First Trust Mid Cap Growth AlphaDEX Fund
FNY
82 hedge funds and large institutions have $165M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 82 → 82 (0)
1% less capital invested
Capital invested by funds: $167M → $165M (-$2.13M)
1.82% less ownership
Funds ownership: 63.64% → 61.82% (-1.8%)
17% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 30
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$3.7M |
| 2 |
WMP
Wealth Management Partners
Tucson,
Arizona
|
+$2.4M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.8M |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$1.63M |
| 5 |
Morgan Stanley
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
-$2.31M |
| 2 |
BBA
Braun-Bostich & Associates
Canonsburg,
Pennsylvania
|
-$862K |
| 3 |
WEG
World Equity Group
Schaumburg,
Illinois
|
-$732K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$698K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$692K |
FNY Hedge Fund Activity: Q3 2023 in Review
82 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q3 2023, worth a combined $165M — down 1.3% from $167M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNY positions and 7 closed out — a net gain of 1 holder — while 25 added to existing stakes and 30 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $3.7M. The largest seller was Kingsview Wealth Management, cutting an estimated $2.31M.
- 82 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q3 2023, unchanged from Q2 2023.
- Funds reported $165M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q3 2023, down 1.3% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q3 2023 and 7 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q3 2023 was Osaic Holdings, an estimated $3.7M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q3 2023 was Kingsview Wealth Management, an estimated $2.31M sold.
Based on aggregated 13F filings for Q3 2023.