First Trust Mid Cap Growth AlphaDEX Fund
FNY
92 hedge funds and large institutions have $236M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 36 reducing their positions, and 9 closing their positions.
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
31% more capital invested
Capital invested by funds: $180M → $236M (+$56.2M)
6% more funds holding
Funds holding: 87 → 92 (+5)
1.38% more ownership
Funds ownership: 60.09% → 61.47% (+1.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
22% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 36
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $391K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$5.52M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$4.43M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.76M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.19M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$5.84M |
| 2 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
-$2.18M |
| 3 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$881K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$779K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$682K |
FNY Hedge Fund Activity: Q3 2020 in Review
92 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q3 2020, worth a combined $236M — up 31% from $180M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNY positions and 9 closed out — a net gain of 5 holders — while 28 added to existing stakes and 36 trimmed.
The largest buyer was Raymond James Financial Services Advisors, adding an estimated $5.52M. The largest seller was First Heartland Consultants, cutting an estimated $5.84M.
- 92 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q3 2020, up from 87 in Q2 2020.
- Funds reported $236M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q3 2020, up 31% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q3 2020 and 9 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q3 2020 was Raymond James Financial Services Advisors, an estimated $5.52M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q3 2020 was First Heartland Consultants, an estimated $5.84M sold.
Based on aggregated 13F filings for Q3 2020.