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First Trust Multi Cap Growth AlphaDEX Fund

43 hedge funds and large institutions have $80.1M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

58% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 12

2.2% less ownership

Funds ownership: 52.55%50.35% (-2.2%)

2% less funds holding

Funds holding: 4443 (-1)

17% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 6

29% less capital invested

Capital invested by funds: $113M → $80.1M (-$32.8M)

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
43
Holders Change
-1
Holders Change %
-2.27%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
19
Reduced
12
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJFSA
1
Raymond James Financial Services Advisors
Florida
$11.8M -$4.65M -69,320 -26%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$9.12M +$7.39M +110,085 +274%
LPL Financial
3
LPL Financial
California
$9.12M +$1.07M +15,904 +12%
Morgan Stanley
4
Morgan Stanley
New York
$6.84M -$4.95M -73,707 -40%
Goldman Sachs
5
Goldman Sachs
New York
$6.45M +$3.37M +50,211 +91%
UBS Group
6
UBS Group
Switzerland
$4.56M +$1.1M +16,459 +28%
Wells Fargo
7
Wells Fargo
California
$3.55M +$132K +1,960 +4%
Commonwealth Equity Services
8
Commonwealth Equity Services
Massachusetts
$2.71M +$61.8K +921 +2%
Citadel Advisors
9
Citadel Advisors
Florida
$2.48M +$2.75M +40,936 New
BTS
10
BB&T Securities
Virginia
$2.47M +$343K +5,116 +15%
IA
11
IFP Advisors
Florida
$2.29M -$155K -2,304 -6%
SFS
12
Sowell Financial Services
Arkansas
$2M -$10.5K -156 -0.5%
Bank of America
13
Bank of America
North Carolina
$1.97M -$3.12M -46,448 -59%
KWM
14
Kingsview Wealth Management
Oregon
$1.91M +$711K +10,595 +52%
RJA
15
Raymond James & Associates
Florida
$1.48M -$334K -4,971 -17%
RFWA
16
RPg Family Wealth Advisory
Massachusetts
$1.4M +$27.5K +409 +2%
MML Investors Services
17
MML Investors Services
Massachusetts
$1.32M -$3.15K -47 -0.2%
GIA
18
Gladstone Institutional Advisory
Florida
$1.04M +$1.14M +16,959 New
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$1M +$467K +6,951 +74%
Stifel Financial
20
Stifel Financial
Missouri
$920K -$138K -2,059 -12%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$683K +$33.6K +500 +5%
VWA
22
V Wealth Advisors
Kansas
$669K -$89K -1,326 -11%
WI
23
Wintrust Investments
Illinois
$658K +$148K +2,202 +26%
NL
24
NWAM LLC
Washington
$597K +$653K +9,733 New
PAG
25
Private Advisor Group
New Jersey
$540K +$168K +2,505 +40%

FAD Hedge Fund Activity: Q4 2018 in Review

43 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2018, worth a combined $80.1M — down 29% from $113M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of FAD and 5 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 19 added.

The largest buyer was Susquehanna International Group, adding an estimated $7.39M. The largest seller was Wechter Feldman Wealth Management, exiting entirely with an estimated $10.4M sold.

  • 43 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2018, down from 44 in Q3 2018.
  • Funds reported $80.1M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2018, down 29% quarter-over-quarter.
  • 5 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2018 and 6 closed out, a net change of -1 holder.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2018 was Susquehanna International Group, an estimated $7.39M added.
  • The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2018 was Wechter Feldman Wealth Management, an estimated $10.4M sold.

Based on aggregated 13F filings for Q4 2018.