First Trust Mid Cap Core AlphaDEX Fund
113 hedge funds and large institutions have $378M invested in First Trust Mid Cap Core AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 43 increasing their positions, 34 reducing their positions, and 13 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 34
23% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 13
2% more funds holding
Funds holding: 111 → 113 (+2)
2.87% less ownership
Funds ownership: 54% → 51.13% (-2.9%)
26% less capital invested
Capital invested by funds: $508M → $378M (-$130M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.61M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.63M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.65M |
| 4 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$3.3M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$19.3M |
| 2 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$16.1M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$14.6M |
| 4 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$10.8M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$8.75M |
FNX Hedge Fund Activity: Q4 2018 in Review
113 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q4 2018, worth a combined $378M — down 26% from $508M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FNX positions and 13 closed out — a net gain of 3 holders — while 43 added to existing stakes and 34 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.61M. The largest seller was Wells Fargo, cutting an estimated $19.3M.
- 113 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q4 2018, up from 111 in Q3 2018.
- Funds reported $378M of First Trust Mid Cap Core AlphaDEX Fund stock for Q4 2018, down 26% quarter-over-quarter.
- 16 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q4 2018 and 13 closed out, a net change of +3 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q4 2018 was Morgan Stanley, an estimated $6.61M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q4 2018 was Wells Fargo, an estimated $19.3M sold.
Based on aggregated 13F filings for Q4 2018.