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First Trust Mid Cap Value AlphaDEX Fund

62 hedge funds and large institutions have $165M invested in First Trust Mid Cap Value AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

7% more funds holding

Funds holding: 5862 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.7% less ownership

Funds ownership: 74.67%69.97% (-4.7%)

10% less capital invested

Capital invested by funds: $183M → $165M (-$18M)

11% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 18

Holders
62
Holders Change
+4
Holders Change %
+6.9%
% of All Funds
0.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
9
Increased
16
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TRCT
26
Tower Research Capital (TRC)
New York
$644K +$507K +10,033 +539%
KP
27
Keel Point
Alabama
$544K -$6.77K -134 -1%
CA
28
Cetera Advisors
Colorado
$526K +$104K +2,062 +27%
PAG
29
Private Advisor Group
New Jersey
$365K -$98.2K -1,944 -22%
DADC
30
D.A. Davidson & Co
Montana
$365K -$2.17K -43 -0.6%
LFAS
31
Level Four Advisory Services
Texas
$312K
TA
32
TKG Advisors
Indiana
$294K +$4.75K +94 +2%
CAN
33
Cetera Advisor Networks
California
$284K +$64.5K +1,276 +32%
AWA
34
Arkadios Wealth Advisors
Georgia
$279K +$606 +12 +0.2%
JIP
35
Jaffetilchin Investment Partners
Florida
$256K +$239K +4,729 New
PTC
36
Private Trust Company
Ohio
$249K
PWA
37
PCG Wealth Advisors
Kansas
$238K +$222K +4,395 New
RJFSA
38
Raymond James Financial Services Advisors
Florida
$231K -$9.46M -187,232 -98%
FFA
39
Founders Financial Alliance
North Carolina
$153K
NS
40
NBC Securities
Alabama
$62K
GI
41
GAMMA Investing
California
$50.4K
HI
42
Harbour Investments
Wisconsin
$47.7K
GWM
43
Geneos Wealth Management
Colorado
$43.3K
Carson Wealth (CWM LLC)
44
Carson Wealth (CWM LLC)
Nebraska
$31K
Jones Financial Companies
45
Jones Financial Companies
Missouri
$26K +$24.3K +480 New
SPIA
46
Steward Partners Investment Advisory
New York
$23.3K
AF
47
Allworth Financial
California
$22.9K +$21.3K +422 New
CFGS
48
Concourse Financial Group Securities
Alabama
$19.9K
Comerica Bank
49
Comerica Bank
Texas
$15.1K +$14.1K +279 New
FFA
50
Farther Finance Advisors
California
$14.9K +$14K +278 New

FNK Hedge Fund Activity: Q1 2024 in Review

62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2024, worth a combined $165M — down 9.8% from $183M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FNK positions and 4 closed out — a net gain of 5 holders — while 16 added to existing stakes and 18 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.79M. The largest seller was Morgan Stanley, cutting an estimated $10.4M.

  • 62 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2024, up from 58 in Q4 2023.
  • Funds reported $165M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2024, down 9.8% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2024 and 4 closed out, a net change of +5 holders.
  • The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2024 was Susquehanna International Group, an estimated $2.79M added.
  • The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2024.