First Trust Mid Cap Growth AlphaDEX Fund
FNY
39 hedge funds and large institutions have $54.5M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
13% more capital invested
Capital invested by funds: $48.2M → $54.5M (+$6.25M)
5.9% more ownership
Funds ownership: 52.47% → 58.37% (+5.9%)
3% more funds holding
Funds holding: 38 → 39 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$2.64M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$981K |
| 4 |
Morgan Stanley
New York
|
+$419K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$705K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$559K |
| 3 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$317K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$297K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$63.7K |
FNY Hedge Fund Activity: Q2 2017 in Review
39 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2017, worth a combined $54.5M — up 13% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new FNY positions and 4 closed out — a net gain of 1 holder — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Shamrock Asset Management, opening a new position worth an estimated $2.64M. The largest seller was Jane Street, exiting entirely with an estimated $705K sold.
- 39 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2017, up from 38 in Q1 2017.
- Funds reported $54.5M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2017, up 13% quarter-over-quarter.
- 5 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2017 and 4 closed out, a net change of +1 holder.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2017 was Shamrock Asset Management, an estimated $2.64M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2017 was Jane Street, an estimated $705K sold.
Based on aggregated 13F filings for Q2 2017.