First Trust Mid Cap Value AlphaDEX Fund
FNK
53 hedge funds and large institutions have $138M invested in First Trust Mid Cap Value AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 25 increasing their positions, 12 reducing their positions, and 3 closing their positions.
108% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 12
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
2% more funds holding
Funds holding: 52 → 53 (+1)
0.77% more ownership
Funds ownership: 69.48% → 70.25% (+0.77%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less capital invested
Capital invested by funds: $149M → $138M (-$10.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$5.93M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.77M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.08M |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$814K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$16.6M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$651K |
| 3 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$628K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$541K |
| 5 |
AWAG
ARS Wealth Advisors Group
St. Petersburg,
Florida
|
-$152K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWSG
51
GPS Wealth Strategies Group
Centennial,
Colorado
| $3K | +$2.87K | +67 | New |
|
52
Fidelity Investments
Boston,
Massachusetts
| $1K | -$86 | -2 | -11% |
|
|
MOS
53
MGO One Seven
Beachwood,
Ohio
| $311 | – | – | – |
|
|
GIA
54
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
| – | -$651K | -15,996 | Closed |
|
|
ARC
55
Advisor Resource Council
Dallas,
Texas
| – | -$628K | -15,439 | Closed |
|
56
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$4K | -100 | Closed |
|
FNK Hedge Fund Activity: Q3 2022 in Review
53 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2022, worth a combined $138M — down 7.3% from $149M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNK positions and 3 closed out — a net gain of 1 holder — while 25 added to existing stakes and 12 trimmed.
The largest buyer was Total Investment Management, adding an estimated $5.93M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $16.6M.
- 53 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2022, up from 52 in Q2 2022.
- Funds reported $138M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2022, down 7.3% quarter-over-quarter.
- 4 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2022 and 3 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2022 was Total Investment Management, an estimated $5.93M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2022 was Raymond James Financial Services Advisors, an estimated $16.6M sold.
Based on aggregated 13F filings for Q3 2022.