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First Trust Mid Cap Value AlphaDEX Fund
FNK

39 hedge funds and large institutions have $65.8M invested in First Trust Mid Cap Value AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

266% more capital invested

Capital invested by funds: $18M → $65.8M (+$47.8M)

120% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 5

56% more funds holding

Funds holding: 25 → 39 (+14)

18.11% more ownership

Funds ownership: 49.76% → 67.87% (+18%)

Holders
39
Holders Change
+14
Holders Change %
+56%
% of All Funds
0.68%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
15
Increased
11
Reduced
5
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Morgan Stanley
Morgan Stanley
New York
+$12.4M
2
FHC
First Heartland Consultants
Missouri
+$7.41M
3
RJFSA
Raymond James Financial Services Advisors
Florida
+$3M
4
HIS
Harvest Investment Services
Illinois
+$2.13M
5
LPL Financial
LPL Financial
California
+$2M

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$659K
2
WP
WealthSource Partners
California
-$374K
3
Stifel Financial
Stifel Financial
Missouri
-$242K
4
UBS Group
UBS Group
Switzerland
-$38.6K
5
KP
Keel Point
Alabama
-$34.3K
Name Holding Trade Value Shares
Change 		Change in
Stake
RJA
26
Raymond James & Associates
Florida
$501K +$466K +11,683 New
PA
27
PFG Advisors
Arizona
$332K +$309K +7,748 New
DADC
28
D.A. Davidson & Co
Montana
$327K +$59K +1,480 +24%
Thrivent Financial for Lutherans
29
Thrivent Financial for Lutherans
Minnesota
$254K – – –
SL
30
Savior LLC
Massachusetts
$250K +$233K +5,843 New
MCC
31
Money Concepts Capital
Florida
$157K +$146K +3,654 New
FFA
32
Founders Financial Alliance
North Carolina
$132K – – –
APA
33
American Portfolios Advisors
New York
$112K – – –
HI
34
Harbour Investments
Wisconsin
$29K +$27.4K +687 New
SFPG
35
Stonebridge Financial Planning Group
Florida
$22K – – –
CFGS
36
Concourse Financial Group Securities
Alabama
$20K – – –
VFA
37
Valeo Financial Advisors
Indiana
$19K +$17.5K +439 New
PNC Financial Services Group
38
PNC Financial Services Group
Pennsylvania
$10K – – –
GEA
39
Glen Eagle Advisors
New Jersey
$8.57K – – –
AWA
40
Arkadios Wealth Advisors
Georgia
$8K – – –
SPIA
41
Steward Partners Investment Advisory
New York
$7.07K – – –
1
2

FNK Hedge Fund Activity: Q1 2021 in Review

39 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2021, worth a combined $65.8M — up 266% from $18M a quarter earlier.

Buyers outnumbered sellers: 15 funds opened new FNK positions and 0 closed out — a net gain of 15 holders — while 11 added to existing stakes and 5 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $12.4M. The largest seller was Bank of America, cutting an estimated $659K.

  • 39 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2021, up from 25 in Q4 2020.
  • Funds reported $65.8M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2021, up 266% quarter-over-quarter.
  • 15 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2021 and 0 closed out, a net change of +15 holders.
  • The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2021 was Morgan Stanley, an estimated $12.4M added.
  • The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2021 was Bank of America, an estimated $659K sold.

Based on aggregated 13F filings for Q1 2021.