First Trust Mid Cap Growth AlphaDEX Fund
FNY
32 hedge funds and large institutions have $61.1M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 7 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
12% more capital invested
Capital invested by funds: $54.5M → $61.1M (+$6.64M)
0.75% less ownership
Funds ownership: 58.37% → 57.62% (-0.75%)
18% less funds holding
Funds holding: 39 → 32 (-7)
86% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.11M |
| 2 |
Morgan Stanley
New York
|
+$3.03M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$812K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$300K |
| 5 |
LPL Financial
San Diego,
California
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
-$2.68M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$953K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$835K |
| 5 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$277K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $57K | -$422 | -12 | -0.8% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $43K | +$11.3K | +321 | +38% |
|
28
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $34K | – | – | – |
|
|
TFA
29
Transamerica Financial Advisors
St. Petersburg,
Florida
| $12K | -$1.86K | -53 | -14% |
|
|
GWM
30
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
SAM
32
Shamrock Asset Management
Dallas,
Texas
| – | -$2.68M | -77,533 | Closed |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.09M | -31,687 | Closed |
|
|
ONB
34
Old National Bancorp
Evansville,
Indiana
| – | -$277K | -8,003 | Closed |
|
35
SG Americas Securities
New York
| – | -$263K | -7,601 | Closed |
|
|
DADC
36
D.A. Davidson & Co
Great Falls,
Montana
| – | -$108K | -3,138 | Closed |
|
|
GRP
37
Global Retirement Partners
San Rafael,
California
| – | -$26K | -749 | Closed |
|
|
WEC
38
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$4.32K | -125 | Closed |
|
FNY Hedge Fund Activity: Q3 2017 in Review
32 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q3 2017, worth a combined $61.1M — up 12% from $54.5M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FNY and 1 opened new positions — a net loss of 6 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Bank of America, adding an estimated $5.11M. The largest seller was Shamrock Asset Management, exiting entirely with an estimated $2.68M sold.
- 32 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q3 2017, down from 39 in Q2 2017.
- Funds reported $61.1M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q3 2017, up 12% quarter-over-quarter.
- 1 fund opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q3 2017 and 7 closed out, a net change of -6 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q3 2017 was Bank of America, an estimated $5.11M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q3 2017 was Shamrock Asset Management, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2017.