First Trust Mid Cap Growth AlphaDEX Fund
FNY
79 hedge funds and large institutions have $152M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2023 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 32 reducing their positions, and 9 closing their positions.
3% more capital invested
Capital invested by funds: $147M → $152M (+$4.93M)
0.84% more ownership
Funds ownership: 61.17% → 62.01% (+0.84%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 82 → 79 (-3)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
22% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.83M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.37M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$956K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$664K |
| 5 |
Morgan Stanley
New York
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.38M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.52M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.21M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.1M |
| 5 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
-$669K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
76
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | -$297 | -5 | -11% |
|
77
Commonwealth Equity Services
Waltham,
Massachusetts
| $2.53K | -$101K | -1,704 | -4% |
|
78
Fidelity Investments
Boston,
Massachusetts
| $2.14K | – | – | – |
|
|
TAM
79
Tucker Asset Management
Littleton,
Colorado
| $1.19K | – | – | – |
|
|
80
Citadel Advisors
Miami,
Florida
| – | -$2.38M | -42,149 | Closed |
|
|
MCC
81
Money Concepts Capital
Palm Beach Gardens,
Florida
| – | -$669K | -11,869 | Closed |
|
|
FHC
82
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$300K | -5,312 | Closed |
|
83
Koshinski Asset Management
Decatur,
Illinois
| – | -$254K | -4,500 | Closed |
|
|
DAS
84
Dynamic Advisor Solutions
Phoenix,
Arizona
| – | -$216K | -3,824 | Closed |
|
|
JAWM
85
J. Arnold Wealth Management
Youngstown,
Ohio
| – | -$68.1K | -1,207 | Closed |
|
|
TWC
86
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$24.2K | -436 | Closed |
|
|
NA
87
NewEdge Advisors
New Orleans,
Louisiana
| – | -$5.92K | -105 | Closed |
|
88
AssetMark Inc
Concord,
California
| – | -$508 | -9 | Closed |
|
FNY Hedge Fund Activity: Q1 2023 in Review
79 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2023, worth a combined $152M — up 3.3% from $147M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FNY and 8 opened new positions — a net loss of 1 holder — while 32 trimmed existing stakes and 25 added.
The largest buyer was Raymond James & Associates, adding an estimated $1.83M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.38M sold.
- 79 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2023, down from 82 in Q4 2022.
- Funds reported $152M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2023, up 3.3% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2023 and 9 closed out, a net change of -1 holder.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2023 was Raymond James & Associates, an estimated $1.83M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2023 was Citadel Advisors, an estimated $2.38M sold.
Based on aggregated 13F filings for Q1 2023.