First Trust Mid Cap Core AlphaDEX Fund
69 hedge funds and large institutions have $454M invested in First Trust Mid Cap Core AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 34 increasing their positions, 18 reducing their positions, and 8 closing their positions.
89% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 18
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
0% more funds holding
Funds holding: 69 → 69 (0)
7.29% less ownership
Funds ownership: 58.34% → 51.05% (-7.3%)
13% less capital invested
Capital invested by funds: $522M → $454M (-$67.8M)
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.81M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.11M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$4.05M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$1.3M |
| 5 |
PI
Placemark Investments
Chicago,
Illinois
|
+$913K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
-$35.8M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$30.4M |
| 3 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$21.3M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$14.2M |
| 5 |
ACM
Argentus Capital Management
Dallas,
Texas
|
-$7.51M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
76
Regal Investment Advisors
Kentwood,
Michigan
| – | -$10K | -200 | Closed |
|
77
Parallax Volatility Advisers
San Francisco,
California
| – | +$51 | +1 | New |
|
FNX Hedge Fund Activity: Q4 2014 in Review
69 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q4 2014, worth a combined $454M — down 13% from $522M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNX positions and 8 closed out — a net gain of 1 holder — while 34 added to existing stakes and 18 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.81M. The largest seller was Churchill Management, exiting entirely with an estimated $35.8M sold.
- 69 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q4 2014, unchanged from Q3 2014.
- Funds reported $454M of First Trust Mid Cap Core AlphaDEX Fund stock for Q4 2014, down 13% quarter-over-quarter.
- 9 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q4 2014 and 8 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q4 2014 was Wells Fargo, an estimated $8.81M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q4 2014 was Churchill Management, an estimated $35.8M sold.
Based on aggregated 13F filings for Q4 2014.