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Alger Mid Cap 40 ETF
FRTY

13 hedge funds and large institutions have $13.7M invested in Alger Mid Cap 40 ETF in 2023 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 1

30% more funds holding

Funds holding: 10 → 13 (+3)

7% more capital invested

Capital invested by funds: $12.9M → $13.7M (+$840K)

5.03% more ownership

Funds ownership: 46.58% → 51.61% (+5%)

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5

Holders
13
Holders Change
+3
Holders Change %
+30%
% of All Funds
0.21%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
3
Reduced
5
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
+$2M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$219K
3
HighTower Advisors
HighTower Advisors
Illinois
+$194K
4
CRWM
Castle Rock Wealth Management
California
+$14.9K
5
CFD
Creative Financial Designs
Indiana
+$14K

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$303K
2
SS
Simplicity Solutions
Minnesota
-$140K
3
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$115K
4
FAM
Fred Alger Management
New York
-$73.3K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
-$5.29K
Name Holding Trade Value Shares
Change 		Change in
Stake
FAM
1
Fred Alger Management
New York
$3.95M -$73.3K -5,776 -2%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$2.12M +$219K +17,223 +11%
Wealth Enhancement Advisory Services
3
Wealth Enhancement Advisory Services
Minnesota
$1.91M +$2M +157,371 New
CRWM
4
Castle Rock Wealth Management
California
$1.17M +$14.9K +1,176 +1%
Commonwealth Equity Services
5
Commonwealth Equity Services
Massachusetts
$1.16M -$115K -9,091 -9%
CFD
6
Creative Financial Designs
Indiana
$1.07M +$14K +1,100 +1%
SIG
7
Sargent Investment Group
Maryland
$932K -$952 -75 -0.1%
UBS Group
8
UBS Group
Switzerland
$931K -$303K -23,881 -24%
HighTower Advisors
9
HighTower Advisors
Illinois
$188K +$194K +15,269 New
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$163K -$5.29K -417 -3%
TWM
11
Tradition Wealth Management
Minnesota
$139K – – –
Wells Fargo
12
Wells Fargo
California
$12.1K +$12.7K +1,000 New
AF
13
Allworth Financial
California
$59 +$63 +5 New
SS
14
Simplicity Solutions
Minnesota
– -$140K -10,724 Closed

FRTY Hedge Fund Activity: Q3 2023 in Review

13 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q3 2023, worth a combined $13.7M — up 6.5% from $12.9M a quarter earlier.

Buyers outnumbered sellers: 4 funds opened new FRTY positions and 1 closed out — a net gain of 3 holders — while 3 added to existing stakes and 5 trimmed.

The largest buyer was Wealth Enhancement Advisory Services, opening a new position worth an estimated $2M. The largest seller was UBS Group, cutting an estimated $303K.

  • 13 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q3 2023, up from 10 in Q2 2023.
  • Funds reported $13.7M of Alger Mid Cap 40 ETF stock for Q3 2023, up 6.5% quarter-over-quarter.
  • 4 funds opened new Alger Mid Cap 40 ETF positions in Q3 2023 and 1 closed out, a net change of +3 holders.
  • The largest Alger Mid Cap 40 ETF buyer in Q3 2023 was Wealth Enhancement Advisory Services, an estimated $2M added.
  • The largest Alger Mid Cap 40 ETF seller in Q3 2023 was UBS Group, an estimated $303K sold.

Based on aggregated 13F filings for Q3 2023.