First Trust Canada AlphaDEX Fund
FCAN
FCAN was delisted on the 28th of October, 2020.
13 hedge funds and large institutions have $4.04M invested in First Trust Canada AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 2 closing their positions.
7% less funds holding
Funds holding: 14 → 13 (-1)
45% less capital invested
Capital invested by funds: $7.34M → $4.04M (-$3.31M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$257K |
| 2 |
Jane Street
New York
|
+$21.9K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$11.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.07M |
| 2 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
-$853K |
| 3 |
RPG
Risk Paradigm Group
Austin,
Texas
|
-$658K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$408K |
| 5 |
Morgan Stanley
New York
|
-$384K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RPG
1
Risk Paradigm Group
Austin,
Texas
| $1.32M | -$658K | -28,527 | -33% |
|
2
Goldman Sachs
New York
| $708K | -$30.3K | -1,313 | -4% |
|
|
3
Jane Street
New York
| $662K | +$21.9K | +951 | +3% |
|
|
VKH
4
Virtu KCG Holdings
New York
| $570K | -$408K | -17,697 | -42% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $259K | +$257K | +11,142 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| $228K | -$1.07M | -46,448 | -83% |
|
|
7
Morgan Stanley
New York
| $224K | -$384K | -16,637 | -63% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $34K | +$11.5K | +499 | +52% |
|
9
Wells Fargo
San Francisco,
California
| $19K | -$6.74K | -292 | -26% |
|
10
UBS Group
Zurich,
Switzerland
| $10K | -$16.7K | -723 | -62% |
|
|
BWA
11
Burt Wealth Advisors
North Bethesda,
Maryland
| $6K | – | – | – |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $1K | -$46 | -2 | -6% |
|
|
RFWA
13
RPg Family Wealth Advisory
Burlington,
Massachusetts
| – | -$853K | -37,711 | Closed |
|
14
Citadel Advisors
Miami,
Florida
| – | -$296K | -12,905 | Closed |
|
FCAN Hedge Fund Activity: Q2 2016 in Review
13 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Canada AlphaDEX Fund (FCAN) for Q2 2016, worth a combined $4.04M — down 45% from $7.34M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FCAN and 1 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $257K. The largest seller was Bank of America, cutting an estimated $1.07M.
- 13 institutional investors held First Trust Canada AlphaDEX Fund (FCAN) as of Q2 2016, down from 14 in Q1 2016.
- Funds reported $4.04M of First Trust Canada AlphaDEX Fund stock for Q2 2016, down 45% quarter-over-quarter.
- 1 fund opened new First Trust Canada AlphaDEX Fund positions in Q2 2016 and 2 closed out, a net change of -1 holder.
- The largest First Trust Canada AlphaDEX Fund buyer in Q2 2016 was Susquehanna International Group, an estimated $257K added.
- The largest First Trust Canada AlphaDEX Fund seller in Q2 2016 was Bank of America, an estimated $1.07M sold.
Based on aggregated 13F filings for Q2 2016.