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First Trust Mid Cap Value AlphaDEX Fund
FNK

27 hedge funds and large institutions have $54.1M invested in First Trust Mid Cap Value AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,700% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 1

700% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 1

269% more capital invested

Capital invested by funds: $14.7M → $54.1M (+$39.4M)

170% more funds holding

Funds holding: 10 → 27 (+17)

15.27% more ownership

Funds ownership: 40% → 55.27% (+15%)

Holders
27
Holders Change
+17
Holders Change %
+170%
% of All Funds
0.78%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
18
Increased
8
Reduced
1
Closed
1
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
HA
Hays Advisory
Tennessee
+$21.2M
2
Morgan Stanley
Morgan Stanley
New York
+$6.46M
3
Wells Fargo
Wells Fargo
California
+$4.52M
4
Jane Street
Jane Street
New York
+$1.76M
5
VAM
Visionary Asset Management
Texas
+$604K

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$734K
2
HFS
HL Financial Services
Kentucky
-$250K
Name Holding Trade Value Shares
Change 		Change in
Stake
JFA
26
JNBA Financial Advisors
Minnesota
$4K +$4.18K +136 New
NFG
27
Next Financial Group
Texas
$3K +$2.67K +87 New
HFS
28
HL Financial Services
Kentucky
– -$250K -8,199 Closed
1
2

FNK Hedge Fund Activity: Q2 2014 in Review

27 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q2 2014, worth a combined $54.1M — up 269% from $14.7M a quarter earlier.

Buyers outnumbered sellers: 18 funds opened new FNK positions and 1 closed out — a net gain of 17 holders — while 8 added to existing stakes and 1 trimmed.

The largest buyer was Hays Advisory, opening a new position worth an estimated $21.2M. The largest seller was Royal Bank of Canada, cutting an estimated $734K.

  • 27 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q2 2014, up from 10 in Q1 2014.
  • Funds reported $54.1M of First Trust Mid Cap Value AlphaDEX Fund stock for Q2 2014, up 269% quarter-over-quarter.
  • 18 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q2 2014 and 1 closed out, a net change of +17 holders.
  • The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q2 2014 was Hays Advisory, an estimated $21.2M added.
  • The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q2 2014 was Royal Bank of Canada, an estimated $734K sold.

Based on aggregated 13F filings for Q2 2014.