First Trust Canada AlphaDEX Fund
FCAN
FCAN was delisted on the 28th of October, 2020.
6 hedge funds and large institutions have $1.56M invested in First Trust Canada AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
38% more capital invested
Capital invested by funds: $1.13M → $1.56M (+$433K)
33% less funds holding
Funds holding: 9 → 6 (-3)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$380K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$152K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$83.2K |
| 3 |
Morgan Stanley
New York
|
-$43K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$9K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$4.36K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $604K | +$380K | +20,852 | +207% |
|
|
RFWA
2
RPg Family Wealth Advisory
Burlington,
Massachusetts
| $380K | – | – | – |
|
|
3
Citadel Advisors
Miami,
Florida
| $317K | -$4.36K | -239 | -1% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $130K | -$83.2K | -4,562 | -41% |
|
|
5
Morgan Stanley
New York
| $125K | -$43K | -2,358 | -27% |
|
6
Wells Fargo
San Francisco,
California
| $4K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$152K | -10,169 | Closed |
|
|
8
Bank of America
Charlotte,
North Carolina
| – | -$9K | -621 | Closed |
|
9
Osaic Holdings
Scottsdale,
Arizona
| – | -$4K | -300 | Closed |
|
FCAN Hedge Fund Activity: Q2 2020 in Review
6 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Canada AlphaDEX Fund (FCAN) for Q2 2020, worth a combined $1.56M — up 38% from $1.13M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FCAN and 0 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, adding an estimated $380K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $152K sold.
- 6 institutional investors held First Trust Canada AlphaDEX Fund (FCAN) as of Q2 2020, down from 9 in Q1 2020.
- Funds reported $1.56M of First Trust Canada AlphaDEX Fund stock for Q2 2020, up 38% quarter-over-quarter.
- 0 funds opened new First Trust Canada AlphaDEX Fund positions in Q2 2020 and 3 closed out, a net change of -3 holders.
- The largest First Trust Canada AlphaDEX Fund buyer in Q2 2020 was Jane Street, an estimated $380K added.
- The largest First Trust Canada AlphaDEX Fund seller in Q2 2020 was Susquehanna International Group, an estimated $152K sold.
Based on aggregated 13F filings for Q2 2020.