First Trust Mid Cap Core AlphaDEX Fund
137 hedge funds and large institutions have $590M invested in First Trust Mid Cap Core AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 58 increasing their positions, 38 reducing their positions, and 13 closing their positions.
53% more repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 38
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
0.43% less ownership
Funds ownership: 57.78% → 57.35% (-0.43%)
3% less capital invested
Capital invested by funds: $605M → $590M (-$15.5M)
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
2% less funds holding
Funds holding: 140 → 137 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.03M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.34M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.78M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.84M |
| 5 |
PWM
Perigon Wealth Management
San Francisco,
California
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$3.15M |
| 2 |
Goldman Sachs
New York
|
-$2.17M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$2.04M |
| 4 |
Morgan Stanley
New York
|
-$1.97M |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$1.92M |
FNX Hedge Fund Activity: Q3 2021 in Review
137 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2021, worth a combined $590M — down 2.6% from $605M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FNX and 12 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 58 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $4.03M. The largest seller was Pinnacle Family Advisors, exiting entirely with an estimated $3.15M sold.
- 137 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2021, down from 140 in Q2 2021.
- Funds reported $590M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2021, down 2.6% quarter-over-quarter.
- 12 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2021 and 13 closed out, a net change of -1 holder.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2021 was Citadel Advisors, an estimated $4.03M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2021 was Pinnacle Family Advisors, an estimated $3.15M sold.
Based on aggregated 13F filings for Q3 2021.