First Trust Energy AlphaDEX Fund
FXN
38 hedge funds and large institutions have $264M invested in First Trust Energy AlphaDEX Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 5 reducing their positions, and 4 closing their positions.
260% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 5
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
43% more capital invested
Capital invested by funds: $185M → $264M (+$79.4M)
12% more funds holding
Funds holding: 34 → 38 (+4)
2.33% more ownership
Funds ownership: 74.98% → 77.31% (+2.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$106M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.29M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$3.28M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$2.94M |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
-$63.5M |
| 2 |
OC
Oppenheimer & Co
New York
|
-$897K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$755K |
| 4 |
VF
Virtu Financial
New York
|
-$726K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$702K |
FXN Hedge Fund Activity: Q4 2013 in Review
38 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q4 2013, worth a combined $264M — up 43% from $185M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FXN positions and 4 closed out — a net gain of 5 holders — while 18 added to existing stakes and 5 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $106M. The largest seller was Navellier & Associates, cutting an estimated $63.5M.
- 38 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q4 2013, up from 34 in Q3 2013.
- Funds reported $264M of First Trust Energy AlphaDEX Fund stock for Q4 2013, up 43% quarter-over-quarter.
- 9 funds opened new First Trust Energy AlphaDEX Fund positions in Q4 2013 and 4 closed out, a net change of +5 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q4 2013 was F-Squared Investment Management, an estimated $106M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q4 2013 was Navellier & Associates, an estimated $63.5M sold.
Based on aggregated 13F filings for Q4 2013.