First Trust Mid Cap Growth AlphaDEX Fund
FNY
36 hedge funds and large institutions have $46.9M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
9% more funds holding
Funds holding: 33 → 36 (+3)
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
88% less capital inflows, than outflows
Capital inflows: $4.37M | Capital outflows: $36M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$1.32M |
| 2 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$975K |
| 3 |
Jane Street
New York
|
+$564K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$205K |
| 5 |
MSI Financial Services
Springfield,
Massachusetts
|
+$167K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$9.47M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.57M |
| 3 |
LPL Financial
San Diego,
California
|
-$4.94M |
| 4 |
Morgan Stanley
New York
|
-$4.22M |
| 5 |
BB&T Securities
Richmond,
Virginia
|
-$3.74M |
FNY Hedge Fund Activity: Q1 2016 in Review
36 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2016, worth a combined $46.9M — down 41% from $79.2M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FNY positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was UBS Group, adding an estimated $1.32M. The largest seller was Transamerica Financial Advisors, cutting an estimated $9.47M.
- 36 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2016, up from 33 in Q4 2015.
- Funds reported $46.9M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2016, down 41% quarter-over-quarter.
- 7 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2016 and 4 closed out, a net change of +3 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2016 was UBS Group, an estimated $1.32M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2016 was Transamerica Financial Advisors, an estimated $9.47M sold.
Based on aggregated 13F filings for Q1 2016.