First Trust Mid Cap Core AlphaDEX Fund
99 hedge funds and large institutions have $299M invested in First Trust Mid Cap Core AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 24 increasing their positions, 44 reducing their positions, and 15 closing their positions.
10% more capital invested
Capital invested by funds: $271M → $299M (+$28.1M)
1.38% less ownership
Funds ownership: 51.4% → 50.02% (-1.4%)
4% less funds holding
Funds holding: 103 → 99 (-4)
20% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 15
45% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.46M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.96M |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$957K |
| 4 |
CAM
Cozad Asset Management
Champaign,
Illinois
|
+$720K |
| 5 |
LI
LVZ Inc
Holland,
Michigan
|
+$507K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$9.71M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$7.67M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.75M |
| 4 |
Morgan Stanley
New York
|
-$5.21M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$4.89M |
FNX Hedge Fund Activity: Q2 2020 in Review
99 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2020, worth a combined $299M — up 10% from $271M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FNX and 12 opened new positions — a net loss of 3 holders — while 44 trimmed existing stakes and 24 added.
The largest buyer was Raymond James & Associates, adding an estimated $2.46M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $9.71M.
- 99 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2020, down from 103 in Q1 2020.
- Funds reported $299M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2020, up 10% quarter-over-quarter.
- 12 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2020 and 15 closed out, a net change of -3 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2020 was Raymond James & Associates, an estimated $2.46M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2020 was Raymond James Financial Services Advisors, an estimated $9.71M sold.
Based on aggregated 13F filings for Q2 2020.