First Trust Mid Cap Growth AlphaDEX Fund
FNY
87 hedge funds and large institutions have $180M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 25 increasing their positions, 34 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
26% more capital invested
Capital invested by funds: $143M → $180M (+$36.6M)
18% more funds holding
Funds holding: 74 → 87 (+13)
1.28% more ownership
Funds ownership: 58.81% → 60.09% (+1.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
26% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
+$5.37M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$4.94M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.79M |
| 4 |
HC
HNP Capital
Rochester,
New York
|
+$1.87M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$6.34M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$3.52M |
| 3 |
First Trust Advisors
Wheaton,
Illinois
|
-$3.35M |
| 4 |
Morgan Stanley
New York
|
-$3.2M |
| 5 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$2.64M |
FNY Hedge Fund Activity: Q2 2020 in Review
87 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2020, worth a combined $180M — up 26% from $143M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FNY positions and 6 closed out — a net gain of 14 holders — while 25 added to existing stakes and 34 trimmed.
The largest buyer was Savior LLC, adding an estimated $5.37M. The largest seller was Baird Financial Group, cutting an estimated $6.34M.
- 87 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2020, up from 74 in Q1 2020.
- Funds reported $180M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2020, up 26% quarter-over-quarter.
- 20 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2020 and 6 closed out, a net change of +14 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2020 was Savior LLC, an estimated $5.37M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2020 was Baird Financial Group, an estimated $6.34M sold.
Based on aggregated 13F filings for Q2 2020.