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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.

New
Increased
Maintained
Reduced
Closed

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: 24 (+2)

20% more capital invested

Capital invested by funds: $506M → $605M (+$99.5M)

13% more funds holding

Funds holding: 124140 (+16)

1.38% more ownership

Funds ownership: 56.4%57.78% (+1.4%)

Holders
140
Holders Change
+16
Holders Change %
+12.9%
% of All Funds
2.44%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.07%
New
25
Increased
63
Reduced
29
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$128M -$8.24K -84 -0%
LPL Financial
2
LPL Financial
California
$70.5M +$5.87M +59,865 +9%
Wells Fargo
3
Wells Fargo
California
$69.9M +$2.24M +22,871 +3%
UBS Group
4
UBS Group
Switzerland
$24.7M +$271K +2,764 +1%
RJFSA
5
Raymond James Financial Services Advisors
Florida
$23.3M +$3.84M +39,162 +20%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$21.2M +$4.02M +40,929 +24%
KAS
7
Kestra Advisory Services
Texas
$19M +$2.26M +23,069 +14%
RJA
8
Raymond James & Associates
Florida
$17.3M +$4.77M +48,638 +39%
Osaic Holdings
9
Osaic Holdings
Arizona
$15.6M +$3.04M +31,021 +25%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$13.1M +$1.23M +12,578 +11%
BRWA
11
B. Riley Wealth Advisors
Florida
$12.7M +$418K +4,260 +3%
Bank of America
12
Bank of America
North Carolina
$10.5M +$474K +4,832 +5%
Stifel Financial
13
Stifel Financial
Missouri
$10.1M +$165K +1,686 +2%
GSEP
14
Golden State Equity Partners
California
$9.3M +$9.11M +92,879 New
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$7.15M +$3.3M +33,675 +89%
HWM
16
Holloway Wealth Management
Florida
$6.81M
Commonwealth Equity Services
17
Commonwealth Equity Services
Massachusetts
$6.36M +$1.87M +19,074 +43%
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$6.1M +$1.15M +11,739 +24%
BAM
19
Bellevue Asset Management
Washington
$6.09M +$239K +2,435 +4%
PAG
20
Private Advisor Group
New Jersey
$5.95M +$883K +9,001 +18%
AIA
21
Arrow Investment Advisors
Maryland
$5.88M -$225K -2,298 -4%
Baird Financial Group
22
Baird Financial Group
Wisconsin
$5.81M -$425K -4,335 -7%
HI
23
Harbour Investments
Wisconsin
$5.5M +$975K +9,941 +22%
SCA
24
Snowden Capital Advisors
New York
$4.21M +$748K +7,626 +22%
MIAN
25
Mariner Independent Advisor Network
Kansas
$4.09M -$2.61M -26,647 -39%

FNX Hedge Fund Activity: Q2 2021 in Review

140 of the 5,745 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.