First Trust Mid Cap Core AlphaDEX Fund
101 hedge funds and large institutions have $404M invested in First Trust Mid Cap Core AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 11 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 33
9% more capital invested
Capital invested by funds: $370M → $404M (+$33.1M)
1.13% more ownership
Funds ownership: 49.87% → 51% (+1.1%)
3% less funds holding
Funds holding: 104 → 101 (-3)
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.9M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
+$7.1M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$5.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.24M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$1.74M |
| 2 |
Jane Street
New York
|
-$1.7M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$1.23M |
| 4 |
Goldman Sachs
New York
|
-$1.14M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$617K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HSA
101
HBK Sorce Advisory
Erie,
Pennsylvania
| – | -$1.74M | -26,461 | Closed |
|
|
SI
102
SII Investments
Appleton,
Wisconsin
| – | -$1.67M | -25,374 | Closed |
|
|
SB
103
Suntrust Banks
Atlanta,
Georgia
| – | -$1.23M | -18,763 | Closed |
|
|
104
Goldman Sachs
New York
| – | -$1.14M | -17,398 | Closed |
|
|
IH
105
IFC Holdings
Tampa,
Florida
| – | -$1.12M | -16,962 | Closed |
|
|
PAG
106
Private Advisor Group
Morristown,
New Jersey
| – | -$617K | -9,186 | Closed |
|
|
LNC
107
Lincoln National Corp
Radnor,
Pennsylvania
| – | -$349K | -5,312 | Closed |
|
|
RA
108
RFG Advisory
Birmingham,
Alabama
| – | -$249K | -3,725 | Closed |
|
|
FA
109
FDx Advisors
Chicago,
Illinois
| – | -$221K | -3,369 | Closed |
|
|
CA
110
Calton & Associates
Tampa,
Florida
| – | -$114K | -1,656 | Closed |
|
|
TC
111
Trust Company
Manhattan,
Kansas
| – | -$22K | -342 | Closed |
|
FNX Hedge Fund Activity: Q1 2018 in Review
101 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2018, worth a combined $404M — up 8.9% from $370M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FNX and 9 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 44 added.
The largest buyer was Morgan Stanley, adding an estimated $11.9M. The largest seller was HBK Sorce Advisory, exiting entirely with an estimated $1.74M sold.
- 101 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2018, down from 104 in Q4 2017.
- Funds reported $404M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2018, up 8.9% quarter-over-quarter.
- 9 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2018 and 11 closed out, a net change of -2 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2018 was Morgan Stanley, an estimated $11.9M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2018 was HBK Sorce Advisory, an estimated $1.74M sold.
Based on aggregated 13F filings for Q1 2018.