First Trust Mid Cap Core AlphaDEX Fund
179 hedge funds and large institutions have $735M invested in First Trust Mid Cap Core AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 55 increasing their positions, 64 reducing their positions, and 4 closing their positions.
427% more call options, than puts
Call options by funds: $174K | Put options by funds: $33K
325% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 4
6% more funds holding
Funds holding: 169 → 179 (+10)
1.24% less ownership
Funds ownership: 65.74% → 64.5% (-1.2%)
7% less capital invested
Capital invested by funds: $792M → $735M (-$56.9M)
14% less repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 64
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWS
Atria Wealth Solutions
New York
|
+$6.71M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.88M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.27M |
| 4 |
PSCM
Per Stirling Capital Management
Austin,
Texas
|
+$2.24M |
| 5 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kaydan Wealth Management
Fenton,
Michigan
|
-$21.5M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$6.33M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$5.5M |
| 4 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$2.58M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.8M |
FNX Hedge Fund Activity: Q2 2024 in Review
179 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2024, worth a combined $735M — down 7.2% from $792M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FNX positions and 4 closed out — a net gain of 13 holders — while 55 added to existing stakes and 64 trimmed.
The largest buyer was Atria Wealth Solutions, adding an estimated $6.71M. The largest seller was Kaydan Wealth Management, cutting an estimated $21.5M.
- 179 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2024, up from 169 in Q1 2024.
- Funds reported $735M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2024, down 7.2% quarter-over-quarter.
- 17 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2024 and 4 closed out, a net change of +13 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2024 was Atria Wealth Solutions, an estimated $6.71M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2024 was Kaydan Wealth Management, an estimated $21.5M sold.
Based on aggregated 13F filings for Q2 2024.