Alger Mid Cap 40 ETF
FRTY
7 hedge funds and large institutions have $18.9M invested in Alger Mid Cap 40 ETF in 2021 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
75% more funds holding
Funds holding: 4 → 7 (+3)
60% more capital invested
Capital invested by funds: $11.8M → $18.9M (+$7.08M)
15.41% less ownership
Funds ownership: 85.3% → 69.9% (-15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.64M |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$2.44M |
| 3 |
FMN
Financial Management Network
Mission Viejo,
California
|
+$513K |
| 4 |
HGWM
Harvest Group Wealth Management
Waltham,
Massachusetts
|
+$366K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$345K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Fred Alger Management
New York
|
-$81.6K |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Fred Alger Management
New York
| $7.14M | -$81.6K | -4,100 | -1% |
|
|
HGWM
2
Harvest Group Wealth Management
Waltham,
Massachusetts
| $3.23M | +$366K | +18,406 | +14% |
|
|
SS
3
Simplicity Solutions
Minneapolis,
Minnesota
| $2.77M | +$2.64M | +132,731 | New |
|
|
FMN
4
Financial Management Network
Mission Viejo,
California
| $2.77M | +$513K | +25,800 | +24% |
|
|
CRWM
5
Castle Rock Wealth Management
Walnut Creek,
California
| $2.59M | +$2.44M | +122,668 | New |
|
|
6
Commonwealth Equity Services
Waltham,
Massachusetts
| $361K | +$345K | +17,338 | New |
|
|
CQS
7
Credential Qtrade Securities
Vancouver,
| $5.15K | +$4.97K | +250 | New |
|
|
HI
8
Harbour Investments
Madison,
Wisconsin
| – | -$1K | -50 | Closed |
|
FRTY Hedge Fund Activity: Q2 2021 in Review
7 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q2 2021, worth a combined $18.9M — up 60% from $11.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRTY positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $2.64M. The largest seller was Fred Alger Management, cutting an estimated $81.6K.
- 7 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q2 2021, up from 4 in Q1 2021.
- Funds reported $18.9M of Alger Mid Cap 40 ETF stock for Q2 2021, up 60% quarter-over-quarter.
- 4 funds opened new Alger Mid Cap 40 ETF positions in Q2 2021 and 1 closed out, a net change of +3 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q2 2021 was Simplicity Solutions, an estimated $2.64M added.
- The largest Alger Mid Cap 40 ETF seller in Q2 2021 was Fred Alger Management, an estimated $81.6K sold.
Based on aggregated 13F filings for Q2 2021.