First Trust Mid Cap Value AlphaDEX Fund
FNK
51 hedge funds and large institutions have $166M invested in First Trust Mid Cap Value AlphaDEX Fund in 2022 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 12 closing their positions.
21% more capital invested
Capital invested by funds: $138M → $166M (+$28.3M)
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0.14% more ownership
Funds ownership: 68.4% → 68.54% (+0.14%)
0% more funds holding
Funds holding: 51 → 51 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$8.57M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$7.25M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$5.84M |
| 4 |
RA
RiverTree Advisors
Winter Park,
Florida
|
+$3.99M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.81M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$2.36M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$2.36M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.74M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.6M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.37M |
FNK Hedge Fund Activity: Q1 2022 in Review
51 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2022, worth a combined $166M — up 21% from $138M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FNK positions and 12 closed out — a net gain of 1 holder — while 17 added to existing stakes and 15 trimmed.
The largest buyer was LPL Financial, adding an estimated $8.57M. The largest seller was Harvest Investment Services, exiting entirely with an estimated $2.36M sold.
- 51 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2022, unchanged from Q4 2021.
- Funds reported $166M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2022, up 21% quarter-over-quarter.
- 13 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2022 and 12 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2022 was LPL Financial, an estimated $8.57M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2022 was Harvest Investment Services, an estimated $2.36M sold.
Based on aggregated 13F filings for Q1 2022.