First Trust Mid Cap Core AlphaDEX Fund
72 hedge funds and large institutions have $464M invested in First Trust Mid Cap Core AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 21 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
52% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 21
12% more capital inflows, than outflows
Capital inflows: $34.7M | Capital outflows: $31.1M
3% more funds holding
Funds holding: 70 → 72 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$4.92M |
| 2 |
Astor Investment Management
Chicago,
Illinois
|
+$4.79M |
| 3 |
Legacy Private Trust
Neenah,
Wisconsin
|
+$4M |
| 4 |
Aviance Capital Management
Sarasota,
Florida
|
+$3.54M |
| 5 |
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.05M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.82M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
-$6.03M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.34M |
| 5 |
Condor Capital Management
Martinsville,
New Jersey
|
-$3.21M |
FNX Hedge Fund Activity: Q1 2015 in Review
72 of the 3,770 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 $464M — up 3.6% from $448M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNX positions and 5 closed out — a net gain of 4 holders — while 32 added to existing stakes and 21 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 70 in Q4 2014.
- Funds reported $464M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2015, up 3.6% quarter-over-quarter.
- 9 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2015 and 5 closed out, a net change of +4 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.