First Trust Mid Cap Core AlphaDEX Fund
83 hedge funds and large institutions have $296M invested in First Trust Mid Cap Core AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 21 increasing their positions, 40 reducing their positions, and 6 closing their positions.
133% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 6
8% more funds holding
Funds holding: 77 → 83 (+6)
6.16% less ownership
Funds ownership: 51.92% → 45.76% (-6.2%)
13% less capital invested
Capital invested by funds: $339M → $296M (-$43.4M)
48% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 40
Top Buyers
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.1M |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$3.52M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.39M |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$2.39M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.01M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $18K | +$17.4K | +348 | New |
|
|
AIM
77
Anchor Investment Management
Columbia,
South Carolina
| $13.8K | – | – | – |
|
|
CFG
78
Citizens Financial Group
Providence,
Rhode Island
| $12K | +$12K | +240 | New |
|
79
US Bancorp
Minneapolis,
Minnesota
| $7K | -$2.55K | -51 | -27% |
|
|
JFA
80
JNBA Financial Advisors
Bloomington,
Minnesota
| $2K | – | – | – |
|
81
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $2K | +$1.95K | +39 | New |
|
|
WP
82
WealthPLAN Partners
Omaha,
Nebraska
| $10 | +$10K | +200 | New |
|
83
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$3.32M | -66,961 | Closed |
|
|
VF
84
Virtu Financial
New York
| – | -$2.85M | -57,347 | Closed |
|
|
AIG
85
American International Group
New York
| – | -$2.12M | -42,802 | Closed |
|
86
Citadel Advisors
Miami,
Florida
| – | -$937K | -18,878 | Closed |
|
|
KP
87
Keel Point
Huntsville,
Alabama
| – | -$203K | -4,099 | Closed |
|
|
FAM
88
Formidable Asset Management
Cincinnati,
Ohio
| – | -$76K | -1,529 | Closed |
|
FNX Hedge Fund Activity: Q2 2016 in Review
83 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2016, worth a combined $296M — down 13% from $339M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNX positions and 6 closed out — a net gain of 8 holders — while 21 added to existing stakes and 40 trimmed.
The largest buyer was BB&T Securities, adding an estimated $7.1M. The largest seller was LPL Financial, cutting an estimated $18.7M.
- 83 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2016, up from 77 in Q1 2016.
- Funds reported $296M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2016, down 13% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2016 and 6 closed out, a net change of +8 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2016 was BB&T Securities, an estimated $7.1M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $18.7M sold.
Based on aggregated 13F filings for Q2 2016.