First Trust Mid Cap Growth AlphaDEX Fund
FNY
49 hedge funds and large institutions have $119M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 20 increasing their positions, 9 reducing their positions, and 4 closing their positions.
702% more capital inflows, than outflows
Capital inflows: $23.3M | Capital outflows: $2.9M
122% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 9
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
7% more funds holding
Funds holding: 46 → 49 (+3)
3.26% less ownership
Funds ownership: 67.08% → 63.81% (-3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
+$5.38M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.88M |
| 3 |
LPL Financial
San Diego,
California
|
+$3.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$2.57M |
| 5 |
Morgan Stanley
New York
|
+$2.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Global Retirement Partners
San Rafael,
California
|
-$1.21M |
| 2 |
IHT Wealth Management
Chicago,
Illinois
|
-$793K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$599K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$110K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$65.5K |
FNY Hedge Fund Activity: Q2 2018 in Review
49 of the 4,386 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2018, worth a combined $119M — up 28% from $93M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FNY positions and 4 closed out — a net gain of 4 holders — while 20 added to existing stakes and 9 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $5.38M. The largest seller was Global Retirement Partners, exiting entirely with an estimated $1.21M sold.
- 49 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2018, up from 46 in Q1 2018.
- Funds reported $119M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2018, up 28% quarter-over-quarter.
- 8 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2018 and 4 closed out, a net change of +4 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2018 was Raymond James & Associates, an estimated $5.38M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2018 was Global Retirement Partners, an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2018.