First Trust Mid Cap Growth AlphaDEX Fund
FNY
94 hedge funds and large institutions have $239M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 31 reducing their positions, and 4 closing their positions.
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
6% more funds holding
Funds holding: 89 → 94 (+5)
1.16% more ownership
Funds ownership: 71.05% → 72.21% (+1.2%)
4% more capital invested
Capital invested by funds: $231M → $239M (+$8.1M)
16% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$5.13M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$4.96M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$4.12M |
| 4 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$3.46M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.45M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$2.98M |
| 2 |
Morgan Stanley
New York
|
-$2.37M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.77M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$1.27M |
| 5 |
BBA
Braun-Bostich & Associates
Canonsburg,
Pennsylvania
|
-$865K |
FNY Hedge Fund Activity: Q2 2024 in Review
94 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2024, worth a combined $239M — up 3.5% from $231M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FNY positions and 4 closed out — a net gain of 7 holders — while 26 added to existing stakes and 31 trimmed.
The largest buyer was Wells Fargo, adding an estimated $5.13M. The largest seller was Benjamin F. Edwards & Company, cutting an estimated $2.98M.
- 94 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2024, up from 89 in Q1 2024.
- Funds reported $239M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2024, up 3.5% quarter-over-quarter.
- 11 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2024 and 4 closed out, a net change of +7 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2024 was Wells Fargo, an estimated $5.13M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2024 was Benjamin F. Edwards & Company, an estimated $2.98M sold.
Based on aggregated 13F filings for Q2 2024.