First Trust Mid Cap Core AlphaDEX Fund
67 hedge funds and large institutions have $500M invested in First Trust Mid Cap Core AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 36 increasing their positions, 15 reducing their positions, and 5 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 15
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
14% more capital invested
Capital invested by funds: $438M → $500M (+$62M)
5% more funds holding
Funds holding: 64 → 67 (+3)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.45% less ownership
Funds ownership: 56.52% → 56.06% (-0.45%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Churchill Management
Los Angeles,
California
|
+$10.5M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$9.09M |
| 3 |
Morgan Stanley
New York
|
+$8.01M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$6.74M |
| 5 |
LPL Financial
San Diego,
California
|
+$4.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.84M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$2.48M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.41M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$290K |
| 5 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$154K |
FNX Hedge Fund Activity: Q2 2014 in Review
67 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2014, worth a combined $500M — up 14% from $438M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNX positions and 5 closed out — a net gain of 3 holders — while 36 added to existing stakes and 15 trimmed.
The largest buyer was Churchill Management, adding an estimated $10.5M. The largest seller was Susquehanna International Group, cutting an estimated $5.84M.
- 67 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2014, up from 64 in Q1 2014.
- Funds reported $500M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2014, up 14% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2014 and 5 closed out, a net change of +3 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2014 was Churchill Management, an estimated $10.5M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2014 was Susquehanna International Group, an estimated $5.84M sold.
Based on aggregated 13F filings for Q2 2014.