First Trust Multi Cap Growth AlphaDEX Fund
FAD
41 hedge funds and large institutions have $69.4M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 7 closing their positions.
26% more capital invested
Capital invested by funds: $55M → $69.4M (+$14.4M)
0.26% more ownership
Funds ownership: 43.13% → 43.39% (+0.26%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 45 → 41 (-4)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.7M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.05M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$485K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$412K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$364K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.48M |
| 2 |
Jane Street
New York
|
-$695K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$633K |
| 4 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$627K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$307K |
FAD Hedge Fund Activity: Q2 2020 in Review
41 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2020, worth a combined $69.4M — up 26% from $55M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FAD and 3 opened new positions — a net loss of 4 holders — while 17 trimmed existing stakes and 10 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.7M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $1.48M sold.
- 41 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2020, down from 45 in Q1 2020.
- Funds reported $69.4M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2020, up 26% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2020 and 7 closed out, a net change of -4 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2020 was Susquehanna International Group, an estimated $1.7M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2020 was Envestnet Asset Management, an estimated $1.48M sold.
Based on aggregated 13F filings for Q2 2020.