First Trust Mega Cap AlphaDEX Fund
FMK was delisted on the 11th of December, 2020.
19 hedge funds and large institutions have $6.66M invested in First Trust Mega Cap AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.
17% less funds holding
Funds holding: 23 → 19 (-4)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
25% less capital invested
Capital invested by funds: $8.88M → $6.66M (-$2.22M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.14M |
| 2 |
LPL Financial
San Diego,
California
|
+$619K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$48.1K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$19.2K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$253 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$804K |
| 2 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
-$590K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$229K |
| 4 |
Jane Street
New York
|
-$218K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$144K |
FMK Hedge Fund Activity: Q1 2020 in Review
19 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Mega Cap AlphaDEX Fund (FMK) for Q1 2020, worth a combined $6.66M — down 25% from $8.88M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of FMK and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $1.14M. The largest seller was Benjamin F. Edwards & Company, exiting entirely with an estimated $804K sold.
- 19 institutional investors held First Trust Mega Cap AlphaDEX Fund (FMK) as of Q1 2020, down from 23 in Q4 2019.
- Funds reported $6.66M of First Trust Mega Cap AlphaDEX Fund stock for Q1 2020, down 25% quarter-over-quarter.
- 2 funds opened new First Trust Mega Cap AlphaDEX Fund positions in Q1 2020 and 4 closed out, a net change of -2 holders.
- The largest First Trust Mega Cap AlphaDEX Fund buyer in Q1 2020 was Citadel Advisors, an estimated $1.14M added.
- The largest First Trust Mega Cap AlphaDEX Fund seller in Q1 2020 was Benjamin F. Edwards & Company, an estimated $804K sold.
Based on aggregated 13F filings for Q1 2020.