First Trust Mid Cap Core AlphaDEX Fund
109 hedge funds and large institutions have $417M invested in First Trust Mid Cap Core AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 33 increasing their positions, 49 reducing their positions, and 9 closing their positions.
1.2% less ownership
Funds ownership: 50.61% → 49.4% (-1.2%)
4% less funds holding
Funds holding: 113 → 109 (-4)
8% less capital invested
Capital invested by funds: $454M → $417M (-$37.3M)
33% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 49
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$6.49M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.44M |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$919K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$773K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$656K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$10.5M |
| 2 |
Morgan Stanley
New York
|
-$7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$3.05M |
| 5 |
Jane Street
New York
|
-$2.15M |
FNX Hedge Fund Activity: Q3 2019 in Review
109 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2019, worth a combined $417M — down 8.2% from $454M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FNX and 5 opened new positions — a net loss of 4 holders — while 49 trimmed existing stakes and 33 added.
The largest buyer was Raymond James & Associates, adding an estimated $6.49M. The largest seller was Stifel Financial, cutting an estimated $10.5M.
- 109 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2019, down from 113 in Q2 2019.
- Funds reported $417M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2019, down 8.2% quarter-over-quarter.
- 5 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2019 and 9 closed out, a net change of -4 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2019 was Raymond James & Associates, an estimated $6.49M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2019 was Stifel Financial, an estimated $10.5M sold.
Based on aggregated 13F filings for Q3 2019.