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First Trust Multi Cap Growth AlphaDEX Fund

44 hedge funds and large institutions have $113M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 27 increasing their positions, 4 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

575% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 4

42% more capital invested

Capital invested by funds: $79.4M → $113M (+$33.5M)

6.23% more ownership

Funds ownership: 46.32%52.55% (+6.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less funds holding

Funds holding: 4544 (-1)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

Holders
44
Holders Change
-1
Holders Change %
-2.22%
% of All Funds
1.01%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
6
Increased
27
Reduced
4
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$20.2M +$8.23M +109,527 +72%
Morgan Stanley
2
Morgan Stanley
New York
$14.3M +$2.42M +32,219 +21%
WFWM
3
Wechter Feldman Wealth Management
New Jersey
$10.4M +$714K +9,503 +8%
LPL Financial
4
LPL Financial
California
$10.2M +$1.56M +20,701 +18%
Bank of America
5
Bank of America
North Carolina
$6.04M +$1.32M +17,611 +29%
CA
6
Cetera Advisors
Colorado
$5.48M +$766K +10,192 +17%
UBS Group
7
UBS Group
Switzerland
$4.46M +$517K +6,878 +13%
Wells Fargo
8
Wells Fargo
California
$4.3M +$717K +9,539 +21%
Goldman Sachs
9
Goldman Sachs
New York
$4.22M +$4.13M +54,928 New
AG
10
Advisor Group
Arizona
$3.67M +$2.98M +39,695 +496%
Commonwealth Equity Services
11
Commonwealth Equity Services
Massachusetts
$3.34M +$951K +12,655 +41%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$3.09M +$3.02M +40,168 New
IA
13
IFP Advisors
Florida
$3.08M -$1.11M -14,731 -27%
BTS
14
BB&T Securities
Virginia
$2.7M +$62.7K +834 +2%
SFS
15
Sowell Financial Services
Arkansas
$2.52M +$2.47M +32,821 New
RJA
16
Raymond James & Associates
Florida
$2.24M +$697K +9,280 +47%
RFWA
17
RPg Family Wealth Advisory
Massachusetts
$1.72M -$16.9K -225 -1%
MML Investors Services
18
MML Investors Services
Massachusetts
$1.67M +$718K +9,560 +79%
KWM
19
Kingsview Wealth Management
Oregon
$1.58M +$19.4K +258 +1%
Stifel Financial
20
Stifel Financial
Missouri
$1.31M +$169K +2,252 +15%
VWA
21
V Wealth Advisors
Kansas
$911K +$89.6K +1,193 +11%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$819K +$346K +4,599 +76%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$727K +$67.9K +904 +11%
WI
24
Wintrust Investments
Illinois
$656K -$40.6K -540 -6%
CWM
25
Cornerstone Wealth Management
Missouri
$589K -$419K -5,579 -13%

FAD Hedge Fund Activity: Q3 2018 in Review

44 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2018, worth a combined $113M — up 42% from $79.4M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FAD and 6 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 27 added.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $8.23M. The largest seller was Jane Street, exiting entirely with an estimated $3.06M sold.

  • 44 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2018, down from 45 in Q2 2018.
  • Funds reported $113M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2018, up 42% quarter-over-quarter.
  • 6 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2018 and 7 closed out, a net change of -1 holder.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2018 was Raymond James Financial Services Advisors, an estimated $8.23M added.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2018 was Jane Street, an estimated $3.06M sold.

Based on aggregated 13F filings for Q3 2018.