First Trust Multi Cap Growth AlphaDEX Fund
FAD
18 hedge funds and large institutions have $18.7M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
25% more capital invested
Capital invested by funds: $14.9M → $18.7M (+$3.73M)
20% more funds holding
Funds holding: 15 → 18 (+3)
2.36% less ownership
Funds ownership: 38.37% → 36.01% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$2.63M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$962K |
| 3 |
JP Morgan Chase
New York
|
+$472K |
| 4 |
LPL Financial
San Diego,
California
|
+$434K |
| 5 |
SFG
SNS Financial Group
Minneapolis,
Minnesota
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.63M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$144K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$94.4K |
| 4 |
AIG
American International Group
New York
|
-$3.73K |
| 5 |
DFIM
Detwiler Fenton Investment Management
Boston,
Massachusetts
|
-$943 |
FAD Hedge Fund Activity: Q4 2013 in Review
18 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2013, worth a combined $18.7M — up 25% from $14.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAD positions and 1 closed out — a net gain of 3 holders — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $2.63M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.63M sold.
- 18 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2013, up from 15 in Q3 2013.
- Funds reported $18.7M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2013, up 25% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2013 and 1 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2013 was Goldman Sachs, an estimated $2.63M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2013 was Susquehanna International Group, an estimated $2.63M sold.
Based on aggregated 13F filings for Q4 2013.