First Trust Mid Cap Value AlphaDEX Fund
FNK
59 hedge funds and large institutions have $147M invested in First Trust Mid Cap Value AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
7% more funds holding
Funds holding: 55 → 59 (+4)
4% more capital invested
Capital invested by funds: $142M → $147M (+$5.02M)
0.7% more ownership
Funds ownership: 71.08% → 71.78% (+0.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.3M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$909K |
| 3 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$708K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$385K |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$308K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$1.27M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$588K |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$550K |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$390K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$249K |
FNK Hedge Fund Activity: Q1 2026 in Review
59 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2026, worth a combined $147M — up 3.5% from $142M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNK positions and 4 closed out — a net gain of 6 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.3M. The largest seller was Ashton Thomas Private Wealth, cutting an estimated $1.27M.
- 59 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2026, up from 55 in Q4 2025.
- Funds reported $147M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2026, up 3.5% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2026 and 4 closed out, a net change of +6 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2026 was Wells Fargo, an estimated $1.3M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2026 was Ashton Thomas Private Wealth, an estimated $1.27M sold.
Based on aggregated 13F filings for Q1 2026.