First Trust Canada AlphaDEX Fund
FCAN
FCAN was delisted on the 28th of October, 2020.
13 hedge funds and large institutions have $6.43M invested in First Trust Canada AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 11 closing their positions.
43% less funds holding
Funds holding: 23 → 13 (-10)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
71% less capital invested
Capital invested by funds: $22.1M → $6.43M (-$15.7M)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AGA
Accuvest Global Advisors
Provo,
Utah
|
+$3.32M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$75.2K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$17.7K |
| 4 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$1.75K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
-$7.53M |
| 2 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$3.19M |
| 3 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
-$2.08M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.02M |
| 5 |
Morgan Stanley
New York
|
-$1.72M |
FCAN Hedge Fund Activity: Q1 2015 in Review
13 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Canada AlphaDEX Fund (FCAN) for Q1 2015, worth a combined $6.43M — down 71% from $22.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FCAN and 2 opened new positions — a net loss of 9 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Accuvest Global Advisors, opening a new position worth an estimated $3.32M. The largest seller was Hays Advisory, exiting entirely with an estimated $7.53M sold.
- 13 institutional investors held First Trust Canada AlphaDEX Fund (FCAN) as of Q1 2015, down from 23 in Q4 2014.
- Funds reported $6.43M of First Trust Canada AlphaDEX Fund stock for Q1 2015, down 71% quarter-over-quarter.
- 2 funds opened new First Trust Canada AlphaDEX Fund positions in Q1 2015 and 11 closed out, a net change of -9 holders.
- The largest First Trust Canada AlphaDEX Fund buyer in Q1 2015 was Accuvest Global Advisors, an estimated $3.32M added.
- The largest First Trust Canada AlphaDEX Fund seller in Q1 2015 was Hays Advisory, an estimated $7.53M sold.
Based on aggregated 13F filings for Q1 2015.