First Trust Mid Cap Value AlphaDEX Fund
FNK
51 hedge funds and large institutions have $138M invested in First Trust Mid Cap Value AlphaDEX Fund in 2021 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 18 increasing their positions, 10 reducing their positions, and 4 closing their positions.
250% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 4
86% more capital invested
Capital invested by funds: $74M → $138M (+$63.6M)
80% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 10
24% more funds holding
Funds holding: 41 → 51 (+10)
8.89% more ownership
Funds ownership: 59.51% → 68.4% (+8.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$47.3M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$6M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.73M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$2.64M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$2.62M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$2.26M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.72M |
| 4 |
Morgan Stanley
New York
|
-$1.04M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$898K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $5K | – | – | – |
|
|
SFPG
52
Stonebridge Financial Planning Group
Orlando,
Florida
| $5K | – | – | – |
|
53
Fidelity Investments
Boston,
Massachusetts
| $1K | – | – | – |
|
|
SWP
54
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$2.62M | -59,161 | Closed |
|
|
FTUS
55
Flow Traders U.S.
New York
| – | -$1.72M | -38,942 | Closed |
|
|
WP
56
WealthSource Partners
San Luis Obispo,
California
| – | -$898K | -20,275 | Closed |
|
|
PA
57
PFG Advisors
Phoenix,
Arizona
| – | -$270K | -6,099 | Closed |
|
FNK Hedge Fund Activity: Q4 2021 in Review
51 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q4 2021, worth a combined $138M — up 86% from $74M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNK positions and 4 closed out — a net gain of 10 holders — while 18 added to existing stakes and 10 trimmed.
The largest buyer was Total Investment Management, opening a new position worth an estimated $47.3M. The largest seller was Stratos Wealth Partners, exiting entirely with an estimated $2.62M sold.
- 51 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q4 2021, up from 41 in Q3 2021.
- Funds reported $138M of First Trust Mid Cap Value AlphaDEX Fund stock for Q4 2021, up 86% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q4 2021 and 4 closed out, a net change of +10 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q4 2021 was Total Investment Management, an estimated $47.3M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q4 2021 was Stratos Wealth Partners, an estimated $2.62M sold.
Based on aggregated 13F filings for Q4 2021.