First Trust Mid Cap Value AlphaDEX Fund
FNK
52 hedge funds and large institutions have $149M invested in First Trust Mid Cap Value AlphaDEX Fund in 2022 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
2% more funds holding
Funds holding: 51 → 52 (+1)
0.94% more ownership
Funds ownership: 68.54% → 69.48% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
10% less capital invested
Capital invested by funds: $166M → $149M (-$17.3M)
11% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$13.2M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$1.51M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.35M |
| 4 |
AWAG
ARS Wealth Advisors Group
St. Petersburg,
Florida
|
+$1.22M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.15M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$2.73M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.5M |
| 4 |
TCM
Triumph Capital Management
Denver,
Colorado
|
-$1.49M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$984K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Fidelity Investments
Boston,
Massachusetts
| $1K | – | – | – |
|
|
GRP
52
Global Retirement Partners
San Rafael,
California
| $1K | – | – | – |
|
|
TCM
53
Triumph Capital Management
Denver,
Colorado
| – | -$1.49M | -31,942 | Closed |
|
|
MCC
54
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$627K | -13,455 | Closed |
|
|
PFS
55
Prospera Financial Services
Dallas,
Texas
| – | -$473K | -10,150 | Closed |
|
56
Envestnet Asset Management
Chicago,
Illinois
| – | -$368K | -7,897 | Closed |
|
|
ASN
57
Advisory Services Network
Atlanta,
Georgia
| – | -$278K | -5,954 | Closed |
|
|
S
58
SignatureFD
Atlanta,
Georgia
| – | -$110K | -2,356 | Closed |
|
59
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -51 | Closed |
|
FNK Hedge Fund Activity: Q2 2022 in Review
52 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q2 2022, worth a combined $149M — down 10% from $166M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNK positions and 7 closed out — a net gain of 1 holder — while 16 added to existing stakes and 18 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $13.2M. The largest seller was Morgan Stanley, cutting an estimated $7.15M.
- 52 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q2 2022, up from 51 in Q1 2022.
- Funds reported $149M of First Trust Mid Cap Value AlphaDEX Fund stock for Q2 2022, down 10% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q2 2022 and 7 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q2 2022 was Raymond James Financial Services Advisors, an estimated $13.2M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q2 2022 was Morgan Stanley, an estimated $7.15M sold.
Based on aggregated 13F filings for Q2 2022.