First Trust Canada AlphaDEX Fund
FCAN
FCAN was delisted on the 28th of October, 2020.
11 hedge funds and large institutions have $3.26M invested in First Trust Canada AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 3 closing their positions.
21% less funds holding
Funds holding: 14 → 11 (-3)
44% less capital invested
Capital invested by funds: $5.8M → $3.26M (-$2.54M)
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
+$467K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$408K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$23 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.69M |
| 2 |
Jane Street
New York
|
-$497K |
| 3 |
Morgan Stanley
New York
|
-$478K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$367K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$293K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.49M | -$497K | -21,816 | -25% |
|
|
RFWA
2
RPg Family Wealth Advisory
Burlington,
Massachusetts
| $485K | +$467K | +20,491 | +3,450% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $414K | +$408K | +17,906 | New |
|
|
4
Citadel Advisors
Miami,
Florida
| $386K | -$293K | -12,876 | -44% |
|
|
5
Morgan Stanley
New York
| $200K | -$478K | -20,999 | -71% |
|
|
6
Wells Fargo
San Francisco,
California
| $126K | +$23 | +1 | +0% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $108K | -$367K | -16,098 | -77% |
|
8
Bank of America
Charlotte,
North Carolina
| $35K | -$125K | -5,497 | -78% |
|
|
AG
9
Advisor Group
Phoenix,
Arizona
| $7K | – | – | – |
|
|
CFN
10
Cordasco Financial Network
Naples,
Florida
| $5K | – | – | – |
|
|
11
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1.69M | -82,901 | Closed |
|
|
IA
12
IFP Advisors
Tampa,
Florida
| – | -$8K | -400 | Closed |
|
|
RCG
13
Ruggie Capital Group
Tavares,
Florida
| – | -$1K | -38 | Closed |
|
FCAN Hedge Fund Activity: Q1 2019 in Review
11 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Canada AlphaDEX Fund (FCAN) for Q1 2019, worth a combined $3.26M — down 44% from $5.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FCAN and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was RPg Family Wealth Advisory, adding an estimated $467K. The largest seller was Carson Wealth (CWM LLC), exiting entirely with an estimated $1.69M sold.
- 11 institutional investors held First Trust Canada AlphaDEX Fund (FCAN) as of Q1 2019, down from 14 in Q4 2018.
- Funds reported $3.26M of First Trust Canada AlphaDEX Fund stock for Q1 2019, down 44% quarter-over-quarter.
- 1 fund opened new First Trust Canada AlphaDEX Fund positions in Q1 2019 and 3 closed out, a net change of -2 holders.
- The largest First Trust Canada AlphaDEX Fund buyer in Q1 2019 was RPg Family Wealth Advisory, an estimated $467K added.
- The largest First Trust Canada AlphaDEX Fund seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $1.69M sold.
Based on aggregated 13F filings for Q1 2019.