First Trust Multi Cap Growth AlphaDEX Fund
FAD
45 hedge funds and large institutions have $79.4M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
72% more capital invested
Capital invested by funds: $46.3M → $79.4M (+$33.2M)
22% more funds holding
Funds holding: 37 → 45 (+8)
10.39% more ownership
Funds ownership: 35.93% → 46.32% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WFWM
Wechter Feldman Wealth Management
Parsippany,
New Jersey
|
+$8.83M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.71M |
| 3 |
Morgan Stanley
New York
|
+$4.22M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$4.08M |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$921K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$826K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$339K |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
-$241K |
FAD Hedge Fund Activity: Q2 2018 in Review
45 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2018, worth a combined $79.4M — up 72% from $46.3M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FAD positions and 5 closed out — a net gain of 8 holders — while 16 added to existing stakes and 7 trimmed.
The largest buyer was Wechter Feldman Wealth Management, opening a new position worth an estimated $8.83M. The largest seller was Advisor Group, cutting an estimated $1.19M.
- 45 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2018, up from 37 in Q1 2018.
- Funds reported $79.4M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2018, up 72% quarter-over-quarter.
- 13 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2018 and 5 closed out, a net change of +8 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2018 was Wechter Feldman Wealth Management, an estimated $8.83M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2018 was Advisor Group, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2018.