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First Trust Mid Cap Core AlphaDEX Fund

93 hedge funds and large institutions have $368M invested in First Trust Mid Cap Core AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 49 increasing their positions, 21 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 49 | Existing positions reduced: 21

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

6% more funds holding

Funds holding: 8893 (+5)

3% more capital invested

Capital invested by funds: $356M → $368M (+$12.1M)

0.15% less ownership

Funds ownership: 50.75%50.61% (-0.15%)

Holders
93
Holders Change
+5
Holders Change %
+5.68%
% of All Funds
2.32%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
12
Increased
49
Reduced
21
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$71.2M -$1.1M -18,984 -2%
Wells Fargo
2
Wells Fargo
California
$64.9M +$2.43M +41,826 +4%
UBS Group
3
UBS Group
Switzerland
$35.2M -$5.92M -101,977 -14%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$20.6M +$786K +13,542 +4%
LPL Financial
5
LPL Financial
California
$18.5M +$1.54M +26,605 +9%
Bank of America
6
Bank of America
North Carolina
$12M +$19.6K +338 +0.2%
Stifel Financial
7
Stifel Financial
Missouri
$11.3M +$229K +3,953 +2%
BTS
8
BB&T Securities
Virginia
$9.94M +$914K +15,740 +10%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$9.6M +$862K +14,847 +10%
PFA
10
Pinnacle Family Advisors
Missouri
$9.06M +$2.7M +46,532 +43%
RJA
11
Raymond James & Associates
Florida
$8.1M -$6.64M -114,388 -45%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$7.77M +$667K +11,494 +9%
Ameriprise
13
Ameriprise
Minnesota
$7.07M +$267K +4,594 +4%
CCM
14
Condor Capital Management
New Jersey
$6.53M +$5.63K +97 +0.1%
HFS
15
HL Financial Services
Kentucky
$4.8M -$191K -3,283 -4%
Janney Montgomery Scott
16
Janney Montgomery Scott
Pennsylvania
$4.73M +$198K +3,417 +4%
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$4.15M +$187K +3,218 +5%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$4.01M +$128K +2,212 +3%
FTUS
19
Flow Traders U.S.
New York
$3.96M +$3.84M +66,114 +3,949%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$3.68M -$927K -15,971 -20%
Jane Street
21
Jane Street
New York
$2.89M +$1.4M +24,176 +96%
TFA
22
Transamerica Financial Advisors
Florida
$2.83M -$582K -10,030 -17%
FAAS
23
First Allied Advisory Services
California
$2.58M +$1.12M +19,276 +77%
First Trust Advisors
24
First Trust Advisors
Illinois
$2.1M +$103K +1,775 +5%
SCA
25
Snowden Capital Advisors
New York
$2.03M +$194K +3,336 +11%

FNX Hedge Fund Activity: Q1 2017 in Review

93 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2017, worth a combined $368M — up 3.4% from $356M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new FNX positions and 6 closed out — a net gain of 6 holders — while 49 added to existing stakes and 21 trimmed.

The largest buyer was Flow Traders U.S., adding an estimated $3.84M. The largest seller was Astor Investment Management, exiting entirely with an estimated $7.23M sold.

  • 93 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2017, up from 88 in Q4 2016.
  • Funds reported $368M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2017, up 3.4% quarter-over-quarter.
  • 12 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2017 and 6 closed out, a net change of +6 holders.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2017 was Flow Traders U.S., an estimated $3.84M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2017 was Astor Investment Management, an estimated $7.23M sold.

Based on aggregated 13F filings for Q1 2017.