First Trust Mid Cap Core AlphaDEX Fund
110 hedge funds and large institutions have $505M invested in First Trust Mid Cap Core AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 42 increasing their positions, 32 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
31% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 32
10% more capital invested
Capital invested by funds: $458M → $505M (+$47.8M)
4% more funds holding
Funds holding: 106 → 110 (+4)
0.36% less ownership
Funds ownership: 53.08% → 52.72% (-0.36%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$9.71M |
| 2 |
Morgan Stanley
New York
|
+$5.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.04M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.83M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.69M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.22M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.15M |
| 4 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$2.14M |
| 5 |
Jane Street
New York
|
-$1.91M |
FNX Hedge Fund Activity: Q3 2018 in Review
110 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2018, worth a combined $505M — up 10% from $458M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNX positions and 9 closed out — a net gain of 5 holders — while 42 added to existing stakes and 32 trimmed.
The largest buyer was BB&T Securities, adding an estimated $9.71M. The largest seller was Envestnet Asset Management, cutting an estimated $3.69M.
- 110 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2018, up from 106 in Q2 2018.
- Funds reported $505M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2018, up 10% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2018 and 9 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2018 was BB&T Securities, an estimated $9.71M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2018 was Envestnet Asset Management, an estimated $3.69M sold.
Based on aggregated 13F filings for Q3 2018.