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First Trust Mid Cap Core AlphaDEX Fund

137 hedge funds and large institutions have $590M invested in First Trust Mid Cap Core AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 58 increasing their positions, 38 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 38

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

0.43% less ownership

Funds ownership: 57.78%57.35% (-0.43%)

3% less capital invested

Capital invested by funds: $605M → $590M (-$15.5M)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

2% less funds holding

Funds holding: 140137 (-3)

Holders
137
Holders Change
-3
Holders Change %
-2.14%
% of All Funds
2.4%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
12
Increased
58
Reduced
38
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$123M -$1.97M -19,831 -2%
Wells Fargo
2
Wells Fargo
California
$71M +$2.78M +27,915 +4%
LPL Financial
3
LPL Financial
California
$69.5M +$727K +7,299 +1%
RJFSA
4
Raymond James Financial Services Advisors
Florida
$26M +$3.34M +33,496 +14%
UBS Group
5
UBS Group
Switzerland
$24.8M +$648K +6,509 +3%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$21.1M +$433K +4,353 +2%
KAS
7
Kestra Advisory Services
Texas
$19.1M +$545K +5,470 +3%
RJA
8
Raymond James & Associates
Florida
$16.1M -$747K -7,498 -4%
Osaic Holdings
9
Osaic Holdings
Arizona
$15M -$228K -2,288 -1%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$14.6M +$1.84M +18,502 +14%
BRWA
11
B. Riley Wealth Advisors
Florida
$13M +$138K +1,383 +1%
Stifel Financial
12
Stifel Financial
Missouri
$11.1M +$1.25M +12,503 +12%
Bank of America
13
Bank of America
North Carolina
$10.7M +$460K +4,619 +4%
GSEP
14
Golden State Equity Partners
California
$9.43M +$360K +3,618 +4%
Cetera Investment Advisers
15
Cetera Investment Advisers
Illinois
$7.57M +$604K +6,066 +8%
PAG
16
Private Advisor Group
New Jersey
$6.37M +$577K +5,799 +10%
BAM
17
Bellevue Asset Management
Washington
$6.12M +$120K +1,208 +2%
AIA
18
Arrow Investment Advisors
Maryland
$5.51M -$238K -2,394 -4%
Baird Financial Group
19
Baird Financial Group
Wisconsin
$5.44M -$238K -2,388 -4%
HI
20
Harbour Investments
Wisconsin
$5.36M -$5.78K -58 -0.1%
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$4.55M -$1.42M -14,275 -23%
SCA
22
Snowden Capital Advisors
New York
$4.22M +$118K +1,181 +3%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$4.21M -$2.04M -20,446 -32%
Citadel Advisors
24
Citadel Advisors
Florida
$3.95M +$4.03M +40,439 New
MIAN
25
Mariner Independent Advisor Network
Kansas
$3.69M -$313K -3,146 -8%

FNX Hedge Fund Activity: Q3 2021 in Review

137 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2021, worth a combined $590M — down 2.6% from $605M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FNX and 12 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 58 added.

The largest buyer was Citadel Advisors, opening a new position worth an estimated $4.03M. The largest seller was Pinnacle Family Advisors, exiting entirely with an estimated $3.15M sold.

  • 137 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2021, down from 140 in Q2 2021.
  • Funds reported $590M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2021, down 2.6% quarter-over-quarter.
  • 12 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2021 and 13 closed out, a net change of -1 holder.
  • The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2021 was Citadel Advisors, an estimated $4.03M added.
  • The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2021 was Pinnacle Family Advisors, an estimated $3.15M sold.

Based on aggregated 13F filings for Q3 2021.