Alger Mid Cap 40 ETF
FRTY
18 hedge funds and large institutions have $35.2M invested in Alger Mid Cap 40 ETF in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
66% more capital invested
Capital invested by funds: $21.3M → $35.2M (+$14M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
38% more funds holding
Funds holding: 13 → 18 (+5)
7.73% more ownership
Funds ownership: 57.56% → 65.29% (+7.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$7.33M |
| 2 |
PFG
Prosperity Financial Group
San Ramon,
California
|
+$2.11M |
| 3 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
+$1.34M |
| 4 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$653K |
| 5 |
MASUI
MIRAE ASSET SECURITIES (USA) INC.
New York
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$721K |
| 2 |
CFD
Creative Financial Designs
Kokomo,
Indiana
|
-$91.3K |
| 3 |
FAM
Fred Alger Management
New York
|
-$69.7K |
| 4 |
SIG
Sargent Investment Group
Bethesda,
Maryland
|
-$17.6K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$8.49K |
FRTY Hedge Fund Activity: Q3 2024 in Review
18 of the 6,979 institutional investors tracked by Wall St. Rank reported a position in Alger Mid Cap 40 ETF (FRTY) for Q3 2024, worth a combined $35.2M — up 66% from $21.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FRTY positions and 1 closed out — a net gain of 5 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $7.33M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $721K sold.
- 18 institutional investors held Alger Mid Cap 40 ETF (FRTY) as of Q3 2024, up from 13 in Q2 2024.
- Funds reported $35.2M of Alger Mid Cap 40 ETF stock for Q3 2024, up 66% quarter-over-quarter.
- 6 funds opened new Alger Mid Cap 40 ETF positions in Q3 2024 and 1 closed out, a net change of +5 holders.
- The largest Alger Mid Cap 40 ETF buyer in Q3 2024 was Wealth Enhancement Advisory Services, an estimated $7.33M added.
- The largest Alger Mid Cap 40 ETF seller in Q3 2024 was Susquehanna International Group, an estimated $721K sold.
Based on aggregated 13F filings for Q3 2024.