First Trust Energy AlphaDEX Fund
FXN
64 hedge funds and large institutions have $41.5M invested in First Trust Energy AlphaDEX Fund in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 8 increasing their positions, 33 reducing their positions, and 17 closing their positions.
4.34% less ownership
Funds ownership: 45.14% → 40.8% (-4.3%)
10% less funds holding
Funds holding: 71 → 64 (-7)
34% less capital invested
Capital invested by funds: $62.4M → $41.5M (-$20.9M)
41% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 17
76% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$695K |
| 4 |
Jane Street
New York
|
+$568K |
| 5 |
SFG
StrategIQ Financial Group
Merrillville,
Indiana
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$7.35M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$2.68M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.14M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.69M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.16M |
FXN Hedge Fund Activity: Q3 2019 in Review
64 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q3 2019, worth a combined $41.5M — down 34% from $62.4M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXN and 10 opened new positions — a net loss of 7 holders — while 33 trimmed existing stakes and 8 added.
The largest buyer was Morgan Stanley, adding an estimated $3.7M. The largest seller was UBS Group, cutting an estimated $7.35M.
- 64 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q3 2019, down from 71 in Q2 2019.
- Funds reported $41.5M of First Trust Energy AlphaDEX Fund stock for Q3 2019, down 34% quarter-over-quarter.
- 10 funds opened new First Trust Energy AlphaDEX Fund positions in Q3 2019 and 17 closed out, a net change of -7 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q3 2019 was Morgan Stanley, an estimated $3.7M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q3 2019 was UBS Group, an estimated $7.35M sold.
Based on aggregated 13F filings for Q3 2019.