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First Trust Mid Cap Growth AlphaDEX Fund

122 hedge funds and large institutions have $369M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 38 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

55% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 11

6% more capital invested

Capital invested by funds: $347M → $369M (+$21.7M)

2.19% more ownership

Funds ownership: 75.4%77.59% (+2.2%)

2% more funds holding

Funds holding: 120122 (+2)

11% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 38

Holders
122
Holders Change
+2
Holders Change %
+1.67%
% of All Funds
1.5%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
17
Increased
34
Reduced
38
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$73.7M +$8.33M +87,711 +12%
Wells Fargo
2
Wells Fargo
California
$54.5M +$1.71M +18,064 +3%
Morgan Stanley
3
Morgan Stanley
New York
$37.2M +$1.79M +18,882 +5%
NA
4
NewEdge Advisors
Louisiana
$26.1M +$864K +9,102 +3%
Raymond James Financial
5
Raymond James Financial
Florida
$18.4M +$13M +137,367 +209%
Cetera Investment Advisers
6
Cetera Investment Advisers
Illinois
$16M +$8.01M +84,347 +91%
P
7
&Partners
Tennessee
$13.7M -$413K -4,348 -3%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$12.2M +$9.7M +102,221 +310%
UBS Group
9
UBS Group
Switzerland
$12M -$572K -6,026 -4%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$9.85M +$349K +3,673 +3%
Osaic Holdings
11
Osaic Holdings
Arizona
$6.27M +$1.03M +10,846 +19%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$4.6M +$39.2K +413 +0.8%
Goldman Sachs
13
Goldman Sachs
New York
$4.52M
Janney Montgomery Scott
14
Janney Montgomery Scott
Pennsylvania
$4.27M -$391K -4,120 -8%
KWM
15
Kingsview Wealth Management
Oregon
$3.78M -$101K -1,064 -2%
Northwestern Mutual Wealth Management
16
Northwestern Mutual Wealth Management
Wisconsin
$3.64M -$195K -2,052 -5%
KAS
17
Kestra Advisory Services
Texas
$3.51M -$1.4M -14,721 -28%
PAG
18
Private Advisor Group
New Jersey
$3.5M -$116K -1,218 -3%
WMP
19
Wealth Management Partners
Arizona
$3.29M +$41.3K +435 +1%
SPIA
20
Steward Partners Investment Advisory
New York
$3.28M +$560K +5,898 +19%
AFS
21
Anderson Financial Strategies
Ohio
$3.28M +$3.03M +31,929 New
KIA
22
KCM Investment Advisors
California
$3.24M -$187K -1,968 -5%
EH
23
Equitable Holdings
New York
$2.36M +$363K +3,828 +17%
Jones Financial Companies
24
Jones Financial Companies
Missouri
$2.06M +$288K +3,034 +15%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$1.8M -$320K -3,375 -14%

FNY Hedge Fund Activity: Q1 2026 in Review

122 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2026, worth a combined $369M — up 6.2% from $347M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FNY positions and 11 closed out — a net gain of 6 holders — while 34 added to existing stakes and 38 trimmed.

The largest buyer was Raymond James Financial, adding an estimated $13M. The largest seller was First Trust Advisors, exiting entirely with an estimated $5.43M sold.

  • 122 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2026, up from 120 in Q4 2025.
  • Funds reported $369M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2026, up 6.2% quarter-over-quarter.
  • 17 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2026 and 11 closed out, a net change of +6 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2026 was Raymond James Financial, an estimated $13M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2026 was First Trust Advisors, an estimated $5.43M sold.

Based on aggregated 13F filings for Q1 2026.