First Trust Mid Cap Core AlphaDEX Fund
82 hedge funds and large institutions have $307M invested in First Trust Mid Cap Core AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 29 increasing their positions, 36 reducing their positions, and 8 closing their positions.
4% more capital invested
Capital invested by funds: $296M → $307M (+$11.5M)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
0.28% less ownership
Funds ownership: 45.76% → 45.48% (-0.28%)
1% less funds holding
Funds holding: 83 → 82 (-1)
19% less repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.96M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.78M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$3.38M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.02M |
| 5 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$977K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCM
Condor Capital Management
Martinsville,
New Jersey
|
-$5.49M |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$4.27M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.77M |
| 4 |
Goldman Sachs
New York
|
-$1.47M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$1.43M |
FNX Hedge Fund Activity: Q3 2016 in Review
82 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2016, worth a combined $307M — up 3.9% from $296M a quarter earlier.
Fund positioning in FNX was balanced in Q3 2016: 8 funds opened new positions, 8 closed out, 29 added to existing stakes and 36 trimmed.
The largest buyer was Wells Fargo, adding an estimated $6.96M. The largest seller was Condor Capital Management, exiting entirely with an estimated $5.49M sold.
- 82 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2016, down from 83 in Q2 2016.
- Funds reported $307M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2016, up 3.9% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2016 and 8 closed out, a net change of 0 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2016 was Wells Fargo, an estimated $6.96M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2016 was Condor Capital Management, an estimated $5.49M sold.
Based on aggregated 13F filings for Q3 2016.