First Trust Mid Cap Value AlphaDEX Fund
FNK
27 hedge funds and large institutions have $54.1M invested in First Trust Mid Cap Value AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 1 closing their positions.
1,700% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 1
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
269% more capital invested
Capital invested by funds: $14.7M → $54.1M (+$39.4M)
170% more funds holding
Funds holding: 10 → 27 (+17)
15.27% more ownership
Funds ownership: 40% → 55.27% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$21.2M |
| 2 |
Morgan Stanley
New York
|
+$6.46M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.52M |
| 4 |
Jane Street
New York
|
+$1.76M |
| 5 |
VAM
Visionary Asset Management
Houston,
Texas
|
+$604K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$734K |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$250K |
FNK Hedge Fund Activity: Q2 2014 in Review
27 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q2 2014, worth a combined $54.1M — up 269% from $14.7M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FNK positions and 1 closed out — a net gain of 17 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was Hays Advisory, opening a new position worth an estimated $21.2M. The largest seller was Royal Bank of Canada, cutting an estimated $734K.
- 27 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q2 2014, up from 10 in Q1 2014.
- Funds reported $54.1M of First Trust Mid Cap Value AlphaDEX Fund stock for Q2 2014, up 269% quarter-over-quarter.
- 18 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q2 2014 and 1 closed out, a net change of +17 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q2 2014 was Hays Advisory, an estimated $21.2M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q2 2014 was Royal Bank of Canada, an estimated $734K sold.
Based on aggregated 13F filings for Q2 2014.