First Trust Mid Cap Value AlphaDEX Fund
FNK
30 hedge funds and large institutions have $29.9M invested in First Trust Mid Cap Value AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
3% more funds holding
Funds holding: 29 → 30 (+1)
5.36% less ownership
Funds ownership: 59.61% → 54.25% (-5.4%)
9% less capital invested
Capital invested by funds: $32.8M → $29.9M (-$2.97M)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.96M |
| 2 |
TSS
Two Sigma Securities
New York
|
+$251K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$238K |
| 4 |
VF
Virtu Financial
New York
|
+$229K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.27M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$875K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$523K |
| 4 |
Morgan Stanley
New York
|
-$415K |
| 5 |
LPL Financial
San Diego,
California
|
-$311K |
FNK Hedge Fund Activity: Q3 2017 in Review
30 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2017, worth a combined $29.9M — down 9% from $32.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new FNK positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.96M. The largest seller was Wells Fargo, cutting an estimated $4.27M.
- 30 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2017, up from 29 in Q2 2017.
- Funds reported $29.9M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2017, down 9% quarter-over-quarter.
- 4 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2017 and 2 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2017 was Raymond James & Associates, an estimated $1.96M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2017 was Wells Fargo, an estimated $4.27M sold.
Based on aggregated 13F filings for Q3 2017.