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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.65M |
| 2 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$2.96M |
| 3 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.33M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 5 |
VF
Virtu Financial
New York
|
+$522K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$17.5M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.02M |
| 3 |
Morgan Stanley
New York
|
-$5.41M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$4.13M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$3.68M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NA
76
NewEdge Advisors
New Orleans,
Louisiana
| – | -$18.4K | -1,398 | Closed |
|
|
SAM
77
Shamrock Asset Management
Dallas,
Texas
| – | -$18K | -1,317 | Closed |
|
|
WEC
78
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$5.32K | -400 | Closed |
|
79
Creative Planning
Overland Park,
Kansas
| – | -$4K | -268 | Closed |
|
|
GI
80
Gradient Investments
Arden Hills,
Minnesota
| – | -$3K | -250 | Closed |
|
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.