First Trust Mega Cap AlphaDEX Fund
FMK was delisted on the 11th of December, 2020.
16 hedge funds and large institutions have $6.59M invested in First Trust Mega Cap AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 2 closing their positions.
1% less capital invested
Capital invested by funds: $6.66M → $6.59M (-$71K)
16% less funds holding
Funds holding: 19 → 16 (-3)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$326K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$270K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.89K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$235 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$547K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$377K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$320K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$257K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$66.5K |
FMK Hedge Fund Activity: Q2 2020 in Review
16 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Mega Cap AlphaDEX Fund (FMK) for Q2 2020, worth a combined $6.59M — down 1.1% from $6.66M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of FMK and 0 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was LPL Financial, adding an estimated $326K. The largest seller was Susquehanna International Group, cutting an estimated $547K.
- 16 institutional investors held First Trust Mega Cap AlphaDEX Fund (FMK) as of Q2 2020, down from 19 in Q1 2020.
- Funds reported $6.59M of First Trust Mega Cap AlphaDEX Fund stock for Q2 2020, down 1.1% quarter-over-quarter.
- 0 funds opened new First Trust Mega Cap AlphaDEX Fund positions in Q2 2020 and 2 closed out, a net change of -2 holders.
- The largest First Trust Mega Cap AlphaDEX Fund buyer in Q2 2020 was LPL Financial, an estimated $326K added.
- The largest First Trust Mega Cap AlphaDEX Fund seller in Q2 2020 was Susquehanna International Group, an estimated $547K sold.
Based on aggregated 13F filings for Q2 2020.