First Trust Mid Cap Core AlphaDEX Fund
171 hedge funds and large institutions have $845M invested in First Trust Mid Cap Core AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 41 increasing their positions, 74 reducing their positions, and 13 closing their positions.
108% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 13
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
33% more capital invested
Capital invested by funds: $637M → $845M (+$208M)
12.09% more ownership
Funds ownership: 63.54% → 75.63% (+12%)
8% more funds holding
Funds holding: 158 → 171 (+13)
45% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 74
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$108M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.92M |
| 3 |
National Bank of Canada
Montreal,
Quebec, Canada
|
+$3.19M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$2.66M |
| 5 |
VF
Virtu Financial
New York
|
+$2.19M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HIM
176
Hanlon Investment Management
Egg Harbor Township,
New Jersey
| – | -$650K | -7,061 | Closed |
|
|
WC
177
Waterloo Capital
Austin,
Texas
| – | -$606K | -6,575 | Closed |
|
|
SPC
178
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$485K | -5,263 | Closed |
|
|
BMWM
179
Brown Miller Wealth Management
Mclean,
Virginia
| – | -$353K | -3,832 | Closed |
|
|
KAS
180
KPP Advisory Services
Louisville,
Kentucky
| – | -$322K | -3,493 | Closed |
|
|
TC
181
TownSquare Capital
Provo,
Utah
| – | -$249K | -2,708 | Closed |
|
|
BMCM
182
Burns Matteson Capital Management
Corning,
New York
| – | -$211K | -2,292 | Closed |
|
|
SIS
183
Strategic Investment Solutions
Orland Park,
Illinois
| – | -$73.8K | -777 | Closed |
|
|
S
184
SignatureFD
Atlanta,
Georgia
| – | -$24.5K | -266 | Closed |
|
185
Legacy Financial Group (Iowa)
Des Moines,
Iowa
| – | -$22.7K | -246 | Closed |
|
|
BTI
186
Blue Trust Inc
Alpharetta,
Georgia
| – | -$11K | -113 | Closed |
|
FNX Hedge Fund Activity: Q4 2023 in Review
171 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q4 2023, worth a combined $845M — up 33% from $637M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new FNX positions and 13 closed out — a net gain of 14 holders — while 41 added to existing stakes and 74 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $108M. The largest seller was Wells Fargo, cutting an estimated $9.78M.
- 171 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q4 2023, up from 158 in Q3 2023.
- Funds reported $845M of First Trust Mid Cap Core AlphaDEX Fund stock for Q4 2023, up 33% quarter-over-quarter.
- 27 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q4 2023 and 13 closed out, a net change of +14 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $108M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q4 2023 was Wells Fargo, an estimated $9.78M sold.
Based on aggregated 13F filings for Q4 2023.