First Trust Energy AlphaDEX Fund
FXN
62 hedge funds and large institutions have $36.9M invested in First Trust Energy AlphaDEX Fund in 2019 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 12 closing their positions.
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
3.05% less ownership
Funds ownership: 40.8% → 37.75% (-3%)
3% less funds holding
Funds holding: 64 → 62 (-2)
11% less capital invested
Capital invested by funds: $41.5M → $36.9M (-$4.56M)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.02M |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$235K |
| 3 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$225K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$186K |
| 5 |
Fisher Asset Management
Camas,
Washington
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$956K |
| 4 |
VF
Virtu Financial
New York
|
-$906K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$651K |
FXN Hedge Fund Activity: Q4 2019 in Review
62 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q4 2019, worth a combined $36.9M — down 11% from $41.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FXN and 11 opened new positions — a net loss of 1 holder — while 27 trimmed existing stakes and 15 added.
The largest buyer was Royal Bank of Canada, adding an estimated $1.02M. The largest seller was Morgan Stanley, cutting an estimated $2M.
- 62 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q4 2019, down from 64 in Q3 2019.
- Funds reported $36.9M of First Trust Energy AlphaDEX Fund stock for Q4 2019, down 11% quarter-over-quarter.
- 11 funds opened new First Trust Energy AlphaDEX Fund positions in Q4 2019 and 12 closed out, a net change of -1 holder.
- The largest First Trust Energy AlphaDEX Fund buyer in Q4 2019 was Royal Bank of Canada, an estimated $1.02M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q4 2019 was Morgan Stanley, an estimated $2M sold.
Based on aggregated 13F filings for Q4 2019.