First Trust Mid Cap Core AlphaDEX Fund
91 hedge funds and large institutions have $339M invested in First Trust Mid Cap Core AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 35 increasing their positions, 36 reducing their positions, and 7 closing their positions.
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
3% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 36
1.65% less ownership
Funds ownership: 50.61% → 48.96% (-1.6%)
2% less funds holding
Funds holding: 93 → 91 (-2)
8% less capital invested
Capital invested by funds: $368M → $339M (-$29.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IH
IFC Holdings
Tampa,
Florida
|
+$2.14M |
| 2 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.67M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.16M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.07M |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
+$470K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$9.67M |
| 2 |
PFA
Pinnacle Family Advisors
Springfield,
Missouri
|
-$8.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.71M |
| 4 |
Morgan Stanley
New York
|
-$4.46M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$3.33M |
FNX Hedge Fund Activity: Q2 2017 in Review
91 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2017, worth a combined $339M — down 8% from $368M a quarter earlier.
Fund positioning in FNX was balanced in Q2 2017: 7 funds opened new positions, 7 closed out, 35 added to existing stakes and 36 trimmed.
The largest buyer was IFC Holdings, opening a new position worth an estimated $2.14M. The largest seller was BB&T Securities, cutting an estimated $9.67M.
- 91 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2017, down from 93 in Q1 2017.
- Funds reported $339M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2017, down 8% quarter-over-quarter.
- 7 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2017 and 7 closed out, a net change of 0 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2017 was IFC Holdings, an estimated $2.14M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2017 was BB&T Securities, an estimated $9.67M sold.
Based on aggregated 13F filings for Q2 2017.