First Trust Multi Cap Growth AlphaDEX Fund
FAD
34 hedge funds and large institutions have $32.2M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
4% more capital invested
Capital invested by funds: $31M → $32.2M (+$1.17M)
0.24% more ownership
Funds ownership: 31.03% → 31.28% (+0.24%)
3% less funds holding
Funds holding: 35 → 34 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$1.72M |
| 2 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$697K |
| 3 |
Jane Street
New York
|
+$585K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$485K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.56M |
| 2 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
-$1.44M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$533K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$438K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$347K |
FAD Hedge Fund Activity: Q3 2016 in Review
34 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2016, worth a combined $32.2M — up 3.8% from $31M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FAD positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $1.72M. The largest seller was Royal Bank of Canada, cutting an estimated $1.56M.
- 34 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2016, down from 35 in Q2 2016.
- Funds reported $32.2M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2016, up 3.8% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2016 was LPL Financial, an estimated $1.72M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2016 was Royal Bank of Canada, an estimated $1.56M sold.
Based on aggregated 13F filings for Q3 2016.