First Trust Mid Cap Value AlphaDEX Fund
FNK
28 hedge funds and large institutions have $26.5M invested in First Trust Mid Cap Value AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 12 increasing their positions, 3 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 27 → 28 (+1)
2.76% more ownership
Funds ownership: 53.9% → 56.66% (+2.8%)
5% more capital invested
Capital invested by funds: $25.2M → $26.5M (+$1.26M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$552K |
| 2 |
Morgan Stanley
New York
|
+$307K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$205K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$164K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$431K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$360K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$274K |
| 4 |
LPL Financial
San Diego,
California
|
-$164K |
| 5 |
SG Americas Securities
New York
|
-$161K |
FNK Hedge Fund Activity: Q2 2018 in Review
28 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q2 2018, worth a combined $26.5M — up 5% from $25.2M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new FNK positions and 2 closed out — a net gain of 1 holder — while 12 added to existing stakes and 3 trimmed.
The largest buyer was Bank of America, adding an estimated $552K. The largest seller was Susquehanna International Group, cutting an estimated $431K.
- 28 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q2 2018, up from 27 in Q1 2018.
- Funds reported $26.5M of First Trust Mid Cap Value AlphaDEX Fund stock for Q2 2018, up 5% quarter-over-quarter.
- 3 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q2 2018 and 2 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q2 2018 was Bank of America, an estimated $552K added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q2 2018 was Susquehanna International Group, an estimated $431K sold.
Based on aggregated 13F filings for Q2 2018.