First Trust Mid Cap Growth AlphaDEX Fund
FNY
85 hedge funds and large institutions have $182M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 29 reducing their positions, and 8 closing their positions.
175% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 8
16% more funds holding
Funds holding: 73 → 85 (+12)
4% more capital invested
Capital invested by funds: $174M → $182M (+$7.34M)
2.57% less ownership
Funds ownership: 59.44% → 56.86% (-2.6%)
10% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.88M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.53M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$1.63M |
| 4 |
HC
HNP Capital
Rochester,
New York
|
+$1.2M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$9.38M |
| 2 |
FAIM
Financial Advocates Investment Management
Olympia,
Washington
|
-$8.41M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$1.85M |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
-$1.38M |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.01M |
FNY Hedge Fund Activity: Q4 2019 in Review
85 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2019, worth a combined $182M — up 4.2% from $174M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new FNY positions and 8 closed out — a net gain of 14 holders — while 26 added to existing stakes and 29 trimmed.
The largest buyer was Wells Fargo, adding an estimated $4.88M. The largest seller was Morgan Stanley, cutting an estimated $9.38M.
- 85 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2019, up from 73 in Q3 2019.
- Funds reported $182M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2019, up 4.2% quarter-over-quarter.
- 22 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2019 and 8 closed out, a net change of +14 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2019 was Wells Fargo, an estimated $4.88M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2019 was Morgan Stanley, an estimated $9.38M sold.
Based on aggregated 13F filings for Q4 2019.