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First Trust Mid Cap Growth AlphaDEX Fund

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.

New
Increased
Maintained
Reduced
Closed

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

9% more funds holding

Funds holding: 3336 (+3)

12.35% less ownership

Funds ownership: 70.57%58.22% (-12%)

41% less capital invested

Capital invested by funds: $79.2M → $46.9M (-$32.3M)

47% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 17

Holders
36
Holders Change
+3
Holders Change %
+9.09%
% of All Funds
0.96%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
9
Reduced
17
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$9.18M -$4.22M -155,136 -33%
Wells Fargo
2
Wells Fargo
California
$8.35M -$6.57M -241,254 -45%
LPL Financial
3
LPL Financial
California
$5.65M -$4.94M -181,562 -48%
Stifel Financial
4
Stifel Financial
Missouri
$3.92M -$3.19M -117,266 -46%
UBS Group
5
UBS Group
Switzerland
$2.9M +$1.32M +48,395 +93%
TFA
6
Transamerica Financial Advisors
Florida
$2.69M -$9.47M -348,086 -79%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.94M -$16.6K -610 -0.9%
BFEC
8
Benjamin F. Edwards & Company
Missouri
$1.56M +$81.7K +3,002 +6%
CWM
9
Cornerstone Wealth Management
Missouri
$1.47M +$800K +29,401 New
Bank of America
10
Bank of America
North Carolina
$1.38M -$205K -7,522 -14%
RJFSA
11
Raymond James Financial Services Advisors
Florida
$1.03M +$975K +35,835 New
KIA
12
KCM Investment Advisors
California
$995K +$16.3K +600 +2%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$961K +$27K +991 +3%
RJA
14
Raymond James & Associates
Florida
$763K -$526K -19,337 -42%
Jane Street
15
Jane Street
New York
$598K +$564K +20,708 New
Goldman Sachs
16
Goldman Sachs
New York
$361K
CIM
17
Confluence Investment Management
Missouri
$356K -$1.09K -40 -0.3%
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$346K -$10K -368 -3%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$298K -$258K -9,483 -48%
ONB
20
Old National Bancorp
Indiana
$274K
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$260K +$23.1K +850 +10%
First Trust Advisors
22
First Trust Advisors
Illinois
$229K -$296K -10,892 -58%
MFS
23
MSI Financial Services
Massachusetts
$225K +$167K +6,148 +373%
IH
24
IFC Holdings
Florida
$223K -$130K -4,772 -38%
IA
25
IFP Advisors
Florida
$221K -$79.4K -2,918 -36%

FNY Hedge Fund Activity: Q1 2016 in Review

36 of the 3,754 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.