First Trust Mid Cap Value AlphaDEX Fund
FNK
51 hedge funds and large institutions have $106M invested in First Trust Mid Cap Value AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 16 funds opening new positions, 21 increasing their positions, 10 reducing their positions, and 3 closing their positions.
433% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 3
110% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 10
61% more capital invested
Capital invested by funds: $65.8M → $106M (+$40.2M)
31% more funds holding
Funds holding: 39 → 51 (+12)
0.96% more ownership
Funds ownership: 67.87% → 68.83% (+0.96%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.19M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.47M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.99M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.06M |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$3.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.38M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.25M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.04M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$941K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$552K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GEA
51
Glen Eagle Advisors
Kingston,
New Jersey
| $8.89K | – | – | – |
|
|
AWA
52
Arkadios Wealth Advisors
Atlanta,
Georgia
| $8K | +$45 | +1 | +0.5% |
|
53
Fidelity Investments
Boston,
Massachusetts
| $1K | +$857 | +19 | New |
|
|
OMC
54
Old Mission Capital
Chicago,
Illinois
| – | -$1.38M | -32,174 | Closed |
|
|
55
Bank of America
Charlotte,
North Carolina
| – | -$1.25M | -29,083 | Closed |
|
|
VFA
56
Valeo Financial Advisors
Carmel,
Indiana
| – | -$19K | -439 | Closed |
|
FNK Hedge Fund Activity: Q2 2021 in Review
51 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q2 2021, worth a combined $106M — up 61% from $65.8M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FNK positions and 3 closed out — a net gain of 13 holders — while 21 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.19M. The largest seller was Old Mission Capital, exiting entirely with an estimated $1.38M sold.
- 51 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q2 2021, up from 39 in Q1 2021.
- Funds reported $106M of First Trust Mid Cap Value AlphaDEX Fund stock for Q2 2021, up 61% quarter-over-quarter.
- 16 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q2 2021 and 3 closed out, a net change of +13 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q2 2021 was Morgan Stanley, an estimated $9.19M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q2 2021 was Old Mission Capital, an estimated $1.38M sold.
Based on aggregated 13F filings for Q2 2021.