First Trust Mid Cap Core AlphaDEX Fund
55 hedge funds and large institutions have $269M invested in First Trust Mid Cap Core AlphaDEX Fund in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 24 increasing their positions, 17 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
41% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 17
10% more funds holding
Funds holding: 50 → 55 (+5)
2% more capital invested
Capital invested by funds: $264M → $269M (+$4.48M)
4.37% less ownership
Funds ownership: 61.76% → 57.39% (-4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.56M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.38M |
| 4 |
SG Americas Securities
New York
|
+$1.96M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$8.14M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.47M |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$4.41M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.05M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$1.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
DWA
51
Dorsey Wright & Associates
Pasadena,
California
| $24.4K | -$8.14M | -181,989 | -26% |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| $24K | – | – | – |
|
|
MFS
53
MSI Financial Services
Springfield,
Massachusetts
| $19K | -$4.47K | -100 | -19% |
|
|
WRM
54
Westport Resources Management
Westport,
Connecticut
| $10K | – | – | – |
|
55
Nomura Holdings
Tokyo,
Japan
| $9K | +$8.94K | +200 | New |
|
|
RJFSA
56
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$6.47M | -153,202 | Closed |
|
|
TH
57
Timber Hill
Greenwich,
Connecticut
| – | -$1.34M | -31,620 | Closed |
|
|
FHC
58
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$50K | -1,195 | Closed |
|
FNX Hedge Fund Activity: Q3 2013 in Review
55 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2013, worth a combined $269M — up 1.7% from $264M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNX positions and 3 closed out — a net gain of 6 holders — while 24 added to existing stakes and 17 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $3.74M. The largest seller was Dorsey Wright & Associates, cutting an estimated $8.14M.
- 55 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2013, up from 50 in Q2 2013.
- Funds reported $269M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2013, up 1.7% quarter-over-quarter.
- 9 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2013 and 3 closed out, a net change of +6 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2013 was Janney Montgomery Scott, an estimated $3.74M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2013 was Dorsey Wright & Associates, an estimated $8.14M sold.
Based on aggregated 13F filings for Q3 2013.