First Trust Mid Cap Value AlphaDEX Fund
FNK
10 hedge funds and large institutions have $14.7M invested in First Trust Mid Cap Value AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 0 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
41% more capital invested
Capital invested by funds: $10.4M → $14.7M (+$4.24M)
11% more funds holding
Funds holding: 9 → 10 (+1)
3.03% more ownership
Funds ownership: 36.97% → 40% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.48M |
| 2 |
Morgan Stanley
New York
|
+$1.29M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$598K |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$242K |
| 5 |
LPL Financial
San Diego,
California
|
+$197K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
-$234K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $5.61M | +$1.29M | +43,619 | +31% |
|
2
Wells Fargo
San Francisco,
California
| $3.84M | +$69K | +2,339 | +2% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.43M | +$1.48M | +50,260 | +171% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.11M | +$598K | +20,272 | +125% |
|
5
Commonwealth Equity Services
Waltham,
Massachusetts
| $479K | +$68.2K | +2,313 | +17% |
|
|
6
LPL Financial
San Diego,
California
| $427K | +$197K | +6,665 | +91% |
|
|
KIA
7
KCM Investment Advisors
Greenbrae,
California
| $268K | -$234K | -7,920 | -47% |
|
|
HFS
8
HL Financial Services
Louisville,
Kentucky
| $250K | +$242K | +8,199 | New |
|
9
Bank of America
Charlotte,
North Carolina
| $156K | +$69.2K | +2,346 | +85% |
|
10
Ameriprise
Minneapolis,
Minnesota
| $83K | +$20K | +678 | +33% |
|
FNK Hedge Fund Activity: Q1 2014 in Review
10 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2014, worth a combined $14.7M — up 41% from $10.4M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new FNK positions and 0 closed out — a net gain of 1 holder — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.48M. The largest seller was KCM Investment Advisors, cutting an estimated $234K.
- 10 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $14.7M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2014, up 41% quarter-over-quarter.
- 1 fund opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2014 and 0 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2014 was Susquehanna International Group, an estimated $1.48M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2014 was KCM Investment Advisors, an estimated $234K sold.
Based on aggregated 13F filings for Q1 2014.