First Trust Mid Cap Value AlphaDEX Fund
FNK
62 hedge funds and large institutions have $159M invested in First Trust Mid Cap Value AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 3 closing their positions.
333% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 3
17% more funds holding
Funds holding: 53 → 62 (+9)
15% more capital invested
Capital invested by funds: $138M → $159M (+$21M)
0.06% more ownership
Funds ownership: 70.25% → 70.31% (+0.06%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$8.72M |
| 2 |
OPOWM
One Plus One Wealth Management
Jupiter,
Florida
|
+$3.48M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.46M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$1.37M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$907K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.86M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.8M |
| 3 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$3.7M |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.75M |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.26M |
FNK Hedge Fund Activity: Q4 2022 in Review
62 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q4 2022, worth a combined $159M — up 15% from $138M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FNK positions and 3 closed out — a net gain of 10 holders — while 17 added to existing stakes and 21 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $8.72M. The largest seller was Wells Fargo, cutting an estimated $3.86M.
- 62 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q4 2022, up from 53 in Q3 2022.
- Funds reported $159M of First Trust Mid Cap Value AlphaDEX Fund stock for Q4 2022, up 15% quarter-over-quarter.
- 13 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q4 2022 and 3 closed out, a net change of +10 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q4 2022 was Raymond James Financial Services Advisors, an estimated $8.72M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q4 2022 was Wells Fargo, an estimated $3.86M sold.
Based on aggregated 13F filings for Q4 2022.