First Trust Mid Cap Growth AlphaDEX Fund
FNY
37 hedge funds and large institutions have $44.3M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 13 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
23% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 13
3% more funds holding
Funds holding: 36 → 37 (+1)
4.57% less ownership
Funds ownership: 58.22% → 53.65% (-4.6%)
6% less capital invested
Capital invested by funds: $46.9M → $44.3M (-$2.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.04M |
| 2 |
Jane Street
New York
|
+$805K |
| 3 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
+$443K |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$423K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.29M |
| 2 |
Morgan Stanley
New York
|
-$2.1M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$1.74M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.42M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$372K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $169K | +$26.3K | +901 | +19% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $82K | -$83.9K | -2,869 | -51% |
|
28
Citigroup
New York
| $62K | – | – | – |
|
|
DADC
29
D.A. Davidson & Co
Great Falls,
Montana
| $56K | +$10.4K | +357 | +23% |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $46K | +$29 | +1 | +0.1% |
|
|
AG
31
Advisor Group
Phoenix,
Arizona
| $34K | +$34.4K | +1,178 | New |
|
32
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $26K | +$9.15K | +313 | +57% |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| $10K | +$10.1K | +346 | New |
|
|
BIG
34
Bellwether Investment Group
Chattanooga,
Tennessee
| $7K | +$7.07K | +242 | New |
|
|
WEC
35
Winslow Evans & Crocker
Boston,
Massachusetts
| $6.76K | +$29 | +1 | +0.4% |
|
|
GWM
36
Geneos Wealth Management
Englewood,
Colorado
| $5K | -$8.27K | -283 | -59% |
|
37
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$260K | -9,010 | Closed |
|
|
IH
38
IFC Holdings
Tampa,
Florida
| – | -$223K | -7,623 | Closed |
|
FNY Hedge Fund Activity: Q2 2016 in Review
37 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2016, worth a combined $44.3M — down 5.5% from $46.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNY positions and 3 closed out — a net gain of 2 holders — while 16 added to existing stakes and 13 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $1.04M. The largest seller was LPL Financial, cutting an estimated $2.29M.
- 37 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2016, up from 36 in Q1 2016.
- Funds reported $44.3M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2016, down 5.5% quarter-over-quarter.
- 5 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2016 and 3 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2016 was Raymond James & Associates, an estimated $1.04M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2016 was LPL Financial, an estimated $2.29M sold.
Based on aggregated 13F filings for Q2 2016.