First Trust Multi Cap Growth AlphaDEX Fund
FAD
30 hedge funds and large institutions have $48.2M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 5 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
51% more capital invested
Capital invested by funds: $31.9M → $48.2M (+$16.3M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
7.96% more ownership
Funds ownership: 37.24% → 45.21% (+8%)
7% more funds holding
Funds holding: 28 → 30 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$7.51M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.83M |
| 3 |
Morgan Stanley
New York
|
+$1.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$398K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.57M |
| 2 |
Jane Street
New York
|
-$760K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$405K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$336K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$52.1K |
FAD Hedge Fund Activity: Q4 2015 in Review
30 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2015, worth a combined $48.2M — up 51% from $31.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAD positions and 5 closed out — a net gain of 2 holders — while 10 added to existing stakes and 4 trimmed.
The largest buyer was First Allied Advisory Services, opening a new position worth an estimated $7.51M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.57M sold.
- 30 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2015, up from 28 in Q3 2015.
- Funds reported $48.2M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2015, up 51% quarter-over-quarter.
- 7 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2015 and 5 closed out, a net change of +2 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2015 was First Allied Advisory Services, an estimated $7.51M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2015 was Susquehanna International Group, an estimated $1.57M sold.
Based on aggregated 13F filings for Q4 2015.