First Trust Mid Cap Growth AlphaDEX Fund
FNY
105 hedge funds and large institutions have $318M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 41 reducing their positions, and 17 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
0.9% more ownership
Funds ownership: 66.76% → 67.66% (+0.9%)
0% less capital invested
Capital invested by funds: $319M → $318M (-$837K)
5% less funds holding
Funds holding: 110 → 105 (-5)
12% less repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 41
18% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$15M |
| 2 |
LPL Financial
San Diego,
California
|
+$9.46M |
| 3 |
MCC
Money Concepts Capital
Palm Beach Gardens,
Florida
|
+$6.5M |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$5.26M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$5.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$8.16M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$6.65M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.15M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5.72M |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$5.62M |
FNY Hedge Fund Activity: Q1 2021 in Review
105 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2021, worth a combined $318M — down 0.26% from $319M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FNY and 14 opened new positions — a net loss of 3 holders — while 41 trimmed existing stakes and 36 added.
The largest buyer was J. Arnold Wealth Management, adding an estimated $15M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $8.16M.
- 105 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2021, down from 110 in Q4 2020.
- Funds reported $318M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2021, down 0.26% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2021 and 17 closed out, a net change of -3 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2021 was J. Arnold Wealth Management, an estimated $15M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2021 was Benjamin F. Edwards & Company, an estimated $8.16M sold.
Based on aggregated 13F filings for Q1 2021.