First Trust Mid Cap Core AlphaDEX Fund
147 hedge funds and large institutions have $508M invested in First Trust Mid Cap Core AlphaDEX Fund in 2022 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 50 increasing their positions, 51 reducing their positions, and 7 closing their positions.
100% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 7
4% more funds holding
Funds holding: 141 → 147 (+6)
0.31% more ownership
Funds ownership: 59.33% → 59.64% (+0.31%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
2% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 51
3% less capital invested
Capital invested by funds: $524M → $508M (-$15.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$2.39M |
| 3 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$2.36M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.24M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6M |
| 2 |
Morgan Stanley
New York
|
-$1.79M |
| 3 |
AWAG
ARS Wealth Advisors Group
St. Petersburg,
Florida
|
-$1.35M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$1.31M |
| 5 |
AF
Allworth Financial
Folsom,
California
|
-$1.17M |
FNX Hedge Fund Activity: Q3 2022 in Review
147 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2022, worth a combined $508M — down 3% from $524M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNX positions and 7 closed out — a net gain of 7 holders — while 50 added to existing stakes and 51 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $2.5M. The largest seller was Wells Fargo, cutting an estimated $6M.
- 147 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2022, up from 141 in Q2 2022.
- Funds reported $508M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2022, down 3% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2022 and 7 closed out, a net change of +7 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2022 was Cambridge Investment Research Advisors, an estimated $2.5M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2022 was Wells Fargo, an estimated $6M sold.
Based on aggregated 13F filings for Q3 2022.