First Trust Mid Cap Core AlphaDEX Fund
71 hedge funds and large institutions have $534M invested in First Trust Mid Cap Core AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 19 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
89% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 19
10% more capital invested
Capital invested by funds: $485M → $534M (+$49.6M)
1.98% more ownership
Funds ownership: 50.62% → 52.6% (+2%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
1% less funds holding
Funds holding: 72 → 71 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$25.2M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$8.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$8.43M |
| 4 |
Morgan Stanley
New York
|
+$7.19M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$5.02M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.3M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.14M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$1.06M |
| 5 |
AIG
American International Group
New York
|
-$816K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FHA
76
First Horizon Advisors
Memphis,
Tennessee
| – | -$5K | -100 | Closed |
|
77
AllianceBernstein
Nashville,
Tennessee
| – | -$4K | -80 | Closed |
|
78
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3K | -52 | Closed |
|
FNX Hedge Fund Activity: Q2 2015 in Review
71 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2015, worth a combined $534M — up 10% from $485M a quarter earlier.
Fund positioning in FNX was balanced in Q2 2015: 8 funds opened new positions, 8 closed out, 36 added to existing stakes and 19 trimmed.
The largest buyer was Arrow Investment Advisors, opening a new position worth an estimated $25.2M. The largest seller was Aviance Capital Management, exiting entirely with an estimated $5.02M sold.
- 71 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2015, down from 72 in Q1 2015.
- Funds reported $534M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2015, up 10% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2015 and 8 closed out, a net change of 0 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2015 was Arrow Investment Advisors, an estimated $25.2M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2015 was Aviance Capital Management, an estimated $5.02M sold.
Based on aggregated 13F filings for Q2 2015.