First Trust Mid Cap Core AlphaDEX Fund
107 hedge funds and large institutions have $461M invested in First Trust Mid Cap Core AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 43 increasing their positions, 27 reducing their positions, and 5 closing their positions.
160% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
59% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 27
14% more capital invested
Capital invested by funds: $404M → $461M (+$57.7M)
6% more funds holding
Funds holding: 101 → 107 (+6)
4.06% more ownership
Funds ownership: 51% → 55.07% (+4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
+$16.6M |
| 2 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$15.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$15.3M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$7.05M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$7.19M |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$5.82M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$4.6M |
| 4 |
Morgan Stanley
New York
|
-$4.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.48M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
101
Winslow Evans & Crocker
Boston,
Massachusetts
| $8K | – | – | – |
|
|
BCP
102
Blackhawk Capital Partners
Thiensville,
Wisconsin
| $8K | +$8.37K | +124 | New |
|
|
GWM
103
Geneos Wealth Management
Englewood,
Colorado
| $6K | -$36K | -534 | -85% |
|
|
PFBT
104
Parkside Financial Bank & Trust
Saint Louis,
Missouri
| $5K | – | – | – |
|
|
FGAM
105
Financial Gravity Asset Management
Lakeway,
Texas
| $4K | – | – | – |
|
106
Barclays
London,
United Kingdom
| $2K | +$1.75K | +26 | New |
|
|
107
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.48M | -37,956 | Closed |
|
|
LA
108
LexAurum Advisors
Overland Park,
Kansas
| – | -$1.34M | -20,556 | Closed |
|
|
IWM
109
IHT Wealth Management
Chicago,
Illinois
| – | -$113K | -1,776 | Closed |
|
|
1IA
110
1834 Investment Advisors
Milwaukee,
Wisconsin
| – | -$21K | -314 | Closed |
|
|
WCM
111
Whitener Capital Management
Rocky Mount,
North Carolina
| – | -$17K | -275 | Closed |
|
FNX Hedge Fund Activity: Q2 2018 in Review
107 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2018, worth a combined $461M — up 14% from $404M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FNX positions and 5 closed out — a net gain of 8 holders — while 43 added to existing stakes and 27 trimmed.
The largest buyer was Cornerstone Wealth Management, adding an estimated $16.6M. The largest seller was Pinnacle Family Advisors, cutting an estimated $7.19M.
- 107 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2018, up from 101 in Q1 2018.
- Funds reported $461M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2018, up 14% quarter-over-quarter.
- 13 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2018 and 5 closed out, a net change of +8 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $16.6M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2018 was Pinnacle Family Advisors, an estimated $7.19M sold.
Based on aggregated 13F filings for Q2 2018.