First Trust Multi Cap Growth AlphaDEX Fund
FAD
57 hedge funds and large institutions have $85.1M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 2 closing their positions.
650% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 2
27% more funds holding
Funds holding: 45 → 57 (+12)
14% more capital invested
Capital invested by funds: $74.6M → $85.1M (+$10.5M)
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
6.1% more ownership
Funds ownership: 47.65% → 53.75% (+6.1%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F
F3Logic
Burnsville,
Minnesota
|
+$3.45M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.3M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.71M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.39M |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$763K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$3.94M |
| 2 |
Goldman Sachs
New York
|
-$3.67M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$937K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$823K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
51
Harbour Investments
Madison,
Wisconsin
| $11.9K | +$2.51K | +26 | +26% |
|
|
AWM
52
Avior Wealth Management
Omaha,
Nebraska
| $9.82K | – | – | – |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $3.03K | – | – | – |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| $1.35K | -$244K | -2,530 | -15% |
|
55
JP Morgan Chase
New York
| $1K | +$1.26K | +13 | New |
|
|
GRP
56
Global Retirement Partners
San Rafael,
California
| $569 | – | – | – |
|
|
57
Citadel Advisors
Miami,
Florida
| – | -$937K | -10,460 | Closed |
|
|
FAM
58
Flaharty Asset Management
Clearwater,
Florida
| – | -$256K | -2,852 | Closed |
|
|
TRCT
59
Tower Research Capital (TRC)
New York
| – | +$97 | +1 | New |
|
FAD Hedge Fund Activity: Q4 2022 in Review
57 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2022, worth a combined $85.1M — up 14% from $74.6M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FAD positions and 2 closed out — a net gain of 13 holders — while 18 added to existing stakes and 16 trimmed.
The largest buyer was F3Logic, opening a new position worth an estimated $3.45M. The largest seller was LPL Financial, cutting an estimated $3.94M.
- 57 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2022, up from 45 in Q3 2022.
- Funds reported $85.1M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2022, up 14% quarter-over-quarter.
- 15 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2022 and 2 closed out, a net change of +13 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2022 was F3Logic, an estimated $3.45M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2022 was LPL Financial, an estimated $3.94M sold.
Based on aggregated 13F filings for Q4 2022.