First Trust Mid Cap Core AlphaDEX Fund
59 hedge funds and large institutions have $354M invested in First Trust Mid Cap Core AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 30 increasing their positions, 11 reducing their positions, and 5 closing their positions.
173% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 11
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
32% more capital invested
Capital invested by funds: $269M → $354M (+$85.4M)
7% more funds holding
Funds holding: 55 → 59 (+4)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.83% less ownership
Funds ownership: 57.39% → 54.57% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.69M |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$5.97M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.54M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.95M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$2.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.01M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.37M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.15M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$1.07M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$723K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CTC
51
Central Trust Company
Jefferson City,
Missouri
| $36K | – | – | – |
|
52
Citigroup
New York
| $30K | – | – | – |
|
53
Fifth Third Bancorp
Cincinnati,
Ohio
| $26K | – | – | – |
|
|
MFS
54
MSI Financial Services
Springfield,
Massachusetts
| $21K | – | – | – |
|
|
SGC
55
South Georgia Capital
Naperville,
Illinois
| $14K | +$13.5K | +280 | New |
|
56
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $14K | +$13.6K | +282 | New |
|
|
WRM
57
Westport Resources Management
Westport,
Connecticut
| $11K | – | – | – |
|
|
RIA
58
Regal Investment Advisors
Kentwood,
Michigan
| $10K | +$9.62K | +200 | New |
|
|
FNBT
59
FineMark National Bank & Trust
Fort Myers,
Florida
| $6K | +$5.58K | +116 | New |
|
|
60
SG Americas Securities
New York
| – | -$2.01M | -43,773 | Closed |
|
|
CS
61
Credit Suisse
Zurich,
Switzerland
| – | -$1.07M | -23,387 | Closed |
|
62
Comerica Bank
Dallas,
Texas
| – | -$324K | -7,059 | Closed |
|
|
TT
63
Tower Trust
Fort Wayne,
Indiana
| – | -$224K | -4,895 | Closed |
|
64
Nomura Holdings
Tokyo,
Japan
| – | -$9K | -200 | Closed |
|
FNX Hedge Fund Activity: Q4 2013 in Review
59 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q4 2013, worth a combined $354M — up 32% from $269M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNX positions and 5 closed out — a net gain of 5 holders — while 30 added to existing stakes and 11 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $8.69M. The largest seller was SG Americas Securities, exiting entirely with an estimated $2.01M sold.
- 59 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q4 2013, up from 55 in Q3 2013.
- Funds reported $354M of First Trust Mid Cap Core AlphaDEX Fund stock for Q4 2013, up 32% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q4 2013 and 5 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q4 2013 was Morgan Stanley, an estimated $8.69M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q4 2013 was SG Americas Securities, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2013.