First Trust Mid Cap Core AlphaDEX Fund
103 hedge funds and large institutions have $271M invested in First Trust Mid Cap Core AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 24 increasing their positions, 57 reducing their positions, and 28 closing their positions.
0.19% less ownership
Funds ownership: 51.59% → 51.4% (-0.19%)
19% less funds holding
Funds holding: 127 → 103 (-24)
41% less capital invested
Capital invested by funds: $462M → $271M (-$191M)
58% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 57
79% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 28
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.27M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.73M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.52M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$984K |
| 5 |
Jane Street
New York
|
+$638K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$14.1M |
| 2 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$7.39M |
| 3 |
KWM
Keebeck Wealth Management
Chicago,
Illinois
|
-$6.32M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$3.64M |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$3.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
126
Realta Investment Advisors
Wilmington,
Delaware
| – | -$85K | -1,189 | Closed |
|
|
GDP
127
Great Diamond Partners
Portland,
Maine
| – | -$56K | -774 | Closed |
|
128
Fidelity Investments
Boston,
Massachusetts
| – | -$22.2K | -343 | -97% |
|
|
BFEC
129
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$16K | -217 | Closed |
|
|
FHA
130
First Horizon Advisors
Memphis,
Tennessee
| – | -$13K | -183 | Closed |
|
|
APC
131
Aspire Private Capital
Cornelius,
North Carolina
| – | -$3K | -42 | Closed |
|
FNX Hedge Fund Activity: Q1 2020 in Review
103 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2020, worth a combined $271M — down 41% from $462M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of FNX and 6 opened new positions — a net loss of 22 holders — while 57 trimmed existing stakes and 24 added.
The largest buyer was Susquehanna International Group, adding an estimated $8.27M. The largest seller was Wells Fargo, cutting an estimated $14.1M.
- 103 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2020, down from 127 in Q4 2019.
- Funds reported $271M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2020, down 41% quarter-over-quarter.
- 6 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2020 and 28 closed out, a net change of -22 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2020 was Susquehanna International Group, an estimated $8.27M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2020 was Wells Fargo, an estimated $14.1M sold.
Based on aggregated 13F filings for Q1 2020.