First Trust Multi Cap Growth AlphaDEX Fund
FAD
72 hedge funds and large institutions have $110M invested in First Trust Multi Cap Growth AlphaDEX Fund in 2024 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 22 increasing their positions, 21 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
9% more funds holding
Funds holding: 66 → 72 (+6)
5% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 21
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $115M → $110M (-$5.43M)
2.6% less ownership
Funds ownership: 53.94% → 51.34% (-2.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$851K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$569K |
| 3 |
Jones Financial Companies
Des Peres,
Missouri
|
+$302K |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$296K |
| 5 |
PA
PFG Advisors
Phoenix,
Arizona
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.2M |
| 2 |
Goldman Sachs
New York
|
-$694K |
| 3 |
NS
NBC Securities
Birmingham,
Alabama
|
-$591K |
| 4 |
Morgan Stanley
New York
|
-$543K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$315K |
FAD Hedge Fund Activity: Q4 2024 in Review
72 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in First Trust Multi Cap Growth AlphaDEX Fund (FAD) for Q4 2024, worth a combined $110M — down 4.7% from $115M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FAD positions and 3 closed out — a net gain of 9 holders — while 22 added to existing stakes and 21 trimmed.
The largest buyer was LPL Financial, adding an estimated $851K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $4.2M sold.
- 72 institutional investors held First Trust Multi Cap Growth AlphaDEX Fund (FAD) as of Q4 2024, up from 66 in Q3 2024.
- Funds reported $110M of First Trust Multi Cap Growth AlphaDEX Fund stock for Q4 2024, down 4.7% quarter-over-quarter.
- 12 funds opened new First Trust Multi Cap Growth AlphaDEX Fund positions in Q4 2024 and 3 closed out, a net change of +9 holders.
- The largest First Trust Multi Cap Growth AlphaDEX Fund buyer in Q4 2024 was LPL Financial, an estimated $851K added.
- The largest First Trust Multi Cap Growth AlphaDEX Fund seller in Q4 2024 was Susquehanna International Group, an estimated $4.2M sold.
Based on aggregated 13F filings for Q4 2024.