First Trust Canada AlphaDEX Fund
FCAN
FCAN was delisted on the 28th of October, 2020.
20 hedge funds and large institutions have $69.2M invested in First Trust Canada AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 4 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
52% more capital invested
Capital invested by funds: $45.7M → $69.2M (+$23.6M)
18% more funds holding
Funds holding: 17 → 20 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$32.4M |
| 2 |
Morgan Stanley
New York
|
+$3.6M |
| 3 |
JP Morgan Chase
New York
|
+$883K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$490K |
| 5 |
WA
WESPAC Advisors
Orinda,
California
|
+$339K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$7.86M |
| 2 |
JG
Jefferies Group
New York
|
-$5.03M |
| 3 |
Goldman Sachs
New York
|
-$1.33M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$772K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$287K |
FCAN Hedge Fund Activity: Q4 2013 in Review
20 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Canada AlphaDEX Fund (FCAN) for Q4 2013, worth a combined $69.2M — up 52% from $45.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FCAN positions and 4 closed out — a net gain of 3 holders — while 10 added to existing stakes and 3 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $32.4M. The largest seller was Navellier & Associates, exiting entirely with an estimated $7.86M sold.
- 20 institutional investors held First Trust Canada AlphaDEX Fund (FCAN) as of Q4 2013, up from 17 in Q3 2013.
- Funds reported $69.2M of First Trust Canada AlphaDEX Fund stock for Q4 2013, up 52% quarter-over-quarter.
- 7 funds opened new First Trust Canada AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of +3 holders.
- The largest First Trust Canada AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $32.4M added.
- The largest First Trust Canada AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $7.86M sold.
Based on aggregated 13F filings for Q4 2013.