,
Pennsylvania
| – | -$29K | -238 | Closed |
|
60
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$29K | -227 | Closed |
|
|
TCWM
61
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$27K | -215 | Closed |
|
|
GRP
62
Global Retirement Partners
San Rafael,
California
| – | +$333 | +3 | New |
|
FAD Hedge Fund Activity: Q1 2022 in Review
56 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2022, worth a combined $114M — down 13% from $132M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FAD positions and 6 closed out — a net gain of 5 holders — while 15 added to existing stakes and 21 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $5.14M. The largest seller was Susquehanna International Group, cutting an estimated $3.24M.
- 56 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2022, up from 52 in Q4 2021.
- Funds reported $114M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2022, down 13% quarter-over-quarter.
- 11 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2022 and 6 closed out, a net change of +5 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2022 was Citadel Advisors, an estimated $5.14M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2022 was Susquehanna International Group, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2022.