First Trust Mid Cap Core AlphaDEX Fund
64 hedge funds and large institutions have $444M invested in First Trust Mid Cap Core AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 35 increasing their positions, 9 reducing their positions, and 5 closing their positions.
289% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
25% more capital invested
Capital invested by funds: $354M → $444M (+$89.9M)
8% more funds holding
Funds holding: 59 → 64 (+5)
1.95% more ownership
Funds ownership: 54.57% → 56.52% (+1.9%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.1M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$13.2M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$10.1M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$7.38M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$1.07M |
| 2 |
JP Morgan Chase
New York
|
-$360K |
| 3 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
-$272K |
| 4 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$265K |
| 5 |
WA
WFG Advisors
Dallas,
Texas
|
-$65.8K |
FNX Hedge Fund Activity: Q1 2014 in Review
64 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2014, worth a combined $444M — up 25% from $354M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNX positions and 5 closed out — a net gain of 5 holders — while 35 added to existing stakes and 9 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $24.1M. The largest seller was Stephens Inc, exiting entirely with an estimated $1.07M sold.
- 64 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2014, up from 59 in Q4 2013.
- Funds reported $444M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2014, up 25% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2014 and 5 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2014 was Morgan Stanley, an estimated $24.1M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2014 was Stephens Inc, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2014.