First Trust Mid Cap Core AlphaDEX Fund
111 hedge funds and large institutions have $508M 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, 33 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
27% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 33
10% more capital invested
Capital invested by funds: $461M → $508M (+$46.9M)
4% more funds holding
Funds holding: 107 → 111 (+4)
1.06% less ownership
Funds ownership: 55.07% → 54% (-1.1%)
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 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$5.55M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.69M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.22M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.15M |
| 5 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$2.14M |
FNX Hedge Fund Activity: Q3 2018 in Review
111 of the 4,374 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 $508M — up 10% from $461M 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 33 trimmed.
The largest buyer was BB&T Securities, adding an estimated $9.71M. The largest seller was Cornerstone Wealth Management, cutting an estimated $5.55M.
- 111 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2018, up from 107 in Q2 2018.
- Funds reported $508M 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 Cornerstone Wealth Management, an estimated $5.55M sold.
Based on aggregated 13F filings for Q3 2018.