Alger Mid Cap 40 ETF
FRTY
10 hedge funds and large institutions have $11.8M invested in Alger Mid Cap 40 ETF in 2022 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 3 closing their positions.
7.23% less ownership
Funds ownership: 51.68% → 44.46% (-7.2%)
17% less funds holding
Funds holding: 12 → 10 (-2)
23% less capital invested
Capital invested by funds: $15.4M → $11.8M (-$3.6M)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$691K |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$340K |
| 3 |
HAIM
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
|
+$278K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$184K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFG
Menard Financial Group
Houston,
Texas
|
-$638K |
| 2 |
FMN
Financial Management Network
Mission Viejo,
California
|
-$416K |
| 3 |
CIA
Compass Ion Advisors
Conshohocken,
Pennsylvania
|
-$217K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$200K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$50.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Fred Alger Management
New York
| $4.3M | – | – | – |
|
|
SS
2
Simplicity Solutions
Minneapolis,
Minnesota
| $2.44M | +$340K | +23,584 | +14% |
|
|
FMN
3
Financial Management Network
Mission Viejo,
California
| $2.41M | -$416K | -28,804 | -13% |
|
|
4
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.09M | +$184K | +12,717 | +18% |
|
|
5
UBS Group
Zurich,
Switzerland
| $877K | +$691K | +47,882 | +246% |
|
|
HAIM
6
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
| $252K | +$278K | +19,225 | New |
|
|
7
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $208K | -$50.9K | -3,528 | -18% |
|
|
OMC
8
Old Mission Capital
Chicago,
Illinois
| $150K | -$200K | -13,866 | -55% |
|
|
IA
9
IFP Advisors
Tampa,
Florida
| $43K | – | – | – |
|
|
HGWM
10
Harvest Group Wealth Management
Waltham,
Massachusetts
| $3K | -$17.4K | -1,204 | -86% |
|
|
MFG
11
Menard Financial Group
Houston,
Texas
| – | -$638K | -37,432 | Closed |
|
|
CIA
12
Compass Ion Advisors
Conshohocken,
Pennsylvania
| – | -$217K | -12,709 | Closed |
|
13
Osaic Holdings
Scottsdale,
Arizona
| – | -$45K | -2,659 | Closed |
|
FRTY Hedge Fund Activity: Q2 2022 in Review
10 of the 5,937 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q2 2022, worth a combined $11.8M — down 23% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FRTY and 1 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 3 added.
The largest buyer was UBS Group, adding an estimated $691K. The largest seller was Menard Financial Group, exiting entirely with an estimated $638K sold.
- 10 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q2 2022, down from 12 in Q1 2022.
- Funds reported $11.8M of Alger Mid Cap 40 ETF stock for Q2 2022, down 23% quarter-over-quarter.
- 1 fund opened new Alger Mid Cap 40 ETF positions in Q2 2022 and 3 closed out, a net change of -2 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q2 2022 was UBS Group, an estimated $691K added.
- The largest Alger Mid Cap 40 ETF seller in Q2 2022 was Menard Financial Group, an estimated $638K sold.
Based on aggregated 13F filings for Q2 2022.