First Trust Multi Cap Growth AlphaDEX Fund
FAD
83 hedge funds and large institutions have $228M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 26 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
27% more capital invested
Capital invested by funds: $179M → $228M (+$49M)
27% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 26
6% more funds holding
Funds holding: 78 → 83 (+5)
3.59% more ownership
Funds ownership: 62.53% → 66.13% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.4M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$6.69M |
| 3 |
SIM
Synergy Investment Management
Altamonte Springs,
Florida
|
+$4.02M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.76M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.59M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$922K |
| 3 |
Two Sigma Investments
New York
|
-$808K |
| 4 |
NS
NBC Securities
Birmingham,
Alabama
|
-$570K |
| 5 |
VF
Virtu Financial
New York
|
-$385K |
FAD Hedge Fund Activity: Q3 2025 in Review
83 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2025, worth a combined $228M — up 27% from $179M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAD positions and 4 closed out — a net gain of 5 holders — while 33 added to existing stakes and 26 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.4M. The largest seller was Raymond James Financial, cutting an estimated $2.59M.
- 83 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2025, up from 78 in Q2 2025.
- Funds reported $228M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2025, up 27% quarter-over-quarter.
- 9 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2025 and 4 closed out, a net change of +5 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2025 was Morgan Stanley, an estimated $14.4M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2025 was Raymond James Financial, an estimated $2.59M sold.
Based on aggregated 13F filings for Q3 2025.