First Trust Mid Cap Core AlphaDEX Fund
76 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, 29 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
7% more funds holding
Funds holding: 71 → 76 (+5)
3.98% more ownership
Funds ownership: 52.6% → 56.58% (+4%)
7% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 29
10% less capital invested
Capital invested by funds: $534M → $478M (-$55.8M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$37.4M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
+$11.2M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.33M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$4.47M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$24.7M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$8.72M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$8M |
| 4 |
Morgan Stanley
New York
|
-$7.55M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.66M |
FNX Hedge Fund Activity: Q3 2015 in Review
76 of the 3,590 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 4 closed out — a net gain of 6 holders — while 27 added to existing stakes and 29 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.
- 76 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 4 closed out, a net change of +6 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.