First Trust Multi Cap Growth AlphaDEX Fund
FAD
58 hedge funds and large institutions have $88.6M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 26 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
12% more funds holding
Funds holding: 52 → 58 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.62% less ownership
Funds ownership: 54.24% → 53.62% (-0.62%)
9% less capital invested
Capital invested by funds: $97.3M → $88.6M (-$8.72M)
54% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WMP
Wealth Management Partners
Tucson,
Arizona
|
+$2.31M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.15M |
| 3 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
+$1.11M |
| 4 |
VF
Virtu Financial
New York
|
+$586K |
| 5 |
LPL Financial
San Diego,
California
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$5.24M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.81M |
| 3 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$1M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$511K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$384K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
51
Spire Wealth Management
Mclean,
Virginia
| $43.1K | – | – | – |
|
52
JP Morgan Chase
New York
| $17.5K | +$18.1K | +173 | +17,300% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $17.2K | -$8.79K | -84 | -33% |
|
|
AWM
54
Avior Wealth Management
Omaha,
Nebraska
| $5.91K | -$4.71K | -45 | -44% |
|
|
NA
55
NewEdge Advisors
New Orleans,
Louisiana
| $3.4K | – | – | – |
|
|
SPIA
56
Steward Partners Investment Advisory
New York
| $2K | -$105 | -1 | -5% |
|
|
GRP
57
Global Retirement Partners
San Rafael,
California
| $588 | – | – | – |
|
|
TRCT
58
Tower Research Capital (TRC)
New York
| $100 | – | – | – |
|
|
VWA
59
V Wealth Advisors
Overland Park,
Kansas
| – | -$1M | -9,507 | Closed |
|
|
IGWM
60
ICA Group Wealth Management
Denver,
Colorado
| – | -$15.8K | -150 | Closed |
|
FAD Hedge Fund Activity: Q3 2023 in Review
58 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2023, worth a combined $88.6M — down 9% from $97.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAD positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 26 trimmed.
The largest buyer was Wealth Management Partners, opening a new position worth an estimated $2.31M. The largest seller was Goldman Sachs, cutting an estimated $5.24M.
- 58 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2023, up from 52 in Q2 2023.
- Funds reported $88.6M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2023, down 9% quarter-over-quarter.
- 8 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2023 and 2 closed out, a net change of +6 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2023 was Wealth Management Partners, an estimated $2.31M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2023 was Goldman Sachs, an estimated $5.24M sold.
Based on aggregated 13F filings for Q3 2023.