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First Trust Mid Cap Growth AlphaDEX Fund

56 hedge funds and large institutions have $146M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 23 increasing their positions, 19 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

21% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 19

21% more capital invested

Capital invested by funds: $121M → $146M (+$25.4M)

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

2% more funds holding

Funds holding: 5556 (+1)

0.33% less ownership

Funds ownership: 63.15%62.82% (-0.33%)

Holders
56
Holders Change
+1
Holders Change %
+1.82%
% of All Funds
1.21%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
23
Reduced
19
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$34.6M +$5.51M +132,919 +20%
Wells Fargo
2
Wells Fargo
California
$20.2M +$497K +11,986 +3%
UBS Group
3
UBS Group
Switzerland
$10.4M +$73.3K +1,769 +0.7%
Bank of America
4
Bank of America
North Carolina
$10M +$274K +6,612 +3%
LPL Financial
5
LPL Financial
California
$9.51M -$41.1K -992 -0.4%
FAIM
6
Financial Advocates Investment Management
Washington
$7.67M +$53.1K +1,281 +0.7%
RJA
7
Raymond James & Associates
Florida
$5.71M -$386K -9,326 -7%
First Trust Advisors
8
First Trust Advisors
Illinois
$4.87M +$682K +16,447 +17%
RJFSA
9
Raymond James Financial Services Advisors
Florida
$4.5M +$1.87M +45,061 +76%
GIA
10
Gladstone Institutional Advisory
Florida
$3.55M +$34.3K +828 +1%
Ameriprise
11
Ameriprise
Minnesota
$3.31M +$2.53M +61,112 +393%
BFEC
12
Benjamin F. Edwards & Company
Missouri
$3.04M +$1.06M +25,650 +57%
MML Investors Services
13
MML Investors Services
Massachusetts
$3M +$1.15M +27,724 +66%
KWM
14
Kingsview Wealth Management
Oregon
$2.81M +$3.56K +86 +0.1%
KIA
15
KCM Investment Advisors
California
$2.68M -$80.6K -1,944 -3%
CCA
16
Clearwater Capital Advisors
Illinois
$2.19M -$679K -16,383 -24%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$1.9M +$1.16M +27,881 +173%
Stifel Financial
18
Stifel Financial
Missouri
$1.8M +$893K +21,545 +108%
SWP
19
Stratos Wealth Partners
Ohio
$1.7M +$130K +3,138 +9%
CWM
20
Cornerstone Wealth Management
Missouri
$1.36M +$728K +17,564 +115%
Envestnet Asset Management
21
Envestnet Asset Management
Illinois
$1.32M +$47.9K +1,156 +4%
Commonwealth Equity Services
22
Commonwealth Equity Services
Massachusetts
$1.29M +$222K +5,355 +22%
HighTower Advisors
23
HighTower Advisors
Illinois
$1.02M -$41.6K -1,004 -4%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$934K -$1.41M -34,109 -61%
AG
25
Advisor Group
Arizona
$634K -$8.33K -201 -1%

FNY Hedge Fund Activity: Q1 2019 in Review

56 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2019, worth a combined $146M — up 21% from $121M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FNY positions and 8 closed out — a net gain of 1 holder — while 23 added to existing stakes and 19 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $5.51M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $3.25M.

  • 56 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2019, up from 55 in Q4 2018.
  • Funds reported $146M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2019, up 21% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2019 and 8 closed out, a net change of +1 holder.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2019 was Morgan Stanley, an estimated $5.51M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $3.25M sold.

Based on aggregated 13F filings for Q1 2019.