First Trust Mid Cap Growth AlphaDEX Fund
FNY
92 hedge funds and large institutions have $202M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2022 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 25 increasing their positions, 38 reducing their positions, and 25 closing their positions.
7.99% less ownership
Funds ownership: 70.78% → 62.8% (-8%)
18% less funds holding
Funds holding: 112 → 92 (-20)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
34% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 38
37% less capital invested
Capital invested by funds: $321M → $202M (-$119M)
68% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWANC
Guardian Wealth Advisors (North Carolina)
Raleigh,
North Carolina
|
+$1.3M |
| 2 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$1.3M |
| 3 |
Goldman Sachs
New York
|
+$1.29M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.21M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAG
GM Advisory Group
Melville,
New York
|
-$24.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$14.9M |
| 3 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$7.5M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$6.44M |
| 5 |
Morgan Stanley
New York
|
-$6.1M |
FNY Hedge Fund Activity: Q1 2022 in Review
92 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2022, worth a combined $202M — down 37% from $321M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of FNY and 8 opened new positions — a net loss of 17 holders — while 38 trimmed existing stakes and 25 added.
The largest buyer was Guardian Wealth Advisors (North Carolina), opening a new position worth an estimated $1.3M. The largest seller was GM Advisory Group, exiting entirely with an estimated $24.5M sold.
- 92 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2022, down from 112 in Q4 2021.
- Funds reported $202M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2022, down 37% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2022 and 25 closed out, a net change of -17 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2022 was Guardian Wealth Advisors (North Carolina), an estimated $1.3M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2022 was GM Advisory Group, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2022.