First Trust Mid Cap Growth AlphaDEX Fund
FNY
57 hedge funds and large institutions have $160M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 6 closing their positions.
81% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 16
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
9% more capital invested
Capital invested by funds: $146M → $160M (+$13.9M)
2% more funds holding
Funds holding: 56 → 57 (+1)
1.33% less ownership
Funds ownership: 62.82% → 61.49% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.76M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.33M |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$2.07M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$2.04M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.88M |
| 2 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$2.81M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$1.32M |
| 4 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$925K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$799K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
51
Geneos Wealth Management
Englewood,
Colorado
| $9K | +$5.53K | +125 | +130% |
|
|
PMFA
52
Plante Moran Financial Advisors
Southfield,
Michigan
| $9K | +$8.81K | +199 | New |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $8K | +$8.54K | +193 | New |
|
|
PFGIA
54
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $5K | +$4.82K | +109 | New |
|
|
TRCT
55
Tower Research Capital (TRC)
New York
| $1K | +$841 | +19 | +380% |
|
|
APA
56
American Portfolios Advisors
Holbrook,
New York
| $90 | – | – | – |
|
|
KWM
57
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$2.81M | -64,978 | Closed |
|
|
CA
58
Cetera Advisors
Denver,
Colorado
| – | -$147K | -3,380 | Closed |
|
|
RCAG
59
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$14.7K | -340 | Closed |
|
|
SWM
60
SeaCrest Wealth Management
Purchase,
New York
| – | -$8K | -195 | Closed |
|
|
NWM
61
Northwest Wealth Management
Spencer,
Iowa
| – | -$4K | -101 | Closed |
|
62
JP Morgan Chase
New York
| – | -$4K | -94 | Closed |
|
FNY Hedge Fund Activity: Q2 2019 in Review
57 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2019, worth a combined $160M — up 9.5% from $146M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FNY positions and 6 closed out — a net gain of 3 holders — while 29 added to existing stakes and 16 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $3.76M. The largest seller was Morgan Stanley, cutting an estimated $3.88M.
- 57 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2019, up from 56 in Q1 2019.
- Funds reported $160M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2019, up 9.5% quarter-over-quarter.
- 9 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2019 and 6 closed out, a net change of +3 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2019 was Envestnet Asset Management, an estimated $3.76M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2019 was Morgan Stanley, an estimated $3.88M sold.
Based on aggregated 13F filings for Q2 2019.