First Trust Energy AlphaDEX Fund
FXN
64 hedge funds and large institutions have $370M invested in First Trust Energy AlphaDEX Fund in 2015 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 29 increasing their positions, 14 reducing their positions, and 7 closing their positions.
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
8% more funds holding
Funds holding: 59 → 64 (+5)
23% less capital invested
Capital invested by funds: $478M → $370M (-$108M)
111.22% less ownership
Funds ownership: 180.62% → 69.4% (-111%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.2M |
| 2 |
MM
Main Management
San Francisco,
California
|
+$9.72M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$4.24M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.57M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$112M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$8.47M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.45M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.51M |
| 5 |
Goldman Sachs
New York
|
-$2.11M |
FXN Hedge Fund Activity: Q2 2015 in Review
64 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q2 2015, worth a combined $370M — down 23% from $478M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXN positions and 7 closed out — a net gain of 5 holders — while 29 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $12.2M. The largest seller was F-Squared Investment Management, cutting an estimated $112M.
- 64 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q2 2015, up from 59 in Q1 2015.
- Funds reported $370M of First Trust Energy AlphaDEX Fund stock for Q2 2015, down 23% quarter-over-quarter.
- 12 funds opened new First Trust Energy AlphaDEX Fund positions in Q2 2015 and 7 closed out, a net change of +5 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q2 2015 was Wells Fargo, an estimated $12.2M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q2 2015 was F-Squared Investment Management, an estimated $112M sold.
Based on aggregated 13F filings for Q2 2015.