First Trust Mid Cap Growth AlphaDEX Fund
FNY
127 hedge funds and large institutions have $449M invested in First Trust Mid Cap Growth AlphaDEX Fund in 2026 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 37 increasing their positions, 41 reducing their positions, and 8 closing their positions.
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
22% more capital invested
Capital invested by funds: $369M → $449M (+$79.8M)
3% more funds holding
Funds holding: 123 → 127 (+4)
10% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 41
2.67% less ownership
Funds ownership: 77.64% → 74.97% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.48M |
| 2 |
Morgan Stanley
New York
|
+$7.61M |
| 3 |
P
&Partners
Nashville,
Tennessee
|
+$4.69M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$4.15M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$3.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.2M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$10.9M |
| 3 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$10.8M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$10.3M |
| 5 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$1.29M |
FNY Hedge Fund Activity: Q2 2026 in Review
127 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in First Trust Mid Cap Growth AlphaDEX Fund (FNY) for Q2 2026, worth a combined $449M — up 22% from $369M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FNY positions and 8 closed out — a net gain of 6 holders — while 37 added to existing stakes and 41 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.48M. The largest seller was Wells Fargo, cutting an estimated $12.2M.
- 127 institutional investors held First Trust Mid Cap Growth AlphaDEX Fund (FNY) as of Q2 2026, up from 123 in Q1 2026.
- Funds reported $449M of First Trust Mid Cap Growth AlphaDEX Fund stock for Q2 2026, up 22% quarter-over-quarter.
- 14 funds opened new First Trust Mid Cap Growth AlphaDEX Fund positions in Q2 2026 and 8 closed out, a net change of +6 holders.
- The largest First Trust Mid Cap Growth AlphaDEX Fund buyer in Q2 2026 was LPL Financial, an estimated $9.48M added.
- The largest First Trust Mid Cap Growth AlphaDEX Fund seller in Q2 2026 was Wells Fargo, an estimated $12.2M sold.
Based on aggregated 13F filings for Q2 2026.