First Trust Mid Cap Growth AlphaDEX Fund
FNY
82 hedge funds and large institutions have $147M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2022 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 26 increasing their positions, 35 reducing their positions, and 8 closing their positions.
4% less capital invested
Capital invested by funds: $154M → $147M (-$6.66M)
1.01% less ownership
Funds ownership: 62.18% → 61.17% (-1%)
5% less funds holding
Funds holding: 86 → 82 (-4)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
26% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 35
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$4.04M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.92M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.77M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.2M |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$658K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$9.41M |
| 2 |
AOG
Alpha Omega Group
Reston,
Virginia
|
-$5.33M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$4.05M |
| 4 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$1.09M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$976K |
FNY Hedge Fund Activity: Q4 2022 in Review
82 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2022, worth a combined $147M — down 4.3% from $154M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FNY and 7 opened new positions — a net loss of 1 holder — while 35 trimmed existing stakes and 26 added.
The largest buyer was LPL Financial, adding an estimated $4.04M. The largest seller was J. Arnold Wealth Management, cutting an estimated $9.41M.
- 82 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2022, down from 86 in Q3 2022.
- Funds reported $147M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2022, down 4.3% quarter-over-quarter.
- 7 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2022 and 8 closed out, a net change of -1 holder.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2022 was LPL Financial, an estimated $4.04M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2022 was J. Arnold Wealth Management, an estimated $9.41M sold.
Based on aggregated 13F filings for Q4 2022.