First Trust Mid Cap Growth AlphaDEX Fund
FNY
123 hedge funds and large institutions have $369M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2026 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 39 reducing their positions, and 10 closing their positions.
70% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 10
6% more capital invested
Capital invested by funds: $347M → $369M (+$21.9M)
3% more funds holding
Funds holding: 120 → 123 (+3)
2.24% more ownership
Funds ownership: 75.4% → 77.64% (+2.2%)
13% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$13M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$9.7M |
| 3 |
LPL Financial
San Diego,
California
|
+$8.33M |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$8.01M |
| 5 |
AFS
Anderson Financial Strategies
Dayton,
Ohio
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$5.43M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$5.06M |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$3.52M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.94M |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.4M |
FNY Hedge Fund Activity: Q1 2026 in Review
123 of the 8,173 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q1 2026, worth a combined $369M — up 6.3% from $347M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FNY positions and 10 closed out — a net gain of 7 holders — while 34 added to existing stakes and 39 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $13M. The largest seller was First Trust Advisors, exiting entirely with an estimated $5.43M sold.
- 123 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q1 2026, up from 120 in Q4 2025.
- Funds reported $369M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q1 2026, up 6.3% quarter-over-quarter.
- 17 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q1 2026 and 10 closed out, a net change of +7 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q1 2026 was Raymond James Financial, an estimated $13M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q1 2026 was First Trust Advisors, an estimated $5.43M sold.
Based on aggregated 13F filings for Q1 2026.