First Trust Mid Cap Core AlphaDEX Fund
141 hedge funds and large institutions have $524M invested in First Trust Mid Cap Core AlphaDEX Fund in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 55 increasing their positions, 45 reducing their positions, and 20 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 45
0.37% more ownership
Funds ownership: 58.96% → 59.33% (+0.37%)
7% less funds holding
Funds holding: 151 → 141 (-10)
12% less capital invested
Capital invested by funds: $598M → $524M (-$73.7M)
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$7.81M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.58M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$4.04M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$3.01M |
| 5 |
AWAG
ARS Wealth Advisors Group
St. Petersburg,
Florida
|
+$2.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.22M |
| 2 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$1.49M |
| 3 |
KWM
Kaydan Wealth Management
Fenton,
Michigan
|
-$936K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$855K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$499K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
151
Creative Planning
Overland Park,
Kansas
| – | -$221K | -2,249 | Closed |
|
|
CBFP
152
Cedar Brook Financial Partners
Cleveland,
Ohio
| – | -$219K | -2,234 | Closed |
|
|
FHA
153
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$212K | -2,158 | Closed |
|
|
AAS
154
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$211K | -2,148 | Closed |
|
|
BAWC
155
Boyce & Associates Wealth Consulting
Cedar Park,
Texas
| – | -$210K | -2,144 | Closed |
|
|
MSAM
156
Moloney Securities Asset Management
Manchester,
Missouri
| – | -$207K | -2,106 | Closed |
|
|
EFS
157
Essex Financial Services
Essex,
Connecticut
| – | -$206K | -2,098 | Closed |
|
158
Koshinski Asset Management
Decatur,
Illinois
| – | -$156K | -1,586 | Closed |
|
|
AF
159
Advisornet Financial
Minnetonka,
Minnesota
| – | -$67K | -682 | Closed |
|
|
CT
160
Caldwell Trust
Venice,
Florida
| – | -$35.9K | -366 | Closed |
|
161
AssetMark Inc
Concord,
California
| – | -$32K | -322 | Closed |
|
|
LAS
162
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$7K | -68 | Closed |
|
FNX Hedge Fund Activity: Q2 2022 in Review
141 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2022, worth a combined $524M — down 12% from $598M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FNX and 12 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 55 added.
The largest buyer was Kestra Advisory Services, adding an estimated $7.81M. The largest seller was Morgan Stanley, cutting an estimated $4.22M.
- 141 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2022, down from 151 in Q1 2022.
- Funds reported $524M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2022, down 12% quarter-over-quarter.
- 12 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2022 and 20 closed out, a net change of -8 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2022 was Kestra Advisory Services, an estimated $7.81M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2022 was Morgan Stanley, an estimated $4.22M sold.
Based on aggregated 13F filings for Q2 2022.