First Trust Mid Cap Growth AlphaDEX Fund
FNY
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 10 funds opening new positions, 22 increasing their positions, 19 reducing their positions, and 11 closing their positions.
16% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 19
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2% less funds holding
Funds holding: 56 → 55 (-1)
6.62% less ownership
Funds ownership: 69.77% → 63.15% (-6.6%)
31% less capital invested
Capital invested by funds: $176M → $121M (-$55.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$4.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.2M |
| 3 |
Goldman Sachs
New York
|
+$1.82M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.18M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$9.98M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.75M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.03M |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$3.55M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$3.37M |
FNY Hedge Fund Activity: Q4 2018 in Review
55 of the 4,505 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 31% from $176M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of FNY and 10 opened new positions — a net loss of 1 holder — while 19 trimmed existing stakes and 22 added.
The largest buyer was UBS Group, adding an estimated $4.6M. The largest seller was Bank of America, cutting an estimated $9.98M.
- 55 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2018, down from 56 in Q3 2018.
- Funds reported $121M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2018, down 31% quarter-over-quarter.
- 10 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2018 and 11 closed out, a net change of -1 holder.
- 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 Bank of America, an estimated $9.98M sold.
Based on aggregated 13F filings for Q4 2018.