First Trust Mega Cap AlphaDEX Fund
FMK was delisted on the 11th of December, 2020.
15 hedge funds and large institutions have $3.48M invested in First Trust Mega Cap AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 3 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
6% less funds holding
Funds holding: 16 → 15 (-1)
26% less capital invested
Capital invested by funds: $4.68M → $3.48M (-$1.2M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$212K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$139K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$92.6K |
| 4 |
LPL Financial
San Diego,
California
|
+$27.1K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$18.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.48M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$202K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$94.1K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$9K |
FMK Hedge Fund Activity: Q2 2017 in Review
15 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Mega Cap AlphaDEX Fund (FMK) for Q2 2017, worth a combined $3.48M — down 26% from $4.68M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of FMK and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 7 added.
The largest buyer was Commonwealth Equity Services, opening a new position worth an estimated $212K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.48M sold.
- 15 institutional investors held First Trust Mega Cap AlphaDEX Fund (FMK) as of Q2 2017, down from 16 in Q1 2017.
- Funds reported $3.48M of First Trust Mega Cap AlphaDEX Fund stock for Q2 2017, down 26% quarter-over-quarter.
- 2 funds opened new First Trust Mega Cap AlphaDEX Fund positions in Q2 2017 and 3 closed out, a net change of -1 holder.
- The largest First Trust Mega Cap AlphaDEX Fund buyer in Q2 2017 was Commonwealth Equity Services, an estimated $212K added.
- The largest First Trust Mega Cap AlphaDEX Fund seller in Q2 2017 was Susquehanna International Group, an estimated $1.48M sold.
Based on aggregated 13F filings for Q2 2017.