First Trust Mid Cap Core AlphaDEX Fund
113 hedge funds and large institutions have $454M invested in First Trust Mid Cap Core AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 41 increasing their positions, 39 reducing their positions, and 12 closing their positions.
5% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 39
3% more capital invested
Capital invested by funds: $443M → $454M (+$11.3M)
0.51% more ownership
Funds ownership: 50.09% → 50.61% (+0.51%)
4% less funds holding
Funds holding: 118 → 113 (-5)
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$6.36M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.56M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.89M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$2.58M |
| 5 |
Jane Street
New York
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.84M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.8M |
| 3 |
Morgan Stanley
New York
|
-$4.32M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.92M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.67M |
FNX Hedge Fund Activity: Q2 2019 in Review
113 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2019, worth a combined $454M — up 2.6% from $443M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FNX and 10 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 41 added.
The largest buyer was Baird Financial Group, adding an estimated $6.36M. The largest seller was Wells Fargo, cutting an estimated $4.84M.
- 113 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2019, down from 118 in Q1 2019.
- Funds reported $454M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2019, up 2.6% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2019 and 12 closed out, a net change of -2 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2019 was Baird Financial Group, an estimated $6.36M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2019 was Wells Fargo, an estimated $4.84M sold.
Based on aggregated 13F filings for Q2 2019.