First Trust Mid Cap Core AlphaDEX Fund
140 hedge funds and large institutions have $605M invested in First Trust Mid Cap Core AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 63 increasing their positions, 29 reducing their positions, and 8 closing their positions.
213% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 8
117% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 29
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
20% more capital invested
Capital invested by funds: $506M → $605M (+$99.5M)
13% more funds holding
Funds holding: 124 → 140 (+16)
1.38% more ownership
Funds ownership: 56.4% → 57.78% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
+$9.11M |
| 2 |
LPL Financial
San Diego,
California
|
+$5.87M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.77M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.02M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
-$2.61M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.75M |
| 3 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
-$1.3M |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$1.3M |
| 5 |
CP
Camelot Portfolios
Maumee,
Ohio
|
-$524K |
FNX Hedge Fund Activity: Q2 2021 in Review
140 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q2 2021, worth a combined $605M — up 20% from $506M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new FNX positions and 8 closed out — a net gain of 17 holders — while 63 added to existing stakes and 29 trimmed.
The largest buyer was Golden State Equity Partners, opening a new position worth an estimated $9.11M. The largest seller was Mariner Independent Advisor Network, cutting an estimated $2.61M.
- 140 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q2 2021, up from 124 in Q1 2021.
- Funds reported $605M of First Trust Mid Cap Core AlphaDEX Fund stock for Q2 2021, up 20% quarter-over-quarter.
- 25 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q2 2021 and 8 closed out, a net change of +17 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q2 2021 was Golden State Equity Partners, an estimated $9.11M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q2 2021 was Mariner Independent Advisor Network, an estimated $2.61M sold.
Based on aggregated 13F filings for Q2 2021.