First Trust Energy AlphaDEX Fund
FXN
151 hedge funds and large institutions have $427M invested in First Trust Energy AlphaDEX Fund in 2023 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 49 increasing their positions, 57 reducing their positions, and 26 closing their positions.
6.08% more ownership
Funds ownership: 67.8% → 73.89% (+6.1%)
2% more capital invested
Capital invested by funds: $417M → $427M (+$10.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less funds holding
Funds holding: 154 → 151 (-3)
12% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 26
14% less repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 57
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$53.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.71M |
| 3 |
PG
Prostatis Group
Hanover,
Maryland
|
+$6.44M |
| 4 |
Two Sigma Investments
New York
|
+$1.89M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.69M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$6.9M |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$5.59M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.11M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$4.81M |
FXN Hedge Fund Activity: Q4 2023 in Review
151 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q4 2023, worth a combined $427M — up 2.5% from $417M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FXN and 23 opened new positions — a net loss of 3 holders — while 57 trimmed existing stakes and 49 added.
The largest buyer was Morgan Stanley, adding an estimated $53.1M. The largest seller was Wells Fargo, cutting an estimated $8.69M.
- 151 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q4 2023, down from 154 in Q3 2023.
- Funds reported $427M of First Trust Energy AlphaDEX Fund stock for Q4 2023, up 2.5% quarter-over-quarter.
- 23 funds opened new First Trust Energy AlphaDEX Fund positions in Q4 2023 and 26 closed out, a net change of -3 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q4 2023 was Morgan Stanley, an estimated $53.1M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q4 2023 was Wells Fargo, an estimated $8.69M sold.
Based on aggregated 13F filings for Q4 2023.