First Trust Mid Cap Growth AlphaDEX Fund
FNY
35 hedge funds and large institutions have $54.2M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 5 closing their positions.
22% more capital invested
Capital invested by funds: $44.3M → $54.2M (+$9.89M)
10.01% more ownership
Funds ownership: 53.65% → 63.66% (+10%)
5% less funds holding
Funds holding: 37 → 35 (-2)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$6.3M |
| 2 |
Morgan Stanley
New York
|
+$2.19M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$1.01M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$771K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.45M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$530K |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$370K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$315K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$275K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $170K | -$4.61K | -149 | -3% |
|
|
DADC
27
D.A. Davidson & Co
Great Falls,
Montana
| $68K | +$9.78K | +316 | +17% |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $58K | -$24.9K | -806 | -30% |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $37K | – | – | – |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $33K | -$14.2K | -460 | -30% |
|
31
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $25K | -$2.07K | -67 | -8% |
|
|
WEC
32
Winslow Evans & Crocker
Boston,
Massachusetts
| $6.98K | – | – | – |
|
33
Citigroup
New York
| $5K | -$59.1K | -1,912 | -92% |
|
|
GWM
34
Geneos Wealth Management
Englewood,
Colorado
| $5K | -$742 | -24 | -12% |
|
|
35
Jane Street
New York
| – | -$1.45M | -48,258 | Closed |
|
|
CIM
36
Confluence Investment Management
St. Louis,
Missouri
| – | -$370K | -12,317 | Closed |
|
37
Citadel Advisors
Miami,
Florida
| – | -$268K | -8,923 | Closed |
|
38
M&T Bank
Buffalo,
New York
| – | -$255K | -8,509 | Closed |
|
|
TRCT
39
Tower Research Capital (TRC)
New York
| – | -$10K | -346 | Closed |
|
FNY Hedge Fund Activity: Q3 2016 in Review
35 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q3 2016, worth a combined $54.2M — up 22% from $44.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FNY and 4 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 11 added.
The largest buyer was Wells Fargo, adding an estimated $6.3M. The largest seller was Jane Street, exiting entirely with an estimated $1.45M sold.
- 35 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q3 2016, down from 37 in Q2 2016.
- Funds reported $54.2M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q3 2016, up 22% quarter-over-quarter.
- 4 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q3 2016 and 5 closed out, a net change of -1 holder.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q3 2016 was Wells Fargo, an estimated $6.3M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q3 2016 was Jane Street, an estimated $1.45M sold.
Based on aggregated 13F filings for Q3 2016.