First Trust Mid Cap Growth AlphaDEX Fund
FNY
46 hedge funds and large institutions have $93M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $77.8M → $93M (+$15.2M)
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
12% more funds holding
Funds holding: 41 → 46 (+5)
1.29% less ownership
Funds ownership: 68.37% → 67.08% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$7.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.44M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.37M |
| 4 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$1.22M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.86M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$382K |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$261K |
| 4 |
Goldman Sachs
New York
|
-$202K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$197K |
FNY Hedge Fund Activity: Q1 2018 in Review
46 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2018, worth a combined $93M — up 20% from $77.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FNY positions and 5 closed out — a net gain of 5 holders — while 16 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $7.6M. The largest seller was Morgan Stanley, cutting an estimated $1.86M.
- 46 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2018, up from 41 in Q4 2017.
- Funds reported $93M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2018, up 20% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2018 and 5 closed out, a net change of +5 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2018 was Wells Fargo, an estimated $7.6M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2018 was Morgan Stanley, an estimated $1.86M sold.
Based on aggregated 13F filings for Q1 2018.