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First Trust Mid Cap Core AlphaDEX Fund

75 hedge funds and large institutions have $478M invested in First Trust Mid Cap Core AlphaDEX Fund in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 27 increasing their positions, 28 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

6% more funds holding

Funds holding: 7175 (+4)

3.95% more ownership

Funds ownership: 52.6%56.56% (+4%)

4% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 28

10% less capital invested

Capital invested by funds: $534M → $478M (-$56M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
75
Holders Change
+4
Holders Change %
+5.63%
% of All Funds
2.09%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
27
Reduced
28
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
$98.1M -$7.55M -146,928 -7%
Wells Fargo
2
Wells Fargo
California
$81.9M -$4.69M -91,189 -5%
UBS Group
3
UBS Group
Switzerland
$54.5M -$8M -155,685 -12%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$37.7M +$37.4M +727,721 +1,301%
AIM
5
Astor Investment Management
Illinois
$26.2M +$1.95M +38,028 +8%
LPL Financial
6
LPL Financial
California
$24.4M -$3.8M -73,977 -13%
Bank of America
7
Bank of America
North Carolina
$14.9M -$2.73M -53,168 -15%
Janney Montgomery Scott
8
Janney Montgomery Scott
Pennsylvania
$12.1M -$539K -10,495 -4%
TFA
9
Transamerica Financial Advisors
Florida
$12M +$4.47M +87,031 +53%
ACM
10
Aviance Capital Management
Florida
$10.5M +$11.2M +218,279 New
Baird Financial Group
11
Baird Financial Group
Wisconsin
$9.9M +$1.49M +28,996 +16%
RJA
12
Raymond James & Associates
Florida
$9.6M +$2.36M +46,010 +30%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$6.16M +$61.8K +1,202 +0.9%
CS
14
Credit Suisse
Switzerland
$5.92M +$6.33M +123,080 New
Stifel Financial
15
Stifel Financial
Missouri
$5.87M -$261K -5,070 -4%
HFS
16
HL Financial Services
Kentucky
$5.37M +$671K +13,056 +13%
CCM
17
Condor Capital Management
New Jersey
$5.11M +$33.8K +657 +0.6%
Goldman Sachs
18
Goldman Sachs
New York
$5.1M +$1.03M +20,084 +23%
Citadel Advisors
19
Citadel Advisors
Florida
$4.6M +$4.3M +83,643 +691%
BTS
20
BB&T Securities
Virginia
$4.27M +$2.5M +48,724 +122%
LPT
21
Legacy Private Trust
Wisconsin
$3.99M -$1.19M -23,109 -22%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$3.33M -$5.66M -110,091 -61%
Ameriprise
23
Ameriprise
Minnesota
$3.05M -$1.59M -30,947 -33%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$2.82M -$35.5K -691 -1%
Susquehanna International Group
25
Susquehanna International Group
Pennsylvania
$2.39M -$762K -14,828 -23%

FNX Hedge Fund Activity: Q3 2015 in Review

75 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2015, worth a combined $478M — down 10% from $534M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new FNX positions and 5 closed out — a net gain of 5 holders — while 27 added to existing stakes and 28 trimmed.

The largest buyer was Raymond James Financial Services Advisors, adding an estimated $37.4M. The largest seller was Arrow Investment Advisors, exiting entirely with an estimated $24.7M sold.

  • 75 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2015, up from 71 in Q2 2015.
  • Funds reported $478M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2015, down 10% quarter-over-quarter.
  • 10 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2015 and 5 closed out, a net change of +5 holders.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2015 was Raymond James Financial Services Advisors, an estimated $37.4M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2015 was Arrow Investment Advisors, an estimated $24.7M sold.

Based on aggregated 13F filings for Q3 2015.