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First Trust Mid Cap Core AlphaDEX Fund

72 hedge funds and large institutions have $485M invested in First Trust Mid Cap Core AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 20 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

60% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 20

7% more capital invested

Capital invested by funds: $454M → $485M (+$30.5M)

4% more funds holding

Funds holding: 6972 (+3)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.42% less ownership

Funds ownership: 51.05%50.62% (-0.42%)

Holders
72
Holders Change
+3
Holders Change %
+4.35%
% of All Funds
1.92%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
32
Reduced
20
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$112M +$584K +10,998 +0.5%
Wells Fargo
2
Wells Fargo
California
$89.6M -$115K -2,168 -0.1%
UBS Group
3
UBS Group
Switzerland
$64.8M -$7.05M -132,665 -10%
LPL Financial
4
LPL Financial
California
$31.9M -$6.82M -128,370 -18%
AIM
5
Astor Investment Management
Illinois
$24M +$4.79M +90,137 +26%
BTS
6
BB&T Securities
Virginia
$22.9M +$1.4M +26,295 +169%
Bank of America
7
Bank of America
North Carolina
$18.4M -$3.34M -62,831 -16%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$14.5M -$241K -4,537 -2%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$10.9M +$276K +5,196 +3%
B
10
Baird
Wisconsin
$8.78M +$907K +17,069 +12%
LPT
11
Legacy Private Trust
Wisconsin
$6.84M +$4M +75,226 +150%
Stifel Financial
12
Stifel Financial
Missouri
$6.76M +$2.16M +40,704 +49%
CCM
13
Condor Capital Management
New Jersey
$5.86M -$3.21M -60,377 -36%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$5.37M +$4.92M +92,575 +1,578%
HFS
15
HL Financial Services
Kentucky
$5.08M -$142K -2,682 -3%
ACM
16
Aviance Capital Management
Florida
$5.02M +$3.54M +66,715 +263%
Ameriprise
17
Ameriprise
Minnesota
$4.88M +$262K +4,933 +6%
RJA
18
Raymond James & Associates
Florida
$4.6M -$6.03M -113,566 -57%
TFA
19
Transamerica Financial Advisors
Florida
$3.91M +$3.39M +63,839 +813%
CA
20
Cetera Advisors
Colorado
$3.27M -$30K -565 -0.9%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$3.1M +$202K +3,801 +7%
Goldman Sachs
22
Goldman Sachs
New York
$2.95M +$2.07M +38,957 +258%
AIG
23
American International Group
New York
$2.69M -$82.1K -1,546 -3%
FAAS
24
First Allied Advisory Services
California
$2.58M +$128K +2,414 +5%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$2.02M -$867K -16,326 -31%

FNX Hedge Fund Activity: Q1 2015 in Review

72 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2015, worth a combined $485M — up 6.7% from $454M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FNX positions and 5 closed out — a net gain of 5 holders — while 32 added to existing stakes and 20 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $4.92M. The largest seller was UBS Group, cutting an estimated $7.05M.

  • 72 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2015, up from 69 in Q4 2014.
  • Funds reported $485M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2015, up 6.7% quarter-over-quarter.
  • 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2015 and 5 closed out, a net change of +5 holders.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2015 was Envestnet Asset Management, an estimated $4.92M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2015 was UBS Group, an estimated $7.05M sold.

Based on aggregated 13F filings for Q1 2015.