First Trust Mid Cap Value AlphaDEX Fund
FNK
26 hedge funds and large institutions have $26M invested in First Trust Mid Cap Value AlphaDEX Fund in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
117% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 6
8% more funds holding
Funds holding: 24 → 26 (+2)
8.52% less ownership
Funds ownership: 66.44% → 57.92% (-8.5%)
40% less capital invested
Capital invested by funds: $43M → $26M (-$17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.64M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.53M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$291K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$258K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11M |
| 2 |
Goldman Sachs
New York
|
-$9.94M |
| 3 |
Jane Street
New York
|
-$266K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$169K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$73.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$14K | -516 | Closed |
|
FNK Hedge Fund Activity: Q4 2015 in Review
26 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q4 2015, worth a combined $26M — down 40% from $43M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNK positions and 1 closed out — a net gain of 2 holders — while 13 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.64M. The largest seller was Morgan Stanley, cutting an estimated $11M.
- 26 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q4 2015, up from 24 in Q3 2015.
- Funds reported $26M of First Trust Mid Cap Value AlphaDEX Fund stock for Q4 2015, down 40% quarter-over-quarter.
- 3 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q4 2015 and 1 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q4 2015 was Susquehanna International Group, an estimated $1.64M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q4 2015 was Morgan Stanley, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2015.