First Trust Mid Cap Value AlphaDEX Fund
FNK
55 hedge funds and large institutions have $145M invested in First Trust Mid Cap Value AlphaDEX Fund in 2025 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 5 closing their positions.
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
1.08% more ownership
Funds ownership: 71% → 72.08% (+1.1%)
0% more capital invested
Capital invested by funds: $145M → $145M (+$469K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 58 → 55 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.82M |
| 2 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$1.01M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$893K |
| 4 |
Jones Financial Companies
Des Peres,
Missouri
|
+$658K |
| 5 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$625K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.56M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.96M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.84M |
| 4 |
Two Sigma Investments
New York
|
-$933K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$632K |
FNK Hedge Fund Activity: Q2 2025 in Review
55 of the 7,610 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Value AlphaDEX Fund (FNK) for Q2 2025, worth a combined $145M — up 0.32% from $145M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FNK and 2 opened new positions — a net loss of 3 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $1.82M. The largest seller was Raymond James Financial, cutting an estimated $2.56M.
- 55 institutional investors held First Trust Mid Cap Value AlphaDEX Fund (FNK) as of Q2 2025, down from 58 in Q1 2025.
- Funds reported $145M of First Trust Mid Cap Value AlphaDEX Fund stock for Q2 2025, up 0.32% quarter-over-quarter.
- 2 funds opened new First Trust Mid Cap Value AlphaDEX Fund positions in Q2 2025 and 5 closed out, a net change of -3 holders.
- The largest First Trust Mid Cap Value AlphaDEX Fund buyer in Q2 2025 was Cetera Investment Advisers, an estimated $1.82M added.
- The largest First Trust Mid Cap Value AlphaDEX Fund seller in Q2 2025 was Raymond James Financial, an estimated $2.56M sold.
Based on aggregated 13F filings for Q2 2025.