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First Trust Mid Cap Value AlphaDEX Fund

62 hedge funds and large institutions have $165M invested in First Trust Mid Cap Value AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 16 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

125% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 4

7% more funds holding

Funds holding: 5862 (+4)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4.7% less ownership

Funds ownership: 74.67%69.97% (-4.7%)

10% less capital invested

Capital invested by funds: $183M → $165M (-$18M)

11% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 18

Holders
62
Holders Change
+4
Holders Change %
+6.9%
% of All Funds
0.89%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
9
Increased
16
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIM
1
Total Investment Management
Arizona
$70.6M -$695K -13,759 -1%
Wells Fargo
2
Wells Fargo
California
$15.4M -$577K -11,426 -4%
LPL Financial
3
LPL Financial
California
$15.3M -$1.45M -28,622 -9%
Morgan Stanley
4
Morgan Stanley
New York
$11.6M -$10.4M -206,268 -49%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$4.42M -$45.5K -900 -1%
UBS Group
6
UBS Group
Switzerland
$3.74M -$683K -13,510 -16%
Janney Montgomery Scott
7
Janney Montgomery Scott
Pennsylvania
$3.61M -$1.04M -20,547 -24%
GIA
8
Gladstone Institutional Advisory
Florida
$3.29M -$60.8K -1,204 -2%
RJA
9
Raymond James & Associates
Florida
$3.22M -$496K -9,820 -14%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$3.14M +$36.4K +720 +1%
KWM
11
Kingsview Wealth Management
Oregon
$3.14M +$187K +3,705 +7%
BFEC
12
Benjamin F. Edwards & Company
Missouri
$3.06M -$194K -3,847 -6%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$2.99M +$2.79M +55,199 New
Baird Financial Group
14
Baird Financial Group
Wisconsin
$2.19M +$615K +12,177 +43%
Stifel Financial
15
Stifel Financial
Missouri
$2.01M +$103K +2,040 +6%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$2M +$76.1K +1,505 +4%
SPC
17
Sigma Planning Corp
Michigan
$1.55M +$960K +18,996 +197%
Osaic Holdings
18
Osaic Holdings
Arizona
$1.38M +$265K +5,235 +26%
SWP
19
Stratos Wealth Partners
Ohio
$1.36M +$34.8K +688 +3%
DAS
20
Dynamic Advisor Solutions
Arizona
$1.2M -$809 -16 -0.1%
GSC
21
G&S Capital
Colorado
$1.18M +$2.07K +41 +0.2%
EH
22
Equitable Holdings
New York
$959K -$25.6K -506 -3%
Cetera Investment Advisers
23
Cetera Investment Advisers
Illinois
$819K +$764K +15,125 New
AWAG
24
ARS Wealth Advisors Group
Florida
$734K +$253 +5 +0%
Citadel Advisors
25
Citadel Advisors
Florida
$700K -$253K -5,012 -28%

FNK Hedge Fund Activity: Q1 2024 in Review

62 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2024, worth a combined $165M — down 9.8% from $183M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FNK positions and 4 closed out — a net gain of 5 holders — while 16 added to existing stakes and 18 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.79M. The largest seller was Morgan Stanley, cutting an estimated $10.4M.

  • 62 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2024, up from 58 in Q4 2023.
  • Funds reported $165M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2024, down 9.8% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2024 and 4 closed out, a net change of +5 holders.
  • The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2024 was Susquehanna International Group, an estimated $2.79M added.
  • The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $10.4M sold.

Based on aggregated 13F filings for Q1 2024.