We are live on ! Find out more
FNY icon

First Trust Mid Cap Growth AlphaDEX Fund
FNY

50 hedge funds and large institutions have $134M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

133% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 9

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

44% more capital invested

Capital invested by funds: $93M → $134M (+$40.8M)

11.77% more ownership

Funds ownership: 67.08% → 78.84% (+12%)

9% more funds holding

Funds holding: 46 → 50 (+4)

Holders
50
Holders Change
+4
Holders Change %
+8.7%
% of All Funds
1.14%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
8
Increased
21
Reduced
9
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CWM
Cornerstone Wealth Management
Missouri
+$26.8M
2
RJA
Raymond James & Associates
Florida
+$5.38M
3
Bank of America
Bank of America
North Carolina
+$3.88M
4
LPL Financial
LPL Financial
California
+$3.4M
5
Wells Fargo
Wells Fargo
California
+$2.57M

Top Sellers

Rank Fund Capital Flow
1
GRP
Global Retirement Partners
California
-$1.21M
2
IWM
IHT Wealth Management
Illinois
-$793K
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$599K
4
Stifel Financial
Stifel Financial
Missouri
-$110K
5
MML Investors Services
MML Investors Services
Massachusetts
-$65.5K
Name Holding Trade Value Shares
Change 		Change in
Stake
LI
26
LVZ Inc
Michigan
$403K +$1.78K +42 +0.5%
Ameriprise
27
Ameriprise
Minnesota
$395K +$37.6K +887 +11%
SWP
28
Stratos Wealth Partners
Ohio
$351K – – –
DADC
29
D.A. Davidson & Co
Montana
$350K +$342K +8,068 New
GTAM
30
Global Trust Asset Management
Florida
$338K +$331K +7,800 New
Stifel Financial
31
Stifel Financial
Missouri
$317K -$110K -2,591 -26%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$278K -$24.5K -578 -8%
SPC
33
Sigma Planning Corp
Michigan
$234K +$230K +5,410 New
IA
34
IFP Advisors
Florida
$233K +$8.49K +200 +4%
PNC Financial Services Group
35
PNC Financial Services Group
Pennsylvania
$215K +$46.4K +1,094 +28%
CWA
36
Clarus Wealth Advisors
Arizona
$206K – – –
ASN
37
Advisory Services Network
Georgia
$112K +$106K +2,500 New
LTFS
38
Ladenburg Thalmann Financial Services
Florida
$73K – – –
Manulife (Manufacturers Life Insurance)
39
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$40K – – –
SEI Investments
40
SEI Investments
Pennsylvania
$24K +$23.9K +564 New
RCAG
41
Rehmann Capital Advisory Group
Michigan
$14.7K – – –
Citigroup
42
Citigroup
New York
$12K – – –
CAPTRUST Financial Advisors
43
CAPTRUST Financial Advisors
North Carolina
$12K +$11.5K +270 New
TFA
44
Transamerica Financial Advisors
Florida
$9K -$1.44K -34 -15%
SWM
45
SeaCrest Wealth Management
New York
$8K – – –
TRCT
46
Tower Research Capital (TRC)
New York
$5K -$170 -4 -3%
NWM
47
Northwest Wealth Management
Iowa
$4K – – –
GWM
48
Geneos Wealth Management
Colorado
$2K +$2.76K +65 New
SPIA
49
Steward Partners Investment Advisory
New York
$1K – – –
GRP
50
Global Retirement Partners
California
– -$1.21M -29,732 Closed
1
2
3

FNY Hedge Fund Activity: Q2 2018 in Review

50 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2018, worth a combined $134M — up 44% from $93M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FNY positions and 4 closed out — a net gain of 4 holders — while 21 added to existing stakes and 9 trimmed.

The largest buyer was Cornerstone Wealth Management, adding an estimated $26.8M. The largest seller was Global Retirement Partners, exiting entirely with an estimated $1.21M sold.

  • 50 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2018, up from 46 in Q1 2018.
  • Funds reported $134M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2018, up 44% quarter-over-quarter.
  • 8 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2018 and 4 closed out, a net change of +4 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2018 was Cornerstone Wealth Management, an estimated $26.8M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2018 was Global Retirement Partners, an estimated $1.21M sold.

Based on aggregated 13F filings for Q2 2018.