First Trust Multi Cap Growth AlphaDEX Fund
FAD
59 hedge funds and large institutions have $110M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 18 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
8% more capital invested
Capital invested by funds: $101M → $110M (+$8.42M)
4% more funds holding
Funds holding: 57 → 59 (+2)
1.56% more ownership
Funds ownership: 52.42% → 53.98% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.33M |
| 2 |
Morgan Stanley
New York
|
+$3.25M |
| 3 |
FTS
Fifth Third Securities
Cincinnati,
Ohio
|
+$1.27M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$792K |
| 5 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$492K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$443K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$323K |
| 4 |
1SB
1ST Source Bank
South Bend,
Indiana
|
-$200K |
| 5 |
6F
626 Financial
Portage,
Michigan
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
51
Harbour Investments
Madison,
Wisconsin
| $31.4K | -$3.15K | -26 | -9% |
|
|
CA
52
CoreCap Advisors
Southfield,
Michigan
| $30.8K | – | – | – |
|
53
Fidelity Investments
Boston,
Massachusetts
| $21.2K | – | – | – |
|
|
SIS
54
Sound Income Strategies
Ft Lauderdale,
Florida
| $11.1K | – | – | – |
|
|
PS
55
Principal Securities
Des Moines,
Iowa
| $9.23K | – | – | – |
|
|
AWM
56
Avior Wealth Management
Omaha,
Nebraska
| $7.28K | – | – | – |
|
57
Citigroup
New York
| $6.16K | +$6.06K | +50 | New |
|
|
NA
58
NewEdge Advisors
New Orleans,
Louisiana
| $4.19K | – | – | – |
|
|
SPIA
59
Steward Partners Investment Advisory
New York
| $2.09K | -$242 | -2 | -11% |
|
|
NL
60
NWAM LLC
Mercer Island,
Washington
| – | -$492K | -4,049 | Closed |
|
|
1SB
61
1ST Source Bank
South Bend,
Indiana
| – | -$200K | -1,606 | Closed |
|
|
IGWM
62
ICA Group Wealth Management
Denver,
Colorado
| – | -$18.7K | -150 | Closed |
|
FAD Hedge Fund Activity: Q2 2024 in Review
59 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2024, worth a combined $110M — up 8.3% from $101M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAD positions and 3 closed out — a net gain of 5 holders — while 20 added to existing stakes and 18 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $3.33M. The largest seller was NWAM LLC, exiting entirely with an estimated $492K sold.
- 59 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2024, up from 57 in Q1 2024.
- Funds reported $110M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2024, up 8.3% quarter-over-quarter.
- 8 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2024 and 3 closed out, a net change of +5 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2024 was Raymond James Financial Services Advisors, an estimated $3.33M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2024 was NWAM LLC, an estimated $492K sold.
Based on aggregated 13F filings for Q2 2024.