First Trust Canada AlphaDEX Fund
FCAN
FCAN was delisted on the 28th of October, 2020.
13 hedge funds and large institutions have $15.1M invested in First Trust Canada AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 3 closing their positions.
71% more capital invested
Capital invested by funds: $8.88M → $15.1M (+$6.26M)
19% less funds holding
Funds holding: 16 → 13 (-3)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$7.06M |
| 2 |
Jane Street
New York
|
+$3.41M |
| 3 |
RPG
Risk Paradigm Group
Austin,
Texas
|
+$64.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$1.36M |
| 2 |
BCM
Breiter Capital Management
Bradenton,
Florida
|
-$1.29M |
| 3 |
Morgan Stanley
New York
|
-$602K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$364K |
| 5 |
Goldman Sachs
New York
|
-$350K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $10.4M | +$7.06M | +275,463 | +206% |
|
|
2
Jane Street
New York
| $3.77M | +$3.41M | +133,159 | +872% |
|
|
RPG
3
Risk Paradigm Group
Austin,
Texas
| $583K | +$64.2K | +2,507 | +12% |
|
|
4
Wells Fargo
San Francisco,
California
| $103K | -$1.36M | -53,084 | -93% |
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $103K | -$512 | -20 | -0.5% |
|
|
6
Morgan Stanley
New York
| $70K | -$602K | -23,493 | -90% |
|
|
CPIG
7
Chicago Partners Investment Group
Chicago,
Illinois
| $49K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $40K | -$15K | -584 | -27% |
|
|
IA
9
IFP Advisors
Tampa,
Florida
| $10K | – | – | – |
|
|
AG
10
Advisor Group
Phoenix,
Arizona
| $8K | – | – | – |
|
|
BWA
11
Burt Wealth Advisors
North Bethesda,
Maryland
| $7K | – | – | – |
|
|
RCG
12
Ruggie Capital Group
Tavares,
Florida
| $1K | -$2.97K | -116 | -75% |
|
|
BCM
13
Breiter Capital Management
Bradenton,
Florida
| – | -$1.29M | -49,431 | Closed |
|
|
14
Citadel Advisors
Miami,
Florida
| – | -$364K | -13,891 | Closed |
|
|
15
Goldman Sachs
New York
| – | -$350K | -13,386 | Closed |
|
FCAN Hedge Fund Activity: Q3 2018 in Review
13 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Canada AlphaDEX Fund (FCAN) for Q3 2018, worth a combined $15.1M — up 71% from $8.88M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FCAN and 0 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Carson Wealth (CWM LLC), adding an estimated $7.06M. The largest seller was Wells Fargo, cutting an estimated $1.36M.
- 13 institutional investors held First Trust Canada AlphaDEX Fund (FCAN) as of Q3 2018, down from 16 in Q2 2018.
- Funds reported $15.1M of First Trust Canada AlphaDEX Fund stock for Q3 2018, up 71% quarter-over-quarter.
- 0 funds opened new First Trust Canada AlphaDEX Fund positions in Q3 2018 and 3 closed out, a net change of -3 holders.
- The largest First Trust Canada AlphaDEX Fund buyer in Q3 2018 was Carson Wealth (CWM LLC), an estimated $7.06M added.
- The largest First Trust Canada AlphaDEX Fund seller in Q3 2018 was Wells Fargo, an estimated $1.36M sold.
Based on aggregated 13F filings for Q3 2018.