First Trust Multi Cap Growth AlphaDEX Fund
FAD
54 hedge funds and large institutions have $87.7M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 24 reducing their positions, and 4 closing their positions.
74% more capital inflows, than outflows
Capital inflows: $13.7M | Capital outflows: $7.85M
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.96% less ownership
Funds ownership: 53.75% → 52.79% (-0.96%)
5% less funds holding
Funds holding: 57 → 54 (-3)
50% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Gallagher Fiduciary Advisors
Rolling Meadows,
Illinois
|
+$4.53M |
| 2 |
Harbour Investments
Madison,
Wisconsin
|
+$2.52M |
| 3 |
D.A. Davidson & Co
Great Falls,
Montana
|
+$2.37M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.1M |
| 5 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$992K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
-$2.03M |
| 2 |
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$749K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$682K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$609K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$584K |
FAD Hedge Fund Activity: Q1 2023 in Review
54 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q1 2023, worth a combined $87.7M — up 3% from $85.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FAD positions and 4 closed out — a net gain of 1 holder — while 12 added to existing stakes and 24 trimmed.
The largest buyer was Gallagher Fiduciary Advisors, opening a new position worth an estimated $4.53M. The largest seller was Raymond James & Associates, cutting an estimated $2.03M.
- 54 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q1 2023, down from 57 in Q4 2022.
- Funds reported $87.7M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q1 2023, up 3% quarter-over-quarter.
- 5 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q1 2023 and 4 closed out, a net change of +1 holder.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q1 2023 was Gallagher Fiduciary Advisors, an estimated $4.53M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q1 2023 was Raymond James & Associates, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2023.