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First Trust Mid Cap Growth AlphaDEX Fund
FNY

55 hedge funds and large institutions have $121M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

4% less funds holding

Funds holding: 57 → 55 (-2)

12.83% less ownership

Funds ownership: 75.98% → 63.15% (-13%)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

35% less capital invested

Capital invested by funds: $185M → $121M (-$64.6M)

Holders
55
Holders Change
-2
Holders Change %
-3.51%
% of All Funds
1.23%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
9
Increased
22
Reduced
20
Closed
11
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
+$4.6M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.2M
3
Goldman Sachs
Goldman Sachs
New York
+$1.82M
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$1.18M
5
KWM
Kingsview Wealth Management
Oregon
+$1.12M

Top Sellers

Rank Fund Capital Flow
1
CWM
Cornerstone Wealth Management
Missouri
-$13M
2
Bank of America
Bank of America
North Carolina
-$9.98M
3
Wells Fargo
Wells Fargo
California
-$7.75M
4
RJFSA
Raymond James Financial Services Advisors
Florida
-$6.03M
5
SFS
Sowell Financial Services
Arkansas
-$3.55M
Name Holding Trade Value Shares
Change 		Change in
Stake
NWM
51
Northwest Wealth Management
Iowa
$4K – – –
GWM
52
Geneos Wealth Management
Colorado
$2K -$1.6K -40 -38%
TWM
53
Titus Wealth Management
California
$434 -$126K -3,146 -21%
APA
54
American Portfolios Advisors
New York
$72 +$80 +2 New
SFS
55
Sowell Financial Services
Arkansas
– -$3.55M -67,898 Closed
MWM
56
Merriman Wealth Management
Washington
– -$1.55M -33,527 Closed
US Bancorp
57
US Bancorp
Minnesota
– -$932K -20,142 Closed
CAN
58
Cetera Advisor Networks
California
– -$720K -15,566 Closed
PAG
59
Private Advisor Group
New Jersey
– -$469K -10,136 Closed
Baird Financial Group
60
Baird Financial Group
Wisconsin
– -$455K -9,923 Closed
SPC
61
Sigma Planning Corp
Michigan
– -$363K -7,841 Closed
CA
62
Cetera Advisors
Colorado
– -$214K -4,581 Closed
SG
63
StoneX Group
New York
– -$207K -4,478 Closed
Citigroup
64
Citigroup
New York
– -$12K -270 Closed
SPIA
65
Steward Partners Investment Advisory
New York
– -$2K -33 Closed
1 2
3

FNY Hedge Fund Activity: Q4 2018 in Review

55 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2018, worth a combined $121M — down 35% from $185M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FNY and 9 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was UBS Group, adding an estimated $4.6M. The largest seller was Cornerstone Wealth Management, cutting an estimated $13M.

  • 55 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2018, down from 57 in Q3 2018.
  • Funds reported $121M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2018, down 35% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2018 and 11 closed out, a net change of -2 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2018 was UBS Group, an estimated $4.6M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $13M sold.

Based on aggregated 13F filings for Q4 2018.