First Trust Mid Cap Growth AlphaDEX Fund
FNY
27 hedge funds and large institutions have $70.9M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 4 reducing their positions, and 3 closing their positions.
250% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 4
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
27% more capital invested
Capital invested by funds: $55.9M → $70.9M (+$15M)
8% more funds holding
Funds holding: 25 → 27 (+2)
3.52% more ownership
Funds ownership: 65.37% → 68.88% (+3.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$5M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$3.98M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.14M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$2.05M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.48M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$639K |
| 2 |
M&T Bank
Buffalo,
New York
|
-$243K |
| 3 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$218K |
| 4 |
Goldman Sachs
New York
|
-$212K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$181K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WEC
26
Winslow Evans & Crocker
Boston,
Massachusetts
| $6.92K | – | – | – |
|
|
27
M&T Bank
Buffalo,
New York
| – | -$243K | -7,812 | Closed |
|
|
JIP
28
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$218K | -7,000 | Closed |
|
29
Creative Planning
Overland Park,
Kansas
| – | -$75K | -2,400 | Closed |
|
FNY Hedge Fund Activity: Q2 2015 in Review
27 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2015, worth a combined $70.9M — up 27% from $55.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNY positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 4 trimmed.
The largest buyer was Transamerica Financial Advisors, adding an estimated $5M. The largest seller was Wells Fargo, cutting an estimated $639K.
- 27 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2015, up from 25 in Q1 2015.
- Funds reported $70.9M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2015, up 27% quarter-over-quarter.
- 5 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2015 and 3 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2015 was Transamerica Financial Advisors, an estimated $5M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2015 was Wells Fargo, an estimated $639K sold.
Based on aggregated 13F filings for Q2 2015.