Alger Mid Cap 40 ETF
FRTY
9 hedge funds and large institutions have $18.3M invested in Alger Mid Cap 40 ETF in 2021 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
29% more funds holding
Funds holding: 7 → 9 (+2)
14.39% less ownership
Funds ownership: 61.71% → 47.32% (-14%)
21% less capital invested
Capital invested by funds: $23.2M → $18.3M (-$4.88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMN
Financial Management Network
Mission Viejo,
California
|
+$782K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$708K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$541K |
| 4 |
CIA
Compass Ion Advisors
Conshohocken,
Pennsylvania
|
+$360K |
| 5 |
LPL Financial
San Diego,
California
|
+$246K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$3.19M |
| 2 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$1.96M |
| 3 |
FAM
Fred Alger Management
New York
|
-$415K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Fred Alger Management
New York
| $6.59M | -$415K | -18,374 | -5% |
|
|
FMN
2
Financial Management Network
Mission Viejo,
California
| $3.66M | +$782K | +34,595 | +23% |
|
|
HGWM
3
Harvest Group Wealth Management
Waltham,
Massachusetts
| $3.23M | +$115K | +5,104 | +3% |
|
4
HighTower Advisors
Chicago,
Illinois
| $2.34M | +$104K | +4,592 | +4% |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.27M | +$708K | +31,329 | +98% |
|
|
6
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $478K | +$541K | +23,913 | New |
|
|
CIA
7
Compass Ion Advisors
Conshohocken,
Pennsylvania
| $318K | +$360K | +15,923 | New |
|
|
8
LPL Financial
San Diego,
California
| $217K | +$246K | +10,888 | New |
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $215K | +$243K | +10,756 | New |
|
|
SS
10
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$3.19M | -141,075 | Closed |
|
|
CRWM
11
Castle Rock Wealth Management
Walnut Creek,
California
| – | -$1.96M | -77,912 | Closed |
|
FRTY Hedge Fund Activity: Q4 2021 in Review
9 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q4 2021, worth a combined $18.3M — down 21% from $23.2M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FRTY positions and 2 closed out — a net gain of 2 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Financial Management Network, adding an estimated $782K. The largest seller was Simplicity Solutions, exiting entirely with an estimated $3.19M sold.
- 9 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q4 2021, up from 7 in Q3 2021.
- Funds reported $18.3M of Alger Mid Cap 40 ETF stock for Q4 2021, down 21% quarter-over-quarter.
- 4 funds opened new Alger Mid Cap 40 ETF positions in Q4 2021 and 2 closed out, a net change of +2 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q4 2021 was Financial Management Network, an estimated $782K added.
- The largest Alger Mid Cap 40 ETF seller in Q4 2021 was Simplicity Solutions, an estimated $3.19M sold.
Based on aggregated 13F filings for Q4 2021.