First Trust Multi Cap Growth AlphaDEX Fund
FAD
46 hedge funds and large institutions have $75.5M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
10% more funds holding
Funds holding: 42 → 46 (+4)
0.54% less ownership
Funds ownership: 42.54% → 41.99% (-0.54%)
3% less capital invested
Capital invested by funds: $77.9M → $75.5M (-$2.39M)
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.24M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$872K |
| 3 |
LI
LVZ Inc
Holland,
Michigan
|
+$558K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$384K |
| 5 |
LPL Financial
San Diego,
California
|
+$333K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.47M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.62M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$599K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$344K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$239K |
FAD Hedge Fund Activity: Q3 2019 in Review
46 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2019, worth a combined $75.5M — down 3.1% from $77.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FAD positions and 5 closed out — a net gain of 4 holders — while 12 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.24M. The largest seller was Citadel Advisors, cutting an estimated $2.47M.
- 46 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2019, up from 42 in Q2 2019.
- Funds reported $75.5M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2019, down 3.1% quarter-over-quarter.
- 9 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2019 and 5 closed out, a net change of +4 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2019 was Wells Fargo, an estimated $1.24M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2019 was Citadel Advisors, an estimated $2.47M sold.
Based on aggregated 13F filings for Q3 2019.