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First Trust Mid Cap Growth AlphaDEX Fund

21 hedge funds and large institutions have $35.2M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 2

167% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 3

51% more capital invested

Capital invested by funds: $23.3M → $35.2M (+$11.9M)

17% more funds holding

Funds holding: 1821 (+3)

7.31% more ownership

Funds ownership: 51.1%58.41% (+7.3%)

Holders
21
Holders Change
+3
Holders Change %
+16.67%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
8
Reduced
2
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$14.3M +$4.17M +147,443 +44%
Wells Fargo
2
Wells Fargo
California
$9.39M +$3.32M +117,418 +58%
UBS Group
3
UBS Group
Switzerland
$3.58M +$3.44M +121,764 New
LPL Financial
4
LPL Financial
California
$2.21M +$173K +6,131 +9%
Bank of America
5
Bank of America
North Carolina
$1.45M +$605K +21,389 +76%
BFEC
6
Benjamin F. Edwards & Company
Missouri
$774K +$553K +19,538 +287%
ONB
7
Old National Bancorp
Indiana
$713K
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$605K +$145K +5,123 +33%
TFA
9
Transamerica Financial Advisors
Florida
$425K +$409K +14,445 New
KIA
10
KCM Investment Advisors
California
$365K +$60.8K +2,151 +21%
M&T Bank
11
M&T Bank
New York
$348K +$37.6K +1,330 +13%
Cambridge Investment Research Advisors
12
Cambridge Investment Research Advisors
Iowa
$257K -$47.1K -1,664 -16%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$240K +$231K +8,177 New
VFS
14
VSR Financial Services
Kansas
$218K +$210K +7,425 New
Deutsche Bank
15
Deutsche Bank
Germany
$182K +$175K +6,200 New
Creative Planning
16
Creative Planning
Kansas
$71K +$67.9K +2,400 New
WA
17
WFG Advisors
Texas
$60K -$12.7K -449 -18%
DADC
18
D.A. Davidson & Co
Montana
$12K +$11.9K +421 New
WEC
19
Winslow Evans & Crocker
Massachusetts
$6.61K
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$3K
Goldman Sachs
21
Goldman Sachs
New York
-$1.8M -64,989 Closed
Ameriprise
22
Ameriprise
Minnesota
-$45K -1,610 Closed
PAG
23
Private Advisor Group
New Jersey
-$6K -200 Closed
Parallax Volatility Advisers
24
Parallax Volatility Advisers
California
+$28 +1 New

FNY Hedge Fund Activity: Q4 2014 in Review

21 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2014, worth a combined $35.2M — up 51% from $23.3M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new FNY positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 2 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $4.17M. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.8M sold.

  • 21 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2014, up from 18 in Q3 2014.
  • Funds reported $35.2M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2014, up 51% quarter-over-quarter.
  • 8 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2014 and 3 closed out, a net change of +5 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2014 was Morgan Stanley, an estimated $4.17M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2014 was Goldman Sachs, an estimated $1.8M sold.

Based on aggregated 13F filings for Q4 2014.