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First Trust Mid Cap Core AlphaDEX Fund

101 hedge funds and large institutions have $404M invested in First Trust Mid Cap Core AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 44 increasing their positions, 33 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 33

9% more capital invested

Capital invested by funds: $370M → $404M (+$33.1M)

1.13% more ownership

Funds ownership: 49.87%51% (+1.1%)

3% less funds holding

Funds holding: 104101 (-3)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

Holders
101
Holders Change
-3
Holders Change %
-2.88%
% of All Funds
2.31%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
44
Reduced
33
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$89.2M +$11.9M +178,389 +15%
Wells Fargo
2
Wells Fargo
California
$59.7M +$3.56M +53,440 +6%
UBS Group
3
UBS Group
Switzerland
$45.3M +$4.24M +63,646 +10%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$24.2M +$255K +3,828 +1%
LPL Financial
5
LPL Financial
California
$20.3M -$391K -5,864 -2%
Baird Financial Group
6
Baird Financial Group
Wisconsin
$15.3M +$3.98M +59,789 +34%
Bank of America
7
Bank of America
North Carolina
$12.7M +$1.39M +20,830 +12%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$12.1M +$210K +3,150 +2%
Stifel Financial
9
Stifel Financial
Missouri
$7.88M -$203K -3,048 -2%
CCM
10
Condor Capital Management
New Jersey
$7.55M -$17.9K -269 -0.2%
PFA
11
Pinnacle Family Advisors
Missouri
$7.27M +$7.1M +106,620 +2,369%
FAAS
12
First Allied Advisory Services
California
$7.13M +$5.1M +76,627 +236%
RJA
13
Raymond James & Associates
Florida
$6.65M +$171K +2,561 +3%
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$6.55M -$381K -5,725 -5%
BFEC
15
Benjamin F. Edwards & Company
Missouri
$5.75M +$828K +12,431 +16%
HFS
16
HL Financial Services
Kentucky
$4.88M -$111K -1,671 -2%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$4.68M +$185K +2,783 +4%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$4.32M -$301K -4,514 -6%
Ameriprise
19
Ameriprise
Minnesota
$3.77M +$1.04M +15,656 +37%
First Trust Advisors
20
First Trust Advisors
Illinois
$3.1M +$176K +2,635 +6%
SCA
21
Snowden Capital Advisors
New York
$2.87M +$382K +5,739 +15%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$2.62M -$61.8K -928 -2%
CCA
23
Clearwater Capital Advisors
Illinois
$2.59M +$150K +2,253 +6%
Susquehanna International Group
24
Susquehanna International Group
Pennsylvania
$2.48M +$1.74M +26,121 +221%
DADC
25
D.A. Davidson & Co
Montana
$2.22M +$601K +9,029 +36%

FNX Hedge Fund Activity: Q1 2018 in Review

101 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2018, worth a combined $404M — up 8.9% from $370M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FNX and 9 opened new positions — a net loss of 2 holders — while 33 trimmed existing stakes and 44 added.

The largest buyer was Morgan Stanley, adding an estimated $11.9M. The largest seller was HBK Sorce Advisory, exiting entirely with an estimated $1.74M sold.

  • 101 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2018, down from 104 in Q4 2017.
  • Funds reported $404M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2018, up 8.9% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2018 and 11 closed out, a net change of -2 holders.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2018 was Morgan Stanley, an estimated $11.9M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2018 was HBK Sorce Advisory, an estimated $1.74M sold.

Based on aggregated 13F filings for Q1 2018.