First Trust Mid Cap Growth AlphaDEX Fund
FNY
73 hedge funds and large institutions have $174M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 27 increasing their positions, 20 reducing their positions, and 5 closing their positions.
320% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 5
35% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 20
28% more funds holding
Funds holding: 57 → 73 (+16)
9% more capital invested
Capital invested by funds: $160M → $174M (+$14.3M)
2.05% less ownership
Funds ownership: 61.49% → 59.44% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$4.16M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.07M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.98M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.82M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$4.32M |
| 2 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$2.12M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.28M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$779K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$575K |
FNY Hedge Fund Activity: Q3 2019 in Review
73 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q3 2019, worth a combined $174M — up 8.9% from $160M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FNY positions and 5 closed out — a net gain of 16 holders — while 27 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $4.16M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $4.32M.
- 73 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q3 2019, up from 57 in Q2 2019.
- Funds reported $174M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q3 2019, up 8.9% quarter-over-quarter.
- 21 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q3 2019 and 5 closed out, a net change of +16 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q3 2019 was Morgan Stanley, an estimated $4.16M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q3 2019 was Raymond James Financial Services Advisors, an estimated $4.32M sold.
Based on aggregated 13F filings for Q3 2019.