First Trust Mid Cap Growth AlphaDEX Fund
FNY
89 hedge funds and large institutions have $231M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 32 increasing their positions, 32 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
1% more funds holding
Funds holding: 88 → 89 (+1)
0% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 32
3% less capital invested
Capital invested by funds: $238M → $231M (-$6.78M)
7.4% less ownership
Funds ownership: 78.44% → 71.05% (-7.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$3.09M |
| 2 |
PWA
PCG Wealth Advisors
Overland Park,
Kansas
|
+$1.94M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$970K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
+$545K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$493K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$26.3M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.53M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$5.18M |
| 4 |
RA
RiverTree Advisors
Winter Park,
Florida
|
-$1.06M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$588K |
FNY Hedge Fund Activity: Q1 2024 in Review
89 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2024, worth a combined $231M — down 2.9% from $238M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FNY positions and 5 closed out — a net gain of 2 holders — while 32 added to existing stakes and 32 trimmed.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $3.09M. The largest seller was Morgan Stanley, cutting an estimated $26.3M.
- 89 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2024, up from 88 in Q4 2023.
- Funds reported $231M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2024, down 2.9% quarter-over-quarter.
- 7 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2024 and 5 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2024 was Cetera Advisors, an estimated $3.09M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $26.3M sold.
Based on aggregated 13F filings for Q1 2024.