First Trust Energy AlphaDEX Fund
FXN
99 hedge funds and large institutions have $188M invested in First Trust Energy AlphaDEX Fund in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 31 increasing their positions, 36 reducing their positions, and 17 closing their positions.
0.11% more ownership
Funds ownership: 71.37% → 71.48% (+0.11%)
3% less funds holding
Funds holding: 102 → 99 (-3)
12% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 17
14% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 36
28% less capital invested
Capital invested by funds: $260M → $188M (-$72.2M)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.47M |
| 2 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$4.35M |
| 3 |
FWA
FOCUS Wealth Advisors
Houston,
Texas
|
+$3.07M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.46M |
| 5 |
Rockefeller Capital Management
New York
|
+$2.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$9.63M |
| 2 |
Morgan Stanley
New York
|
-$8.78M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$8.09M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.07M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$7.96M |
FXN Hedge Fund Activity: Q3 2021 in Review
99 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q3 2021, worth a combined $188M — down 28% from $260M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXN and 15 opened new positions — a net loss of 2 holders — while 36 trimmed existing stakes and 31 added.
The largest buyer was Envestnet Asset Management, adding an estimated $5.47M. The largest seller was Redhawk Wealth Advisors, exiting entirely with an estimated $9.63M sold.
- 99 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q3 2021, down from 102 in Q2 2021.
- Funds reported $188M of First Trust Energy AlphaDEX Fund stock for Q3 2021, down 28% quarter-over-quarter.
- 15 funds opened new First Trust Energy AlphaDEX Fund positions in Q3 2021 and 17 closed out, a net change of -2 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q3 2021 was Envestnet Asset Management, an estimated $5.47M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q3 2021 was Redhawk Wealth Advisors, an estimated $9.63M sold.
Based on aggregated 13F filings for Q3 2021.