Alger Mid Cap 40 ETF
FRTY
7 hedge funds and large institutions have $23.2M invested in Alger Mid Cap 40 ETF in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
23% more capital invested
Capital invested by funds: $18.9M → $23.2M (+$4.33M)
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
8.18% less ownership
Funds ownership: 69.9% → 61.71% (-8.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$2.47M |
| 2 |
FMN
Financial Management Network
Mission Viejo,
California
|
+$382K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$323K |
| 4 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$183K |
| 5 |
FAM
Fred Alger Management
New York
|
+$135K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$981K |
| 2 |
CQS
Credential Qtrade Securities
Vancouver,
|
-$5.15K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Fred Alger Management
New York
| $7.88M | +$135K | +6,145 | +2% |
|
|
HGWM
2
Harvest Group Wealth Management
Waltham,
Massachusetts
| $3.55M | +$47.1K | +2,148 | +1% |
|
|
FMN
3
Financial Management Network
Mission Viejo,
California
| $3.33M | +$382K | +17,405 | +13% |
|
|
SS
4
Simplicity Solutions
Minneapolis,
Minnesota
| $3.19M | +$183K | +8,344 | +6% |
|
|
5
HighTower Advisors
Chicago,
Illinois
| $2.56M | +$2.47M | +112,870 | New |
|
|
CRWM
6
Castle Rock Wealth Management
Walnut Creek,
California
| $1.96M | -$981K | -44,756 | -36% |
|
|
7
Commonwealth Equity Services
Waltham,
Massachusetts
| $726K | +$323K | +14,739 | +85% |
|
|
CQS
8
Credential Qtrade Securities
Vancouver,
| – | -$5.15K | -250 | Closed |
|
FRTY Hedge Fund Activity: Q3 2021 in Review
7 of the 5,713 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q3 2021, worth a combined $23.2M — up 23% from $18.9M a quarter earlier.
Fund positioning in FRTY was balanced in Q3 2021: 1 fund opened new positions, 1 closed out, 5 added to existing stakes and 1 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $2.47M. The largest seller was Castle Rock Wealth Management, cutting an estimated $981K.
- 7 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $23.2M of Alger Mid Cap 40 ETF stock for Q3 2021, up 23% quarter-over-quarter.
- 1 fund opened new Alger Mid Cap 40 ETF positions in Q3 2021 and 1 closed out, a net change of 0 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q3 2021 was HighTower Advisors, an estimated $2.47M added.
- The largest Alger Mid Cap 40 ETF seller in Q3 2021 was Castle Rock Wealth Management, an estimated $981K sold.
Based on aggregated 13F filings for Q3 2021.