First Trust Energy AlphaDEX Fund
FXN
111 hedge funds and large institutions have $1.31B invested in First Trust Energy AlphaDEX Fund in 2016 Q4 according to their latest regulatory filings, with 26 funds opening new positions, 43 increasing their positions, 31 reducing their positions, and 9 closing their positions.
189% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 9
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
39% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 31
17% more funds holding
Funds holding: 95 → 111 (+16)
3% more capital invested
Capital invested by funds: $1.26B → $1.31B (+$43.1M)
0.21% more ownership
Funds ownership: 82.79% → 83% (+0.21%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$15.5M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.18M |
| 3 |
Morgan Stanley
New York
|
+$6.86M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$5.6M |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$4.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$100M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$4.75M |
| 3 |
LPL Financial
San Diego,
California
|
-$3.81M |
| 4 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$3.47M |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$2.54M |
FXN Hedge Fund Activity: Q4 2016 in Review
111 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q4 2016, worth a combined $1.31B — up 3.4% from $1.26B a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new FXN positions and 9 closed out — a net gain of 17 holders — while 43 added to existing stakes and 31 trimmed.
The largest buyer was Bank of America, adding an estimated $15.5M. The largest seller was First Trust Advisors, cutting an estimated $100M.
- 111 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q4 2016, up from 95 in Q3 2016.
- Funds reported $1.31B of First Trust Energy AlphaDEX Fund stock for Q4 2016, up 3.4% quarter-over-quarter.
- 26 funds opened new First Trust Energy AlphaDEX Fund positions in Q4 2016 and 9 closed out, a net change of +17 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q4 2016 was Bank of America, an estimated $15.5M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q4 2016 was First Trust Advisors, an estimated $100M sold.
Based on aggregated 13F filings for Q4 2016.