Alger Mid Cap 40 ETF
FRTY
10 hedge funds and large institutions have $12.9M invested in Alger Mid Cap 40 ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 1 closing their positions.
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
4% less capital invested
Capital invested by funds: $13.5M → $12.9M (-$603K)
4.35% less ownership
Funds ownership: 50.93% → 46.58% (-4.3%)
9% less funds holding
Funds holding: 11 → 10 (-1)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$1.19M |
| 2 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
+$20.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$2.79M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$805K |
| 3 |
FAM
Fred Alger Management
New York
|
-$121K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$119K |
| 5 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$63.5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAM
1
Fred Alger Management
New York
| $4.32M | -$121K | -9,835 | -3% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.06M | -$119K | -9,723 | -6% |
|
3
Commonwealth Equity Services
Waltham,
Massachusetts
| $1.36M | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $1.31M | -$805K | -65,553 | -39% |
|
|
CRWM
5
Castle Rock Wealth Management
Walnut Creek,
California
| $1.25M | +$1.19M | +96,999 | New |
|
|
CFD
6
Creative Financial Designs
Kokomo,
Indiana
| $1.14M | +$20.6K | +1,681 | +2% |
|
|
SIG
7
Sargent Investment Group
Bethesda,
Maryland
| $1M | -$63.5K | -5,171 | -6% |
|
8
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $181K | – | – | – |
|
|
TWM
9
Tradition Wealth Management
Edina,
Minnesota
| $150K | -$6.14K | -500 | -4% |
|
|
SS
10
Simplicity Solutions
Minneapolis,
Minnesota
| $140K | -$2.79M | -227,532 | -95% |
|
|
AAS
11
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$3.35K | -275 | Closed |
|
FRTY Hedge Fund Activity: Q2 2023 in Review
10 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q2 2023, worth a combined $12.9M — down 4.5% from $13.5M a quarter earlier.
Fund positioning in FRTY was balanced in Q2 2023: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 6 trimmed.
The largest buyer was Castle Rock Wealth Management, opening a new position worth an estimated $1.19M. The largest seller was Simplicity Solutions, cutting an estimated $2.79M.
- 10 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q2 2023, down from 11 in Q1 2023.
- Funds reported $12.9M of Alger Mid Cap 40 ETF stock for Q2 2023, down 4.5% quarter-over-quarter.
- 1 fund opened new Alger Mid Cap 40 ETF positions in Q2 2023 and 1 closed out, a net change of 0 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q2 2023 was Castle Rock Wealth Management, an estimated $1.19M added.
- The largest Alger Mid Cap 40 ETF seller in Q2 2023 was Simplicity Solutions, an estimated $2.79M sold.
Based on aggregated 13F filings for Q2 2023.