First Trust Mid Cap Growth AlphaDEX Fund
FNY
37 hedge funds and large institutions have $43.4M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 9
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
6% more funds holding
Funds holding: 35 → 37 (+2)
13.47% less ownership
Funds ownership: 63.66% → 50.19% (-13%)
65% less capital inflows, than outflows
Capital inflows: $6.14M | Capital outflows: $17.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.43M |
| 2 |
Credit Suisse
Zurich,
Switzerland
|
+$1.14M |
| 3 |
Raymond James & Associates
St Petersburg,
Florida
|
+$931K |
| 4 |
Morgan Stanley
New York
|
+$716K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$431K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$6.59M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$4.36M |
| 3 |
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$4.28M |
| 4 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$989K |
FNY Hedge Fund Activity: Q4 2016 in Review
37 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2016, worth a combined $43.4M — down 20% from $54.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNY positions and 3 closed out — a net gain of 2 holders — while 18 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.43M. The largest seller was Wells Fargo, cutting an estimated $6.59M.
- 37 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2016, up from 35 in Q3 2016.
- Funds reported $43.4M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2016, down 20% quarter-over-quarter.
- 5 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2016 and 3 closed out, a net change of +2 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2016 was Jane Street, an estimated $1.43M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2016 was Wells Fargo, an estimated $6.59M sold.
Based on aggregated 13F filings for Q4 2016.