First Trust Multi Cap Growth AlphaDEX Fund
FAD
33 hedge funds and large institutions have $27.4M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 4 closing their positions.
2.45% more ownership
Funds ownership: 31.28% → 33.72% (+2.4%)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
3% less funds holding
Funds holding: 34 → 33 (-1)
48% less capital inflows, than outflows
Capital inflows: $4.94M | Capital outflows: $9.5M
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$2.66M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$665K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$526K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$370K |
| 5 |
Morgan Stanley
New York
|
+$357K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$2.59M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.03M |
| 3 |
Jane Street
New York
|
-$1.83M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$798K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$385K |
FAD Hedge Fund Activity: Q4 2016 in Review
33 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2016, worth a combined $27.4M — down 15% from $32.2M a quarter earlier.
Fund positioning in FAD was balanced in Q4 2016: 4 funds opened new positions, 4 closed out, 6 added to existing stakes and 16 trimmed.
The largest buyer was Baird Financial Group, opening a new position worth an estimated $2.66M. The largest seller was Goldman Sachs, cutting an estimated $2.59M.
- 33 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2016, down from 34 in Q3 2016.
- Funds reported $27.4M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2016, down 15% quarter-over-quarter.
- 4 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2016 and 4 closed out, a net change of 0 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2016 was Baird Financial Group, an estimated $2.66M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2016 was Goldman Sachs, an estimated $2.59M sold.
Based on aggregated 13F filings for Q4 2016.