First Trust Mega Cap AlphaDEX Fund
FMK was delisted on the 11th of December, 2020.
22 hedge funds and large institutions have $9.07M invested in First Trust Mega Cap AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 4 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4% less funds holding
Funds holding: 23 → 22 (-1)
23% less capital invested
Capital invested by funds: $11.8M → $9.07M (-$2.69M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFAS
Level Four Advisory Services
Dallas,
Texas
|
+$207K |
| 2 |
LPL Financial
San Diego,
California
|
+$138K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$78.7K |
| 4 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$21.1K |
| 5 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.58M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$611K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$510K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$192K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$133K |
FMK Hedge Fund Activity: Q2 2019 in Review
22 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in First Trust Mega Cap AlphaDEX Fund (FMK) for Q2 2019, worth a combined $9.07M — down 23% from $11.8M a quarter earlier.
Fund positioning in FMK was balanced in Q2 2019: 4 funds opened new positions, 4 closed out, 8 added to existing stakes and 7 trimmed.
The largest buyer was Level Four Advisory Services, opening a new position worth an estimated $207K. The largest seller was Jane Street, exiting entirely with an estimated $1.58M sold.
- 22 institutional investors held First Trust Mega Cap AlphaDEX Fund (FMK) as of Q2 2019, down from 23 in Q1 2019.
- Funds reported $9.07M of First Trust Mega Cap AlphaDEX Fund stock for Q2 2019, down 23% quarter-over-quarter.
- 4 funds opened new First Trust Mega Cap AlphaDEX Fund positions in Q2 2019 and 4 closed out, a net change of 0 holders.
- The largest First Trust Mega Cap AlphaDEX Fund buyer in Q2 2019 was Level Four Advisory Services, an estimated $207K added.
- The largest First Trust Mega Cap AlphaDEX Fund seller in Q2 2019 was Jane Street, an estimated $1.58M sold.
Based on aggregated 13F filings for Q2 2019.