First Trust Mid Cap Core AlphaDEX Fund
92 hedge funds and large institutions have $344M invested in First Trust Mid Cap Core AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 33 increasing their positions, 38 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
1% more funds holding
Funds holding: 91 → 92 (+1)
2% more capital invested
Capital invested by funds: $339M → $344M (+$5.5M)
0.26% more ownership
Funds ownership: 48.96% → 49.22% (+0.26%)
13% less repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.02M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.84M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.68M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.64M |
| 5 |
VF
Virtu Financial
New York
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.94M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.23M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$2.66M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.52M |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$1.51M |
FNX Hedge Fund Activity: Q3 2017 in Review
92 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2017, worth a combined $344M — up 1.6% from $339M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNX positions and 6 closed out — a net gain of 3 holders — while 33 added to existing stakes and 38 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.02M. The largest seller was Wells Fargo, cutting an estimated $8.94M.
- 92 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2017, up from 91 in Q2 2017.
- Funds reported $344M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2017, up 1.6% quarter-over-quarter.
- 9 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2017 and 6 closed out, a net change of +3 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2017 was Morgan Stanley, an estimated $3.02M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2017 was Wells Fargo, an estimated $8.94M sold.
Based on aggregated 13F filings for Q3 2017.