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First Trust Mid Cap Growth AlphaDEX Fund

25 hedge funds and large institutions have $55.9M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

267% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 3

133% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 3

59% more capital invested

Capital invested by funds: $35.2M → $55.9M (+$20.7M)

19% more funds holding

Funds holding: 2125 (+4)

6.95% more ownership

Funds ownership: 58.41%65.37% (+7%)

Holders
25
Holders Change
+4
Holders Change %
+19.05%
% of All Funds
0.67%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
11
Reduced
3
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
$16.3M +$1.08M +35,864 +7%
Wells Fargo
2
Wells Fargo
California
$14.2M +$4.11M +136,664 +43%
Stifel Financial
3
Stifel Financial
Missouri
$7.36M +$7.1M +236,274 New
LPL Financial
4
LPL Financial
California
$4.45M +$2.07M +68,749 +92%
TFA
5
Transamerica Financial Advisors
Florida
$4M +$3.42M +113,897 +788%
UBS Group
6
UBS Group
Switzerland
$3.11M -$659K -21,939 -18%
BFEC
7
Benjamin F. Edwards & Company
Missouri
$1.21M +$375K +12,479 +47%
Goldman Sachs
8
Goldman Sachs
New York
$946K +$913K +30,394 New
Bank of America
9
Bank of America
North Carolina
$931K -$587K -19,537 -40%
KIA
10
KCM Investment Advisors
California
$765K +$365K +12,162 +98%
ONB
11
Old National Bancorp
Indiana
$755K
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$670K +$28.5K +950 +5%
Commonwealth Equity Services
13
Commonwealth Equity Services
Massachusetts
$301K +$44.9K +1,494 +18%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$280K +$7.39K +246 +3%
M&T Bank
15
M&T Bank
New York
$243K -$121K -4,017 -34%
JIP
16
Jaffetilchin Investment Partners
Florida
$218K +$210K +7,000 New
WA
17
WFG Advisors
Texas
$80K +$15.1K +503 +25%
Creative Planning
18
Creative Planning
Kansas
$75K
PNC Financial Services Group
19
PNC Financial Services Group
Pennsylvania
$29K +$28.2K +938 New
AIG
20
American International Group
New York
$24.9K +$24K +800 New
MAA
21
Managed Account Advisors
New Jersey
$22K +$21.2K +704 New
DADC
22
D.A. Davidson & Co
Montana
$15K +$2.28K +76 +18%
WEC
23
Winslow Evans & Crocker
Massachusetts
$7.01K
Citigroup
24
Citigroup
New York
$4K +$3.76K +125 New
VFS
25
VSR Financial Services
Kansas
-$218K -7,425 Closed

FNY Hedge Fund Activity: Q1 2015 in Review

25 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2015, worth a combined $55.9M — up 59% from $35.2M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FNY positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 3 trimmed.

The largest buyer was Stifel Financial, opening a new position worth an estimated $7.1M. The largest seller was UBS Group, cutting an estimated $659K.

  • 25 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2015, up from 21 in Q4 2014.
  • Funds reported $55.9M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2015, up 59% quarter-over-quarter.
  • 7 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2015 and 3 closed out, a net change of +4 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2015 was Stifel Financial, an estimated $7.1M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2015 was UBS Group, an estimated $659K sold.

Based on aggregated 13F filings for Q1 2015.