First Trust Energy AlphaDEX Fund
FXN
101 hedge funds and large institutions have $306M invested in First Trust Energy AlphaDEX Fund in 2017 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 21 increasing their positions, 54 reducing their positions, and 29 closing their positions.
9% less funds holding
Funds holding: 111 → 101 (-10)
27.03% less ownership
Funds ownership: 83% → 55.98% (-27%)
31% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 29
61% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 54
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
77% less capital invested
Capital invested by funds: $1.31B → $306M (-$999M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$13.1M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.63M |
| 3 |
Jane Street
New York
|
+$4.95M |
| 4 |
FAM
Flaharty Asset Management
Clearwater,
Florida
|
+$3.29M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$597M |
| 2 |
Morgan Stanley
New York
|
-$112M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$78.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$25.8M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$23.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$10K | -600 | Closed |
|
127
SEI Investments
Oaks,
Pennsylvania
| – | -$8K | -513 | Closed |
|
|
HI
128
Hudock Inc
Williamsport,
Pennsylvania
| – | -$2K | -140 | Closed |
|
FXN Hedge Fund Activity: Q1 2017 in Review
101 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q1 2017, worth a combined $306M — down 77% from $1.31B a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of FXN and 20 opened new positions — a net loss of 9 holders — while 54 trimmed existing stakes and 21 added.
The largest buyer was Hays Advisory, opening a new position worth an estimated $13.1M. The largest seller was First Trust Advisors, exiting entirely with an estimated $597M sold.
- 101 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q1 2017, down from 111 in Q4 2016.
- Funds reported $306M of First Trust Energy AlphaDEX Fund stock for Q1 2017, down 77% quarter-over-quarter.
- 20 funds opened new First Trust Energy AlphaDEX Fund positions in Q1 2017 and 29 closed out, a net change of -9 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q1 2017 was Hays Advisory, an estimated $13.1M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q1 2017 was First Trust Advisors, an estimated $597M sold.
Based on aggregated 13F filings for Q1 2017.