First Trust Mid Cap Value AlphaDEX Fund
FNK
59 hedge funds and large institutions have $151M invested in First Trust Mid Cap Value AlphaDEX Fund in 2024 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 21 reducing their positions, and 6 closing their positions.
0% more capital invested
Capital invested by funds: $150M → $151M (+$637K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
10% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 21
2% less funds holding
Funds holding: 60 → 59 (-1)
1.68% less ownership
Funds ownership: 70.12% → 68.44% (-1.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$1.74M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$392K |
| 3 |
Goldman Sachs
New York
|
+$319K |
| 4 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$228K |
| 5 |
Jane Street
New York
|
+$217K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.46M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$1.02M |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$1M |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$903K |
FNK Hedge Fund Activity: Q3 2024 in Review
59 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q3 2024, worth a combined $151M — up 0.42% from $150M a quarter earlier.
Fund positioning in FNK was balanced in Q3 2024: 6 funds opened new positions, 6 closed out, 19 added to existing stakes and 21 trimmed.
The largest buyer was Benjamin Edwards Inc, opening a new position worth an estimated $1.74M. The largest seller was Susquehanna International Group, cutting an estimated $1.89M.
- 59 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q3 2024, down from 60 in Q2 2024.
- Funds reported $151M of First Trust Mid Cap Value AlphaDEX Fund stock for Q3 2024, up 0.42% quarter-over-quarter.
- 6 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q3 2024 and 6 closed out, a net change of 0 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q3 2024 was Benjamin Edwards Inc, an estimated $1.74M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q3 2024 was Susquehanna International Group, an estimated $1.89M sold.
Based on aggregated 13F filings for Q3 2024.