First Trust Mega Cap AlphaDEX Fund
FMK was delisted on the 11th of December, 2020.
17 hedge funds and large institutions have $5.89M invested in First Trust Mega Cap AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
6% more funds holding
Funds holding: 16 → 17 (+1)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
9% less capital invested
Capital invested by funds: $6.47M → $5.89M (-$586K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$174K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$127K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$64K |
| 4 |
LPL Financial
San Diego,
California
|
+$39.5K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$32K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$769K |
| 2 |
Morgan Stanley
New York
|
-$198K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$7.44K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.99K |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$3.72K |
FMK Hedge Fund Activity: Q1 2016 in Review
17 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Mega Cap AlphaDEX Fund (FMK) for Q1 2016, worth a combined $5.89M — down 9.1% from $6.47M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new FMK positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $174K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $769K sold.
- 17 institutional investors held First Trust Mega Cap AlphaDEX Fund (FMK) as of Q1 2016, up from 16 in Q4 2015.
- Funds reported $5.89M of First Trust Mega Cap AlphaDEX Fund stock for Q1 2016, down 9.1% quarter-over-quarter.
- 2 funds opened new First Trust Mega Cap AlphaDEX Fund positions in Q1 2016 and 1 closed out, a net change of +1 holder.
- The largest First Trust Mega Cap AlphaDEX Fund buyer in Q1 2016 was Bank of America, an estimated $174K added.
- The largest First Trust Mega Cap AlphaDEX Fund seller in Q1 2016 was Susquehanna International Group, an estimated $769K sold.
Based on aggregated 13F filings for Q1 2016.