First Trust Mid Cap Growth AlphaDEX Fund
FNY
110 hedge funds and large institutions have $319M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 35 increasing their positions, 39 reducing their positions, and 5 closing their positions.
380% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
35% more capital invested
Capital invested by funds: $236M → $319M (+$83M)
20% more funds holding
Funds holding: 92 → 110 (+18)
5.29% more ownership
Funds ownership: 61.47% → 66.76% (+5.3%)
10% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$10.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$4.77M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.44M |
| 4 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$2.23M |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$5.37M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.64M |
| 3 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$2.96M |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$2.56M |
| 5 |
WI
Wintrust Investments
Chicago,
Illinois
|
-$1.24M |
FNY Hedge Fund Activity: Q4 2020 in Review
110 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q4 2020, worth a combined $319M — up 35% from $236M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FNY positions and 5 closed out — a net gain of 19 holders — while 35 added to existing stakes and 39 trimmed.
The largest buyer was First Heartland Consultants, adding an estimated $10.7M. The largest seller was Bank of America, cutting an estimated $5.37M.
- 110 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q4 2020, up from 92 in Q3 2020.
- Funds reported $319M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q4 2020, up 35% quarter-over-quarter.
- 24 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q4 2020 and 5 closed out, a net change of +19 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q4 2020 was First Heartland Consultants, an estimated $10.7M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q4 2020 was Bank of America, an estimated $5.37M sold.
Based on aggregated 13F filings for Q4 2020.