Alger Mid Cap 40 ETF
FRTY
11 hedge funds and large institutions have $13.5M invested in Alger Mid Cap 40 ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
2.4% less ownership
Funds ownership: 53.33% → 50.93% (-2.4%)
12% less capital invested
Capital invested by funds: $15.3M → $13.5M (-$1.78M)
21% less funds holding
Funds holding: 14 → 11 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$1.04M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$389K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$242K |
| 4 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
+$146K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$8.16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FMN
Financial Management Network
Mission Viejo,
California
|
-$1.77M |
| 2 |
IA
IFP Advisors
Tampa,
Florida
|
-$445K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$333K |
| 4 |
HAIM
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
|
-$299K |
| 5 |
Jane Street
New York
|
-$144K |
FRTY Hedge Fund Activity: Q1 2023 in Review
11 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q1 2023, worth a combined $13.5M — down 12% from $15.3M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FRTY and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Creative Financial Designs, opening a new position worth an estimated $1.04M. The largest seller was Financial Management Network, exiting entirely with an estimated $1.77M sold.
- 11 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q1 2023, down from 14 in Q4 2022.
- Funds reported $13.5M of Alger Mid Cap 40 ETF stock for Q1 2023, down 12% quarter-over-quarter.
- 3 funds opened new Alger Mid Cap 40 ETF positions in Q1 2023 and 6 closed out, a net change of -3 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q1 2023 was Creative Financial Designs, an estimated $1.04M added.
- The largest Alger Mid Cap 40 ETF seller in Q1 2023 was Financial Management Network, an estimated $1.77M sold.
Based on aggregated 13F filings for Q1 2023.