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First Trust Mid Cap Growth AlphaDEX Fund

55 hedge funds and large institutions have $121M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 22 increasing their positions, 20 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 20

4% less funds holding

Funds holding: 5755 (-2)

12.83% less ownership

Funds ownership: 75.98%63.15% (-13%)

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

35% less capital invested

Capital invested by funds: $185M → $121M (-$64.6M)

Holders
55
Holders Change
-2
Holders Change %
-3.51%
% of All Funds
1.23%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
22
Reduced
20
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$24.2M +$7.74K +193 +0%
Wells Fargo
2
Wells Fargo
California
$16.5M -$7.75M -193,460 -30%
UBS Group
3
UBS Group
Switzerland
$8.64M +$4.6M +114,775 +93%
Bank of America
4
Bank of America
North Carolina
$8.15M -$9.98M -248,971 -53%
LPL Financial
5
LPL Financial
California
$8.01M -$138K -3,452 -2%
FAIM
6
Financial Advocates Investment Management
Washington
$6.39M +$349K +8,713 +5%
RJA
7
Raymond James & Associates
Florida
$5.13M -$595K -14,854 -9%
First Trust Advisors
8
First Trust Advisors
Illinois
$3.49M +$476K +11,865 +14%
Carson Wealth (CWM LLC)
9
Carson Wealth (CWM LLC)
Nebraska
$2.95M +$84.8K +2,115 +3%
GIA
10
Gladstone Institutional Advisory
Florida
$2.95M +$3.26M +81,431 New
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$2.45M +$2.2M +54,782 +431%
CCA
12
Clearwater Capital Advisors
Illinois
$2.43M -$35.3K -880 -1%
KWM
13
Kingsview Wealth Management
Oregon
$2.35M +$1.12M +27,863 +75%
KIA
14
KCM Investment Advisors
California
$2.32M -$74.2K -1,850 -3%
RJFSA
15
Raymond James Financial Services Advisors
Florida
$2.14M -$6.03M -150,530 -72%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$2.02M -$433K -10,800 -16%
Goldman Sachs
17
Goldman Sachs
New York
$1.87M +$1.82M +45,419 +741%
TFA
18
Transamerica Financial Advisors
Florida
$1.81M +$82.9K +2,068 +4%
BFEC
19
Benjamin F. Edwards & Company
Missouri
$1.62M -$22K -549 -1%
LA
20
LexAurum Advisors
Kansas
$1.59M +$88.5K +2,208 +5%
MML Investors Services
21
MML Investors Services
Massachusetts
$1.51M +$222K +5,526 +15%
SWP
22
Stratos Wealth Partners
Ohio
$1.31M -$364K -9,074 -20%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$1.07M +$1.18M +29,462 New
Jane Street
24
Jane Street
New York
$1.02M -$521K -13,004 -32%
Commonwealth Equity Services
25
Commonwealth Equity Services
Massachusetts
$892K +$311K +7,751 +46%

FNY Hedge Fund Activity: Q4 2018 in Review

55 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2018, worth a combined $121M — down 35% from $185M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FNY and 9 opened new positions — a net loss of 2 holders — while 20 trimmed existing stakes and 22 added.

The largest buyer was UBS Group, adding an estimated $4.6M. The largest seller was Cornerstone Wealth Management, cutting an estimated $13M.

  • 55 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2018, down from 57 in Q3 2018.
  • Funds reported $121M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2018, down 35% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2018 and 11 closed out, a net change of -2 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2018 was UBS Group, an estimated $4.6M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2018 was Cornerstone Wealth Management, an estimated $13M sold.

Based on aggregated 13F filings for Q4 2018.