First Trust Mid Cap Value AlphaDEX Fund
FNK
10 hedge funds and large institutions have $10.1M invested in First Trust Mid Cap Value AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
33% more capital invested
Capital invested by funds: $7.6M → $10.1M (+$2.53M)
25% more funds holding
Funds holding: 8 → 10 (+2)
0.86% more ownership
Funds ownership: 43.44% → 44.3% (+0.86%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.2M |
| 2 |
Morgan Stanley
New York
|
+$1.19M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$61.7K |
| 4 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$12.6K |
| 5 |
AIG
American International Group
New York
|
+$12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$537K |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$2.11K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$26 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $4.87M | +$1.19M | +45,035 | +33% |
|
2
Wells Fargo
San Francisco,
California
| $2.9M | +$2.27K | +86 | +0.1% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.22M | +$1.2M | +45,438 | New |
|
|
KIA
4
KCM Investment Advisors
Greenbrae,
California
| $393K | +$12.6K | +477 | +3% |
|
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $357K | +$61.7K | +2,333 | +21% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $285K | -$26 | -1 | -0% |
|
7
Ameriprise
Minneapolis,
Minnesota
| $60K | – | – | – |
|
|
U
8
UBS
Zurich,
Switzerland
| $19K | -$2.11K | -80 | -10% |
|
|
AIG
9
American International Group
New York
| $12.2K | +$12K | +455 | New |
|
10
Bank of America
Charlotte,
North Carolina
| $6K | +$5.89K | +223 | New |
|
|
CS
11
Credit Suisse
Zurich,
Switzerland
| – | -$537K | -21,491 | Closed |
|
FNK Hedge Fund Activity: Q3 2013 in Review
10 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2013, worth a combined $10.1M — up 33% from $7.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNK positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.2M. The largest seller was Credit Suisse, exiting entirely with an estimated $537K sold.
- 10 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2013, up from 8 in Q2 2013.
- Funds reported $10.1M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2013, up 33% quarter-over-quarter.
- 3 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2013 and 1 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2013 was Susquehanna International Group, an estimated $1.2M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2013 was Credit Suisse, an estimated $537K sold.
Based on aggregated 13F filings for Q3 2013.