First Trust Mid Cap Value AlphaDEX Fund
FNK
24 hedge funds and large institutions have $43M invested in First Trust Mid Cap Value AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
9% more funds holding
Funds holding: 22 → 24 (+2)
2.76% more ownership
Funds ownership: 63.68% → 66.44% (+2.8%)
14% less capital invested
Capital invested by funds: $50M → $43M (-$6.96M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.28M |
| 2 |
Jane Street
New York
|
+$530K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
+$222K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$210K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$74.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.25M |
| 2 |
HF
HRT Financial
New York
|
-$460K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$258K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$148K |
| 5 |
LPL Financial
San Diego,
California
|
-$61.9K |
FNK Hedge Fund Activity: Q3 2015 in Review
24 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2015, worth a combined $43M — down 14% from $50M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNK positions and 1 closed out — a net gain of 2 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.28M. The largest seller was Morgan Stanley, cutting an estimated $2.25M.
- 24 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2015, up from 22 in Q2 2015.
- Funds reported $43M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2015, down 14% quarter-over-quarter.
- 3 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2015 and 1 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2015 was Citadel Advisors, an estimated $1.28M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2015 was Morgan Stanley, an estimated $2.25M sold.
Based on aggregated 13F filings for Q3 2015.