First Trust Multi Cap Growth AlphaDEX Fund
FAD
49 hedge funds and large institutions have $99.2M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 20 reducing their positions, and 4 closing their positions.
5% more capital invested
Capital invested by funds: $94.3M → $99.2M (+$4.88M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.93% less ownership
Funds ownership: 45.76% → 44.83% (-0.93%)
4% less funds holding
Funds holding: 51 → 49 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
25% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.16M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$908K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$700K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$429K |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$907K |
| 4 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
-$584K |
| 5 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
-$501K |
FAD Hedge Fund Activity: Q2 2021 in Review
49 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q2 2021, worth a combined $99.2M — up 5.2% from $94.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FAD and 3 opened new positions — a net loss of 1 holder — while 20 trimmed existing stakes and 15 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.16M. The largest seller was LPL Financial, cutting an estimated $5.3M.
- 49 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q2 2021, down from 51 in Q1 2021.
- Funds reported $99.2M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q2 2021, up 5.2% quarter-over-quarter.
- 3 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q2 2021 and 4 closed out, a net change of -1 holder.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q2 2021 was Susquehanna International Group, an estimated $3.16M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q2 2021 was LPL Financial, an estimated $5.3M sold.
Based on aggregated 13F filings for Q2 2021.