First Trust Energy AlphaDEX Fund
FXN
73 hedge funds and large institutions have $96.2M invested in First Trust Energy AlphaDEX Fund in 2019 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 35 reducing their positions, and 21 closing their positions.
4.45% less ownership
Funds ownership: 55.47% → 51.02% (-4.5%)
13% less funds holding
Funds holding: 84 → 73 (-11)
16% less capital invested
Capital invested by funds: $114M → $96.2M (-$18.3M)
38% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 21
57% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 35
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.03M |
| 2 |
WAS
Winch Advisory Services
Appleton,
Wisconsin
|
+$2.66M |
| 3 |
RFWA
RPg Family Wealth Advisory
Burlington,
Massachusetts
|
+$408K |
| 4 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$180K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$155K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.66M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.13M |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.99M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.78M |
| 5 |
CG
Colony Group
Boston,
Massachusetts
|
-$2.49M |
FXN Hedge Fund Activity: Q1 2019 in Review
73 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q1 2019, worth a combined $96.2M — down 16% from $114M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of FXN and 13 opened new positions — a net loss of 8 holders — while 35 trimmed existing stakes and 15 added.
The largest buyer was Ameriprise, adding an estimated $4.03M. The largest seller was Morgan Stanley, cutting an estimated $5.66M.
- 73 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q1 2019, down from 84 in Q4 2018.
- Funds reported $96.2M of First Trust Energy AlphaDEX Fund stock for Q1 2019, down 16% quarter-over-quarter.
- 13 funds opened new First Trust Energy AlphaDEX Fund positions in Q1 2019 and 21 closed out, a net change of -8 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q1 2019 was Ameriprise, an estimated $4.03M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q1 2019 was Morgan Stanley, an estimated $5.66M sold.
Based on aggregated 13F filings for Q1 2019.