Alger Mid Cap 40 ETF
FRTY
12 hedge funds and large institutions have $17.4M invested in Alger Mid Cap 40 ETF in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 2 closing their positions.
15% more capital invested
Capital invested by funds: $15.1M → $17.4M (+$2.32M)
2.82% less ownership
Funds ownership: 54.38% → 51.55% (-2.8%)
8% less funds holding
Funds holding: 13 → 12 (-1)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$783K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$604K |
| 3 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$24.8K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$22.3K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$13.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.11M |
| 2 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$329K |
| 3 |
FAM
Fred Alger Management
New York
|
-$223K |
| 4 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
-$43K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$35.7K |
FRTY Hedge Fund Activity: Q1 2024 in Review
12 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q1 2024, worth a combined $17.4M — up 15% from $15.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FRTY and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 5 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $783K. The largest seller was Susquehanna International Group, cutting an estimated $1.11M.
- 12 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q1 2024, down from 13 in Q4 2023.
- Funds reported $17.4M of Alger Mid Cap 40 ETF stock for Q1 2024, up 15% quarter-over-quarter.
- 1 fund opened new Alger Mid Cap 40 ETF positions in Q1 2024 and 2 closed out, a net change of -1 holder.
- The largest Alger Mid Cap 40 ETF buyer in Q1 2024 was Wealth Enhancement Advisory Services, an estimated $783K added.
- The largest Alger Mid Cap 40 ETF seller in Q1 2024 was Susquehanna International Group, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2024.