First Trust Mid Cap Core AlphaDEX Fund
72 hedge funds and large institutions have $485M invested in First Trust Mid Cap Core AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 20 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
60% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 20
7% more capital invested
Capital invested by funds: $454M → $485M (+$30.5M)
4% more funds holding
Funds holding: 69 → 72 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.42% less ownership
Funds ownership: 51.05% → 50.62% (-0.42%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.92M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$4.79M |
| 3 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$4M |
| 4 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$3.54M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.05M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.82M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.34M |
| 5 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$3.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$3 | -50 | Closed |
|
FNX Hedge Fund Activity: Q1 2015 in Review
72 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2015, worth a combined $485M — up 6.7% from $454M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNX positions and 5 closed out — a net gain of 5 holders — while 32 added to existing stakes and 20 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $4.92M. The largest seller was UBS Group, cutting an estimated $7.05M.
- 72 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2015, up from 69 in Q4 2014.
- Funds reported $485M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2015, up 6.7% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2015 and 5 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2015 was Envestnet Asset Management, an estimated $4.92M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2015 was UBS Group, an estimated $7.05M sold.
Based on aggregated 13F filings for Q1 2015.