First Trust Mid Cap Value AlphaDEX Fund
FNK
30 hedge funds and large institutions have $30.7M invested in First Trust Mid Cap Value AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
2.1% more ownership
Funds ownership: 54.25% → 56.35% (+2.1%)
3% more capital invested
Capital invested by funds: $29.9M → $30.7M (+$788K)
0% more funds holding
Funds holding: 30 → 30 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$874K |
| 2 |
Morgan Stanley
New York
|
+$649K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$392K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$232K |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.74M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$363K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$270K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$259K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
26
Calton & Associates
Tampa,
Florida
| $13K | +$13K | +370 | New |
|
27
Citigroup
New York
| $8K | – | – | – |
|
|
FHA
28
First Horizon Advisors
Memphis,
Tennessee
| $8K | +$8.54K | +243 | New |
|
|
SPIA
29
Steward Partners Investment Advisory
New York
| $7K | – | – | – |
|
|
30
Ameriprise
Minneapolis,
Minnesota
| – | -$363K | -10,541 | Closed |
|
|
TSS
31
Two Sigma Securities
New York
| – | -$259K | -7,520 | Closed |
|
32
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$245K | -7,125 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$236K | -6,857 | Closed |
|
FNK Hedge Fund Activity: Q4 2017 in Review
30 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q4 2017, worth a combined $30.7M — up 2.6% from $29.9M a quarter earlier.
Fund positioning in FNK was balanced in Q4 2017: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $874K. The largest seller was Credit Suisse, cutting an estimated $1.74M.
- 30 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $30.7M of First Trust Mid Cap Value AlphaDEX Fund stock for Q4 2017, up 2.6% quarter-over-quarter.
- 4 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q4 2017 and 4 closed out, a net change of 0 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q4 2017 was Jane Street, an estimated $874K added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q4 2017 was Credit Suisse, an estimated $1.74M sold.
Based on aggregated 13F filings for Q4 2017.