First Trust Multi Cap Growth AlphaDEX Fund
FAD
99 hedge funds and large institutions have $261M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 21 reducing their positions, and 8 closing their positions.
100% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 8
71% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 21
5% more funds holding
Funds holding: 94 → 99 (+5)
4% more capital invested
Capital invested by funds: $251M → $261M (+$10.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.87% less ownership
Funds ownership: 67.92% → 67.05% (-0.87%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$12.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.31M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.73M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$3.71M |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$10.9M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$7.46M |
| 3 |
KWS
Keystone Wealth Services
Palm Desert,
California
|
-$6.55M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.31M |
| 5 |
VF
Virtu Financial
New York
|
-$959K |
FAD Hedge Fund Activity: Q1 2026 in Review
99 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2026, worth a combined $261M — up 4.1% from $251M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FAD positions and 8 closed out — a net gain of 8 holders — while 36 added to existing stakes and 21 trimmed.
The largest buyer was LPL Financial, adding an estimated $12.1M. The largest seller was Morgan Stanley, cutting an estimated $10.9M.
- 99 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2026, up from 94 in Q4 2025.
- Funds reported $261M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2026, up 4.1% quarter-over-quarter.
- 16 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2026 and 8 closed out, a net change of +8 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2026 was LPL Financial, an estimated $12.1M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2026 was Morgan Stanley, an estimated $10.9M sold.
Based on aggregated 13F filings for Q1 2026.