First Trust Mid Cap Value AlphaDEX Fund
FNK
39 hedge funds and large institutions have $65.8M invested in First Trust Mid Cap Value AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 0 closing their positions.
266% more capital invested
Capital invested by funds: $18M → $65.8M (+$47.8M)
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
56% more funds holding
Funds holding: 25 → 39 (+14)
18.11% more ownership
Funds ownership: 49.76% → 67.87% (+18%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$12.4M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$7.41M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3M |
| 4 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
+$2.13M |
| 5 |
LPL Financial
San Diego,
California
|
+$2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$659K |
| 2 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$374K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$242K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$38.6K |
| 5 |
KP
Keel Point
Huntsville,
Alabama
|
-$34.3K |
FNK Hedge Fund Activity: Q1 2021 in Review
39 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2021, worth a combined $65.8M — up 266% from $18M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FNK positions and 0 closed out — a net gain of 15 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $12.4M. The largest seller was Bank of America, cutting an estimated $659K.
- 39 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2021, up from 25 in Q4 2020.
- Funds reported $65.8M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2021, up 266% quarter-over-quarter.
- 15 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2021 and 0 closed out, a net change of +15 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2021 was Morgan Stanley, an estimated $12.4M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2021 was Bank of America, an estimated $659K sold.
Based on aggregated 13F filings for Q1 2021.