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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
76
Pacifica Partners
Surrey,
Canada
| $14.1K | – | – | – |
|
|
PTC
77
Private Trust Company
Cleveland,
Ohio
| $10K | – | – | – |
|
|
NA
78
NewEdge Advisors
New Orleans,
Louisiana
| $5.92K | +$6.08K | +105 | New |
|
|
TFA
79
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | +$58 | +1 | +2% |
|
80
Fidelity Investments
Boston,
Massachusetts
| $2.03K | – | – | – |
|
|
TAM
81
Tucker Asset Management
Littleton,
Colorado
| $1.13K | – | – | – |
|
82
AssetMark Inc
Concord,
California
| $508 | +$521 | +9 | New |
|
|
IAIM
83
International Assets Investment Management
Orlando,
Florida
| – | -$1.09M | -27,048 | Closed |
|
84
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$619K | -11,574 | Closed |
|
|
AWM
85
AE Wealth Management
Topeka,
Kansas
| – | -$417K | -7,800 | Closed |
|
86
HighTower Advisors
Chicago,
Illinois
| – | -$275K | -5,121 | Closed |
|
|
SG
87
StoneX Group
New York
| – | -$230K | -4,303 | Closed |
|
|
MA
88
MUFG Americas
New York
| – | -$22K | -415 | Closed |
|
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.