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First Trust Mid Cap Core AlphaDEX Fund

75 hedge funds and large institutions have $478M invested in First Trust Mid Cap Core AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

6% more funds holding

Funds holding: 7175 (+4)

3.95% more ownership

Funds ownership: 52.6%56.56% (+4%)

4% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 28

10% less capital invested

Capital invested by funds: $534M → $478M (-$56M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
75
Holders Change
+4
Holders Change %
+5.63%
% of All Funds
2.09%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
27
Reduced
28
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
ICOA
51
Investment Centers of America
North Dakota
$351K -$105K -2,037 -22%
PAG
52
Private Advisor Group
New Jersey
$287K +$25.5K +496 +9%
DADC
53
D.A. Davidson & Co
Montana
$281K -$1.59M -30,883 -84%
SS
54
Simplicity Solutions
Minnesota
$268K +$20.2K +393 +8%
SF
55
Synovus Financial
Georgia
$250K
CAM
56
Concorde Asset Management
Michigan
$202K +$19.4K +378 +10%
WA
57
WFG Advisors
Texas
$195K +$8.53K +166 +4%
CPIG
58
Chicago Partners Investment Group
Illinois
$179K
Creative Planning
59
Creative Planning
Kansas
$137K +$147K +2,859 New
NFG
60
Next Financial Group
Texas
$133K -$23K -447 -14%
BFEC
61
Benjamin F. Edwards & Company
Missouri
$122K -$35.5K -690 -21%
Fifth Third Bancorp
62
Fifth Third Bancorp
Ohio
$58K
Bessemer Group
63
Bessemer Group
New Jersey
$56K +$60.1K +1,170 New
FAM
64
Formidable Asset Management
Ohio
$53K
WEC
65
Winslow Evans & Crocker
Massachusetts
$34.7K
TRCT
66
Tower Research Capital (TRC)
New York
$33K +$35.5K +690 New
US Bancorp
67
US Bancorp
Minnesota
$18K +$2.36K +46 +15%
ASN
68
Advisory Services Network
Georgia
$17K +$51 +1 +0.3%
FNBT
69
FineMark National Bank & Trust
Florida
$15K +$16.1K +313 New
SGC
70
South Georgia Capital
Illinois
$13K
SEI Investments
71
SEI Investments
Pennsylvania
$12K +$12.9K +251 New
WRM
72
Westport Resources Management
Connecticut
$11K
RIA
73
Regal Investment Advisors
Michigan
$4K +$4.37K +85 New
JFA
74
JNBA Financial Advisors
Minnesota
$2K
AIA
75
Arrow Investment Advisors
Maryland
-$24.7M -458,032 Closed

FNX Hedge Fund Activity: Q3 2015 in Review

75 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2015, worth a combined $478M — down 10% from $534M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FNX positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 28 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $37.4M. The largest seller was Arrow Investment Advisors, exiting entirely with an estimated $24.7M sold.

  • 75 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2015, up from 71 in Q2 2015.
  • Funds reported $478M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2015, down 10% quarter-over-quarter.
  • 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2015 and 5 closed out, a net change of +5 holders.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $37.4M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2015 was Arrow Investment Advisors, an estimated $24.7M sold.

Based on aggregated 13F filings for Q3 2015.