First Trust Mid Cap Core AlphaDEX Fund
162 hedge funds and large institutions have $593M invested in First Trust Mid Cap Core AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 32 funds opening new positions, 55 increasing their positions, 51 reducing their positions, and 14 closing their positions.
129% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 14
17% more capital invested
Capital invested by funds: $508M → $593M (+$84.8M)
10% more funds holding
Funds holding: 147 → 162 (+15)
2.7% more ownership
Funds ownership: 59.64% → 62.34% (+2.7%)
8% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 51
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$9.77M |
| 2 |
Morgan Stanley
New York
|
+$7.62M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$6.09M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.42M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.08M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.76M |
| 3 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.45M |
| 5 |
TCWM
Total Clarity Wealth Management
St. Charles,
Illinois
|
-$1.32M |
FNX Hedge Fund Activity: Q4 2022 in Review
162 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q4 2022, worth a combined $593M — up 17% from $508M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new FNX positions and 14 closed out — a net gain of 18 holders — while 55 added to existing stakes and 51 trimmed.
The largest buyer was Baird Financial Group, adding an estimated $9.77M. The largest seller was Wells Fargo, cutting an estimated $6.08M.
- 162 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q4 2022, up from 147 in Q3 2022.
- Funds reported $593M of First Trust Mid Cap Core AlphaDEX Fund stock for Q4 2022, up 17% quarter-over-quarter.
- 32 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q4 2022 and 14 closed out, a net change of +18 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q4 2022 was Baird Financial Group, an estimated $9.77M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q4 2022 was Wells Fargo, an estimated $6.08M sold.
Based on aggregated 13F filings for Q4 2022.