First Trust Mid Cap Core AlphaDEX Fund
151 hedge funds and large institutions have $598M invested in First Trust Mid Cap Core AlphaDEX Fund in 2022 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 57 increasing their positions, 41 reducing their positions, and 22 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 41
0.64% more ownership
Funds ownership: 58.31% → 58.96% (+0.64%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less capital invested
Capital invested by funds: $621M → $598M (-$23.7M)
5% less funds holding
Funds holding: 159 → 151 (-8)
27% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$6.27M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$5.18M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$3.37M |
| 4 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
+$2.52M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$6.62M |
| 2 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$5.45M |
| 3 |
Morgan Stanley
New York
|
-$3.68M |
| 4 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$2.98M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.44M |
FNX Hedge Fund Activity: Q1 2022 in Review
151 of the 6,360 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q1 2022, worth a combined $598M — down 3.8% from $621M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of FNX and 16 opened new positions — a net loss of 6 holders — while 41 trimmed existing stakes and 57 added.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $6.27M. The largest seller was LPL Financial, cutting an estimated $6.62M.
- 151 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q1 2022, down from 159 in Q4 2021.
- Funds reported $598M of First Trust Mid Cap Core AlphaDEX Fund stock for Q1 2022, down 3.8% quarter-over-quarter.
- 16 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q1 2022 and 22 closed out, a net change of -6 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q1 2022 was Benjamin F. Edwards & Company, an estimated $6.27M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q1 2022 was LPL Financial, an estimated $6.62M sold.
Based on aggregated 13F filings for Q1 2022.