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First Trust Mid Cap Growth AlphaDEX Fund

57 hedge funds and large institutions have $160M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 29 increasing their positions, 16 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

81% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 16

50% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 6

9% more capital invested

Capital invested by funds: $146M → $160M (+$13.9M)

2% more funds holding

Funds holding: 5657 (+1)

1.33% less ownership

Funds ownership: 62.82%61.49% (-1.3%)

Holders
57
Holders Change
+1
Holders Change %
+1.79%
% of All Funds
1.24%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
29
Reduced
16
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$32.2M -$3.88M -87,752 -11%
Wells Fargo
2
Wells Fargo
California
$23.1M +$1.94M +43,822 +9%
UBS Group
3
UBS Group
Switzerland
$13.3M +$2.33M +52,643 +22%
LPL Financial
4
LPL Financial
California
$9.73M -$225K -5,078 -2%
Bank of America
5
Bank of America
North Carolina
$9.13M -$1.32M -29,927 -13%
FAIM
6
Financial Advocates Investment Management
Washington
$8.13M +$92.1K +2,082 +1%
RJFSA
7
Raymond James Financial Services Advisors
Florida
$6.78M +$2.02M +45,719 +44%
RJA
8
Raymond James & Associates
Florida
$5.94M -$42.3K -956 -0.7%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$5.23M +$3.76M +84,986 +278%
First Trust Advisors
10
First Trust Advisors
Illinois
$5.03M -$65.9K -1,489 -1%
GIA
11
Gladstone Institutional Advisory
Florida
$3.97M +$240K +5,419 +7%
Ameriprise
12
Ameriprise
Minnesota
$3.73M +$251K +5,674 +7%
MML Investors Services
13
MML Investors Services
Massachusetts
$3.49M +$335K +7,572 +11%
BFEC
14
Benjamin F. Edwards & Company
Missouri
$3.1M -$81.3K -1,838 -3%
KIA
15
KCM Investment Advisors
California
$2.69M -$115K -2,600 -4%
Cetera Investment Advisers
16
Cetera Investment Advisers
Illinois
$2.21M +$212K +4,800 +11%
TFA
17
Transamerica Financial Advisors
Florida
$2.17M +$2.04M +46,044 +2,481%
SPC
18
Sigma Planning Corp
Michigan
$2.11M +$2.07M +46,742 New
Stifel Financial
19
Stifel Financial
Missouri
$2M +$120K +2,712 +7%
SWP
20
Stratos Wealth Partners
Ohio
$1.72M -$50.7K -1,145 -3%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$1.53M +$172K +3,884 +13%
CCA
22
Clearwater Capital Advisors
Illinois
$1.35M -$925K -20,895 -41%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$1M +$22.2K +502 +2%
IWM
24
IHT Wealth Management
Illinois
$837K +$252K +5,706 +45%
CAN
25
Cetera Advisor Networks
California
$787K +$284K +6,429 +59%

FNY Hedge Fund Activity: Q2 2019 in Review

57 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2019, worth a combined $160M — up 9.5% from $146M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new FNY positions and 6 closed out — a net gain of 3 holders — while 29 added to existing stakes and 16 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $3.76M. The largest seller was Morgan Stanley, cutting an estimated $3.88M.

  • 57 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2019, up from 56 in Q1 2019.
  • Funds reported $160M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2019, up 9.5% quarter-over-quarter.
  • 9 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2019 and 6 closed out, a net change of +3 holders.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2019 was Envestnet Asset Management, an estimated $3.76M added.
  • The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2019 was Morgan Stanley, an estimated $3.88M sold.

Based on aggregated 13F filings for Q2 2019.