First Trust Mid Cap Growth AlphaDEX Fund
FNY
82 hedge funds and large institutions have $167M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 18 increasing their positions, 37 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
10% more capital invested
Capital invested by funds: $152M → $167M (+$14.6M)
4% more funds holding
Funds holding: 79 → 82 (+3)
1.63% more ownership
Funds ownership: 62.01% → 63.64% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
51% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$9.25M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$2.24M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.31M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$744K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$681K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
-$9.35M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.21M |
| 3 |
Morgan Stanley
New York
|
-$2.08M |
| 4 |
PWM
Purus Wealth Management
Newport Beach,
California
|
-$855K |
| 5 |
LPL Financial
San Diego,
California
|
-$413K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PP
76
Pacifica Partners
Surrey,
Canada
| $16.1K | – | – | – |
|
|
PTC
77
Private Trust Company
Cleveland,
Ohio
| $10.9K | – | – | – |
|
|
CIA
78
Cape Investment Advisory
Mcdonough,
Georgia
| $7.25K | – | – | – |
|
|
WP
79
WealthPLAN Partners
Omaha,
Nebraska
| $5.51K | – | – | – |
|
|
TFA
80
Transamerica Financial Advisors
St. Petersburg,
Florida
| $3K | -$241 | -4 | -10% |
|
81
Fidelity Investments
Boston,
Massachusetts
| $1.75K | -$542 | -9 | -25% |
|
|
TAM
82
Tucker Asset Management
Littleton,
Colorado
| $1.3K | – | – | – |
|
83
Rockefeller Capital Management
New York
| – | -$206K | -3,465 | Closed |
|
FNY Hedge Fund Activity: Q2 2023 in Review
82 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2023, worth a combined $167M — up 9.6% from $152M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FNY positions and 1 closed out — a net gain of 5 holders — while 18 added to existing stakes and 37 trimmed.
The largest buyer was NewEdge Advisors, opening a new position worth an estimated $9.25M. The largest seller was Savior LLC, cutting an estimated $9.35M.
- 82 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2023, up from 79 in Q1 2023.
- Funds reported $167M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2023, up 9.6% quarter-over-quarter.
- 6 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2023 and 1 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2023 was NewEdge Advisors, an estimated $9.25M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2023 was Savior LLC, an estimated $9.35M sold.
Based on aggregated 13F filings for Q2 2023.