First Trust Multi Cap Growth AlphaDEX Fund
FAD
66 hedge funds and large institutions have $115M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 23 increasing their positions, 23 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
18.4% more ownership
Funds ownership: 53.98% → 72.37% (+18%)
12% more funds holding
Funds holding: 59 → 66 (+7)
5% more capital invested
Capital invested by funds: $110M → $115M (+$5.44M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$37.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.98M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$1.82M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$781K |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
+$517K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.36M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$2.49M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.73M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.55M |
| 5 |
HF
HRT Financial
New York
|
-$336K |
FAD Hedge Fund Activity: Q3 2024 in Review
66 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q3 2024, worth a combined $115M — up 5% from $110M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FAD positions and 3 closed out — a net gain of 7 holders — while 23 added to existing stakes and 23 trimmed.
The largest buyer was International Assets Investment Management, adding an estimated $37.3M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.36M.
- 66 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q3 2024, up from 59 in Q2 2024.
- Funds reported $115M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q3 2024, up 5% quarter-over-quarter.
- 10 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q3 2024 and 3 closed out, a net change of +7 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q3 2024 was International Assets Investment Management, an estimated $37.3M added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q3 2024 was Raymond James Financial Services Advisors, an estimated $6.36M sold.
Based on aggregated 13F filings for Q3 2024.