First Trust Multi Cap Growth AlphaDEX Fund
FAD
48 hedge funds and large institutions have $93.5M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
16% more capital invested
Capital invested by funds: $80.8M → $93.5M (+$12.7M)
12% more funds holding
Funds holding: 43 → 48 (+5)
0.68% less ownership
Funds ownership: 46.8% → 46.12% (-0.68%)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$2.61M |
| 2 |
PFA
Plotkin Financial Advisors
Chevy Chase,
Maryland
|
+$2.17M |
| 3 |
Morgan Stanley
New York
|
+$2.01M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$1.83M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$873K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.53M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.14M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.12M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.85M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$1.68M |
FAD Hedge Fund Activity: Q4 2020 in Review
48 of the 5,676 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2020, worth a combined $93.5M — up 16% from $80.8M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FAD positions and 2 closed out — a net gain of 6 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $2.61M. The largest seller was Susquehanna International Group, cutting an estimated $4.53M.
- 48 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2020, up from 43 in Q3 2020.
- Funds reported $93.5M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2020, up 16% quarter-over-quarter.
- 8 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2020 and 2 closed out, a net change of +6 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2020 was Commonwealth Equity Services, an estimated $2.61M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2020 was Susquehanna International Group, an estimated $4.53M sold.
Based on aggregated 13F filings for Q4 2020.