First Trust Multi Cap Growth AlphaDEX Fund
FAD
42 hedge funds and large institutions have $77.9M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 7 closing their positions.
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
6.13% less ownership
Funds ownership: 48.67% → 42.54% (-6.1%)
9% less funds holding
Funds holding: 46 → 42 (-4)
12% less capital invested
Capital invested by funds: $88.8M → $77.9M (-$10.9M)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.78M |
| 2 |
Goldman Sachs
New York
|
+$977K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$399K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$345K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$165K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$2.23M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.91M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.78M |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.2M |
FAD Hedge Fund Activity: Q2 2019 in Review
42 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2019, worth a combined $77.9M — down 12% from $88.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAD and 5 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 13 added.
The largest buyer was Private Advisor Group, adding an estimated $1.78M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.24M sold.
- 42 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2019, down from 46 in Q1 2019.
- Funds reported $77.9M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2019, down 12% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2019 and 7 closed out, a net change of -2 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2019 was Private Advisor Group, an estimated $1.78M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2019 was Susquehanna International Group, an estimated $2.24M sold.
Based on aggregated 13F filings for Q2 2019.