First Trust Mid Cap Core AlphaDEX Fund
158 hedge funds and large institutions have $637M invested in First Trust Mid Cap Core AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 61 increasing their positions, 46 reducing their positions, and 16 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 16
33% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 46
3.19% more ownership
Funds ownership: 60.35% → 63.54% (+3.2%)
2% more funds holding
Funds holding: 155 → 158 (+3)
1% less capital invested
Capital invested by funds: $643M → $637M (-$5.66M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.75M |
| 2 |
GSEP
Golden State Equity Partners
South Coast Metro,
California
|
+$7.35M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$7.24M |
| 4 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$4.62M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.66M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$4.46M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.82M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.75M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.39M |
FNX Hedge Fund Activity: Q3 2023 in Review
158 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Core AlphaDEX Fund (FNX) for Q3 2023, worth a combined $637M — down 0.88% from $643M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FNX positions and 16 closed out — a net gain of 6 holders — while 61 added to existing stakes and 46 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.75M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.66M.
- 158 institutional investors held First Trust Mid Cap Core AlphaDEX Fund (FNX) as of Q3 2023, up from 155 in Q2 2023.
- Funds reported $637M of First Trust Mid Cap Core AlphaDEX Fund stock for Q3 2023, down 0.88% quarter-over-quarter.
- 22 funds opened new First Trust Mid Cap Core AlphaDEX Fund positions in Q3 2023 and 16 closed out, a net change of +6 holders.
- The largest First Trust Mid Cap Core AlphaDEX Fund buyer in Q3 2023 was Wells Fargo, an estimated $8.75M added.
- The largest First Trust Mid Cap Core AlphaDEX Fund seller in Q3 2023 was Raymond James Financial Services Advisors, an estimated $6.66M sold.
Based on aggregated 13F filings for Q3 2023.