First Trust Multi Cap Growth AlphaDEX Fund
FAD
37 hedge funds and large institutions have $46.3M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 5 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
8% less funds holding
Funds holding: 40 → 37 (-3)
9.17% less ownership
Funds ownership: 45.1% → 35.93% (-9.2%)
13% less capital invested
Capital invested by funds: $53.4M → $46.3M (-$7.19M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$406K |
| 2 |
Jane Street
New York
|
+$392K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$378K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$362K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$356K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.63M |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
-$3.52M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.71M |
| 4 |
Morgan Stanley
New York
|
-$716K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$548K |
FAD Hedge Fund Activity: Q1 2018 in Review
37 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2018, worth a combined $46.3M — down 13% from $53.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FAD and 3 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 13 added.
The largest buyer was LPL Financial, adding an estimated $406K. The largest seller was Baird Financial Group, exiting entirely with an estimated $3.63M sold.
- 37 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2018, down from 40 in Q4 2017.
- Funds reported $46.3M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2018, down 13% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2018 and 5 closed out, a net change of -2 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2018 was LPL Financial, an estimated $406K added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2018 was Baird Financial Group, an estimated $3.63M sold.
Based on aggregated 13F filings for Q1 2018.