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First Trust Energy AlphaDEX Fund
FXN

68 hedge funds and large institutions have $109M invested in First Trust Energy AlphaDEX Fund in 2017 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 18 increasing their positions, 36 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.75% less ownership

Funds ownership: 52.87% → 48.12% (-4.7%)

13% less funds holding

Funds holding: 78 → 68 (-10)

22% less capital invested

Capital invested by funds: $140M → $109M (-$31.4M)

50% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 36

62% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 13

Holders
68
Holders Change
-10
Holders Change %
-12.82%
% of All Funds
1.7%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
5
Increased
18
Reduced
36
Closed
13
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
BCI
Brinker Capital Investments
Pennsylvania
+$4.65M
2
FAM
Flaharty Asset Management
Florida
+$2.96M
3
IWM
IHT Wealth Management
Illinois
+$1.33M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.22M
5
VF
Virtu Financial
New York
+$522K

Top Sellers

Rank Fund Capital Flow
1
Bank of America
Bank of America
North Carolina
-$17.5M
2
Wells Fargo
Wells Fargo
California
-$6.02M
3
Morgan Stanley
Morgan Stanley
New York
-$5.41M
4
Ameriprise
Ameriprise
Minnesota
-$4.13M
5
AIM
Astor Investment Management
Illinois
-$3.68M
Name Holding Trade Value Shares
Change 		Change in
Stake
RFWA
51
RPg Family Wealth Advisory
Massachusetts
$66.1K +$11.2K +841 +22%
NFG
52
Next Financial Group
Texas
$32K – – –
FHA
53
First Horizon Advisors
Tennessee
$26K – – –
SPIA
54
Steward Partners Investment Advisory
New York
$17K +$9.59K +722 +149%
GWM
55
Geneos Wealth Management
Colorado
$16K +$1.41K +106 +10%
RFM
56
Royal Fund Management
Florida
$10K – – –
TFA
57
Transamerica Financial Advisors
Florida
$10K – – –
Fifth Third Bancorp
58
Fifth Third Bancorp
Ohio
$9K – – –
FCMT
59
Founders Capital Management (Texas)
Texas
$9K – – –
PMFA
60
Plante Moran Financial Advisors
Michigan
$6K +$5.98K +450 New
JP Morgan Chase
61
JP Morgan Chase
New York
$5K -$317K -23,838 -99%
Carson Wealth (CWM LLC)
62
Carson Wealth (CWM LLC)
Nebraska
$5K -$11.3K -852 -72%
MWM
63
MinichMacGregor Wealth Management
New York
$4K +$850 +64 +23%
NC
64
NewSquare Capital
Pennsylvania
$3K +$3.07K +231 New
ACM
65
Aviance Capital Management
Florida
$2K -$2.5K -188 -62%
Manulife (Manufacturers Life Insurance)
66
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2K -$890 -67 -29%
ASN
67
Advisory Services Network
Georgia
$1K -$3.65K -275 -73%
BRWA
68
B. Riley Wealth Advisors
Florida
– -$391K -29,331 Closed
FAAS
69
First Allied Advisory Services
California
– -$269K -20,111 Closed
HighTower Advisors
70
HighTower Advisors
Illinois
– -$264K -19,595 Closed
UCFA
71
United Capital Financial Advisors
Texas
– -$239K -17,952 Closed
CC
72
Cedar Capital
Illinois
– -$223K -16,746 Closed
FAM
73
Formidable Asset Management
Ohio
– -$138K -10,380 Closed
SEI Investments
74
SEI Investments
Pennsylvania
– -$27K -2,000 Closed
DADC
75
D.A. Davidson & Co
Montana
– -$25K -1,945 Closed
1 2
3
4

FXN Hedge Fund Activity: Q3 2017 in Review

68 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q3 2017, worth a combined $109M — down 22% from $140M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FXN and 5 opened new positions — a net loss of 8 holders — while 36 trimmed existing stakes and 18 added.

The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $4.65M. The largest seller was Bank of America, cutting an estimated $17.5M.

  • 68 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q3 2017, down from 78 in Q2 2017.
  • Funds reported $109M of First Trust Energy AlphaDEX Fund stock for Q3 2017, down 22% quarter-over-quarter.
  • 5 funds opened new First Trust Energy AlphaDEX Fund positions in Q3 2017 and 13 closed out, a net change of -8 holders.
  • The largest First Trust Energy AlphaDEX Fund buyer in Q3 2017 was Brinker Capital Investments, an estimated $4.65M added.
  • The largest First Trust Energy AlphaDEX Fund seller in Q3 2017 was Bank of America, an estimated $17.5M sold.

Based on aggregated 13F filings for Q3 2017.