First Trust Mid Cap Growth AlphaDEX Fund
FNY
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.
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: 37 → 38 (+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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.53M |
| 2 |
Morgan Stanley
New York
|
+$1.17M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$538K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$459K |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$354K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.81M |
| 2 |
Jane Street
New York
|
-$841K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$778K |
| 4 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$566K |
| 5 |
KIA
KCM Investment Advisors
Greenbrae,
California
|
-$167K |
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.