First Trust Mid Cap Value AlphaDEX Fund
FNK
30 hedge funds and large institutions have $27.1M invested in First Trust Mid Cap Value AlphaDEX Fund in 2018 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
7% more funds holding
Funds holding: 28 → 30 (+2)
2% more capital invested
Capital invested by funds: $26.5M → $27.1M (+$648K)
2.01% less ownership
Funds ownership: 56.66% → 54.65% (-2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$253K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$218K |
| 3 |
SG
StoneX Group
New York
|
+$218K |
| 4 |
Morgan Stanley
New York
|
+$190K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$182K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$342K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$201K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$171K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$146K |
| 5 |
LI
LVZ Inc
Holland,
Michigan
|
-$60.8K |
FNK Hedge Fund Activity: Q3 2018 in Review
30 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2018, worth a combined $27.1M — up 2.4% from $26.5M 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 D.A. Davidson & Co, opening a new position worth an estimated $253K. The largest seller was Bank of America, cutting an estimated $342K.
- 30 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2018, up from 28 in Q2 2018.
- Funds reported $27.1M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2018, up 2.4% quarter-over-quarter.
- 3 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2018 and 1 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2018 was D.A. Davidson & Co, an estimated $253K added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2018 was Bank of America, an estimated $342K sold.
Based on aggregated 13F filings for Q3 2018.