First Trust Mid Cap Value AlphaDEX Fund
FNK
32 hedge funds and large institutions have $29M invested in First Trust Mid Cap Value AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
7% more funds holding
Funds holding: 30 → 32 (+2)
2% less capital invested
Capital invested by funds: $29.6M → $29M (-$625K)
5.77% less ownership
Funds ownership: 70.79% → 65.02% (-5.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.3M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$264K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$262K |
| 4 |
LPL Financial
San Diego,
California
|
+$244K |
| 5 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
+$216K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.44M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$324K |
| 3 |
M&T Bank
Buffalo,
New York
|
-$248K |
| 4 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$240K |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$188K |
FNK Hedge Fund Activity: Q3 2016 in Review
32 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2016, worth a combined $29M — down 2.1% from $29.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNK positions and 3 closed out — a net gain of 3 holders — while 11 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $2.3M. The largest seller was Susquehanna International Group, cutting an estimated $1.44M.
- 32 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2016, up from 30 in Q2 2016.
- Funds reported $29M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2016, down 2.1% quarter-over-quarter.
- 6 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2016 and 3 closed out, a net change of +3 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2016 was Wells Fargo, an estimated $2.3M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2016 was Susquehanna International Group, an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2016.