First Trust Multi Cap Growth AlphaDEX Fund
FAD
42 hedge funds and large institutions have $38.8M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
17% more funds holding
Funds holding: 36 → 42 (+6)
1% less capital invested
Capital invested by funds: $39.3M → $38.8M (-$576K)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
6.15% less ownership
Funds ownership: 45.24% → 39.09% (-6.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$985K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$941K |
| 3 |
Jane Street
New York
|
+$412K |
| 4 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
+$353K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.79M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.77M |
| 3 |
LPL Financial
San Diego,
California
|
-$752K |
| 4 |
Morgan Stanley
New York
|
-$205K |
| 5 |
SG Americas Securities
New York
|
-$107K |
FAD Hedge Fund Activity: Q2 2017 in Review
42 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2017, worth a combined $38.8M — down 1.5% from $39.3M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FAD positions and 1 closed out — a net gain of 6 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was BB&T Securities, adding an estimated $985K. The largest seller was Mariner Independent Advisor Network, exiting entirely with an estimated $2.79M sold.
- 42 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2017, up from 36 in Q1 2017.
- Funds reported $38.8M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2017, down 1.5% quarter-over-quarter.
- 7 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2017 and 1 closed out, a net change of +6 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2017 was BB&T Securities, an estimated $985K added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2017 was Mariner Independent Advisor Network, an estimated $2.79M sold.
Based on aggregated 13F filings for Q2 2017.