First Trust Mid Cap Value AlphaDEX Fund
FNK
22 hedge funds and large institutions have $49M invested in First Trust Mid Cap Value AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 9 increasing their positions, 4 reducing their positions, and 5 closing their positions.
125% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 4
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
11% more capital invested
Capital invested by funds: $44.4M → $49M (+$4.69M)
5% more funds holding
Funds holding: 21 → 22 (+1)
3.33% more ownership
Funds ownership: 60.94% → 64.28% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.48M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$838K |
| 3 |
Goldman Sachs
New York
|
+$813K |
| 4 |
Jane Street
New York
|
+$408K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$395K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.44M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$412K |
| 3 |
M&T Bank
Buffalo,
New York
|
-$297K |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$214K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$12.6K |
FNK Hedge Fund Activity: Q1 2015 in Review
22 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2015, worth a combined $49M — up 11% from $44.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNK positions and 5 closed out — a net gain of 1 holder — while 9 added to existing stakes and 4 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.48M. The largest seller was Wells Fargo, cutting an estimated $2.44M.
- 22 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2015, up from 21 in Q4 2014.
- Funds reported $49M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2015, up 11% quarter-over-quarter.
- 6 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2015 and 5 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2015 was Morgan Stanley, an estimated $4.48M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2015 was Wells Fargo, an estimated $2.44M sold.
Based on aggregated 13F filings for Q1 2015.