First Trust Mid Cap Value AlphaDEX Fund
FNK
58 hedge funds and large institutions have $145M invested in First Trust Mid Cap Value AlphaDEX Fund in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 7 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
1.33% more ownership
Funds ownership: 69.73% → 71.06% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $151M → $145M (-$5.98M)
6% less funds holding
Funds holding: 62 → 58 (-4)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.62M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.78M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.49M |
| 4 |
TIM
Total Investment Management
Scottsdale,
Arizona
|
+$1.08M |
| 5 |
Two Sigma Investments
New York
|
+$980K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$3.16M |
| 2 |
SA
Sylvest Advisors
Dallas,
Texas
|
-$1.98M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$1.13M |
| 4 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$744K |
| 5 |
LPL Financial
San Diego,
California
|
-$362K |
FNK Hedge Fund Activity: Q1 2025 in Review
58 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q1 2025, worth a combined $145M — down 4% from $151M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNK and 5 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 22 added.
The largest buyer was Raymond James Financial, adding an estimated $2.62M. The largest seller was Gladstone Institutional Advisory, exiting entirely with an estimated $3.16M sold.
- 58 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q1 2025, down from 62 in Q4 2024.
- Funds reported $145M of First Trust Mid Cap Value AlphaDEX Fund stock for Q1 2025, down 4% quarter-over-quarter.
- 5 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q1 2025 and 7 closed out, a net change of -2 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q1 2025 was Raymond James Financial, an estimated $2.62M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q1 2025 was Gladstone Institutional Advisory, an estimated $3.16M sold.
Based on aggregated 13F filings for Q1 2025.