First Trust Mid Cap Core AlphaDEX Fund
118 hedge funds and large institutions have $443M invested in First Trust Mid Cap Core AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 30 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
63% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 30
17% more capital invested
Capital invested by funds: $378M → $443M (+$64.9M)
4% more funds holding
Funds holding: 113 → 118 (+5)
1.04% less ownership
Funds ownership: 51.13% → 50.09% (-1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$8.46M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$7.03M |
| 3 |
LPL Financial
San Diego,
California
|
+$4.33M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.08M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$12.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.38M |
| 3 |
Morgan Stanley
New York
|
-$4.02M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$2.52M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.15M |
FNX Hedge Fund Activity: Q1 2019 in Review
118 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2019, worth a combined $443M — up 17% from $378M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new FNX positions and 9 closed out — a net gain of 6 holders — while 49 added to existing stakes and 30 trimmed.
The largest buyer was Stifel Financial, adding an estimated $8.46M. The largest seller was UBS Group, cutting an estimated $12.7M.
- 118 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2019, up from 113 in Q4 2018.
- Funds reported $443M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2019, up 17% quarter-over-quarter.
- 15 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2019 and 9 closed out, a net change of +6 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2019 was Stifel Financial, an estimated $8.46M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2019 was UBS Group, an estimated $12.7M sold.
Based on aggregated 13F filings for Q1 2019.