First Trust Multi Cap Growth AlphaDEX Fund
FAD
43 hedge funds and large institutions have $80.8M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 17 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
16% more capital invested
Capital invested by funds: $69.4M → $80.8M (+$11.4M)
5% more funds holding
Funds holding: 41 → 43 (+2)
3.41% more ownership
Funds ownership: 43.39% → 46.8% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$5.14M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.81M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.54M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.34M |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Plotkin Financial Advisors
Chevy Chase,
Maryland
|
-$4.19M |
| 2 |
VWA
V Wealth Advisors
Overland Park,
Kansas
|
-$1.07M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.06M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$496K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$458K |
FAD Hedge Fund Activity: Q3 2020 in Review
43 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2020, worth a combined $80.8M — up 16% from $69.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAD positions and 2 closed out — a net gain of 3 holders — while 12 added to existing stakes and 17 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $5.14M. The largest seller was Plotkin Financial Advisors, cutting an estimated $4.19M.
- 43 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2020, up from 41 in Q2 2020.
- Funds reported $80.8M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2020, up 16% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2020 and 2 closed out, a net change of +3 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2020 was Goldman Sachs, an estimated $5.14M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2020 was Plotkin Financial Advisors, an estimated $4.19M sold.
Based on aggregated 13F filings for Q3 2020.