First Trust Multi Cap Growth AlphaDEX Fund
FAD
53 hedge funds and large institutions have $80.8M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.96% less ownership
Funds ownership: 53.75% → 52.79% (-0.96%)
5% less capital invested
Capital invested by funds: $85.1M → $80.8M (-$4.33M)
7% less funds holding
Funds holding: 57 → 53 (-4)
50% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFA
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$4.53M |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$2.52M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$2.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.1M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$992K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.03M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$749K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$682K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$609K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$584K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SPIA
51
Steward Partners Investment Advisory
New York
| $2.06K | -$1.08K | -11 | -34% |
|
|
GRP
52
Global Retirement Partners
San Rafael,
California
| $576 | – | – | – |
|
|
MCC
53
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$749K | -7,897 | Closed |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$503K | -5,301 | Closed |
|
55
Rockefeller Capital Management
New York
| – | -$468K | -4,937 | Closed |
|
|
LS
56
Leelyn Smith
Geneva,
Illinois
| – | -$18.5K | -195 | Closed |
|
FAD Hedge Fund Activity: Q1 2023 in Review
53 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2023, worth a combined $80.8M — down 5.1% from $85.1M a quarter earlier.
Fund positioning in FAD was balanced in Q1 2023: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 24 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, opening a new position worth an estimated $4.53M. The largest seller was Raymond James & Associates, cutting an estimated $2.03M.
- 53 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $80.8M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2023, down 5.1% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2023 and 4 closed out, a net change of 0 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2023 was Gallagher Fiduciary Advisors, an estimated $4.53M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2023 was Raymond James & Associates, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2023.