First Trust Energy AlphaDEX Fund
FXN
102 hedge funds and large institutions have $260M invested in First Trust Energy AlphaDEX Fund in 2021 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 48 increasing their positions, 25 reducing their positions, and 12 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
92% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 25
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
26% more capital invested
Capital invested by funds: $207M → $260M (+$52.9M)
4% more funds holding
Funds holding: 98 → 102 (+4)
2.35% more ownership
Funds ownership: 69.02% → 71.37% (+2.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$9.35M |
| 2 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
+$8.98M |
| 3 |
FMP
Financial Management Professionals
Austin,
Texas
|
+$5.41M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.27M |
| 5 |
FEG
Financial Enhancement Group
Anderson,
Indiana
|
+$3.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$6.53M |
| 2 |
Goldman Sachs
New York
|
-$3.54M |
| 3 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$2.87M |
| 4 |
CFG
CMC Financial Group
Atlanta,
Georgia
|
-$2.67M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$2.31M |
FXN Hedge Fund Activity: Q2 2021 in Review
102 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q2 2021, worth a combined $260M — up 26% from $207M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXN positions and 12 closed out — a net gain of 5 holders — while 48 added to existing stakes and 25 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $9.35M. The largest seller was IFP Advisors, cutting an estimated $6.53M.
- 102 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q2 2021, up from 98 in Q1 2021.
- Funds reported $260M of First Trust Energy AlphaDEX Fund stock for Q2 2021, up 26% quarter-over-quarter.
- 17 funds opened new First Trust Energy AlphaDEX Fund positions in Q2 2021 and 12 closed out, a net change of +5 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q2 2021 was Morgan Stanley, an estimated $9.35M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q2 2021 was IFP Advisors, an estimated $6.53M sold.
Based on aggregated 13F filings for Q2 2021.