First Trust Mega Cap AlphaDEX Fund
FMK was delisted on the 11th of December, 2020.
23 hedge funds and large institutions have $11.8M invested in First Trust Mega Cap AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
10% more funds holding
Funds holding: 21 → 23 (+2)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
45% less capital invested
Capital invested by funds: $21.2M → $11.8M (-$9.44M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$844K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$362K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$227K |
| 4 |
LPL Financial
San Diego,
California
|
+$162K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$99.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.55M |
| 2 |
Jane Street
New York
|
-$3.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.76M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.25M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.24M |
FMK Hedge Fund Activity: Q1 2019 in Review
23 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Mega Cap AlphaDEX Fund (FMK) for Q1 2019, worth a combined $11.8M — down 45% from $21.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FMK positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Benjamin F. Edwards & Company, opening a new position worth an estimated $844K. The largest seller was Deutsche Bank, cutting an estimated $4.55M.
- 23 institutional investors held First Trust Mega Cap AlphaDEX Fund (FMK) as of Q1 2019, up from 21 in Q4 2018.
- Funds reported $11.8M of First Trust Mega Cap AlphaDEX Fund stock for Q1 2019, down 45% quarter-over-quarter.
- 3 funds opened new First Trust Mega Cap AlphaDEX Fund positions in Q1 2019 and 1 closed out, a net change of +2 holders.
- The largest First Trust Mega Cap AlphaDEX Fund buyer in Q1 2019 was Benjamin F. Edwards & Company, an estimated $844K added.
- The largest First Trust Mega Cap AlphaDEX Fund seller in Q1 2019 was Deutsche Bank, an estimated $4.55M sold.
Based on aggregated 13F filings for Q1 2019.