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First Trust Mid Cap Growth AlphaDEX Fund

38 hedge funds and large institutions have $48.2M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

40% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 5

11% more capital invested

Capital invested by funds: $43.4M → $48.2M (+$4.87M)

3% more funds holding

Funds holding: 3738 (+1)

2.28% more ownership

Funds ownership: 50.19%52.47% (+2.3%)

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

Holders
38
Holders Change
+1
Holders Change %
+2.7%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
14
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$12.6M +$1.17M +35,609 +10%
Wells Fargo
2
Wells Fargo
California
$11.5M +$2.53M +76,989 +29%
LPL Financial
3
LPL Financial
California
$3.88M +$275K +8,389 +8%
RJA
4
Raymond James & Associates
Florida
$2.99M +$459K +13,988 +19%
CCA
5
Clearwater Capital Advisors
Illinois
$2.58M -$1.02K -31 -0%
KIA
6
KCM Investment Advisors
California
$1.93M -$167K -5,097 -8%
Bank of America
7
Bank of America
North Carolina
$1.71M +$8.95K +273 +0.5%
UBS Group
8
UBS Group
Switzerland
$1.38M +$91.2K +2,782 +7%
BFEC
9
Benjamin F. Edwards & Company
Missouri
$1.3M -$566K -17,272 -31%
KWM
10
Kingsview Wealth Management
Oregon
$840K +$823K +25,091 New
CS
11
Credit Suisse
Switzerland
$822K -$778K -23,724 -49%
HighTower Advisors
12
HighTower Advisors
Illinois
$752K +$92.7K +2,826 +14%
Jane Street
13
Jane Street
New York
$705K -$841K -25,642 -55%
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$646K -$31.3K -954 -5%
MML Investors Services
15
MML Investors Services
Massachusetts
$559K +$538K +16,409 New
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$545K +$61.7K +1,881 +13%
CWM
17
Cornerstone Wealth Management
Missouri
$382K +$45.1K +1,375 +14%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$361K +$354K +10,786 New
Goldman Sachs
19
Goldman Sachs
New York
$351K -$19.9K -608 -5%
IAA
20
Independent Advisor Alliance
North Carolina
$317K +$316K +9,633 New
Janney Montgomery Scott
21
Janney Montgomery Scott
Pennsylvania
$316K +$34.4K +1,050 +13%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$300K -$45.3K -1,380 -13%
LI
23
LVZ Inc
Michigan
$279K +$274K +8,342 New
ONB
24
Old National Bancorp
Indiana
$268K -$48.9K -1,492 -16%
SWP
25
Stratos Wealth Partners
Ohio
$246K -$4.1K -125 -2%

FNY Hedge Fund Activity: Q1 2017 in Review

38 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2017, worth a combined $48.2M — up 11% from $43.4M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new FNY positions and 5 closed out — a net gain of 2 holders — while 13 added to existing stakes and 14 trimmed.

The largest buyer was Wells Fargo, adding an estimated $2.53M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.81M sold.

  • 38 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2017, up from 37 in Q4 2016.
  • Funds reported $48.2M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2017, up 11% quarter-over-quarter.
  • 7 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2017 and 5 closed out, a net change of +2 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2017 was Wells Fargo, an estimated $2.53M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2017 was Susquehanna International Group, an estimated $1.81M sold.

Based on aggregated 13F filings for Q1 2017.