First Trust Energy AlphaDEX Fund
FXN
46 hedge funds and large institutions have $507M invested in First Trust Energy AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 6 reducing their positions, and 2 closing their positions.
400% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 2
317% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 6
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
92% more capital invested
Capital invested by funds: $264M → $507M (+$242M)
21% more funds holding
Funds holding: 38 → 46 (+8)
10.17% more ownership
Funds ownership: 77.31% → 87.48% (+10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$145M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$18.9M |
| 3 |
Goldman Sachs
New York
|
+$10.2M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$9.52M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$9.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$8.16M |
| 2 |
FA
FDx Advisors
Chicago,
Illinois
|
-$1.66M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$167K |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$64.8K |
| 5 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$56.2K |
FXN Hedge Fund Activity: Q1 2014 in Review
46 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q1 2014, worth a combined $507M — up 92% from $264M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FXN positions and 2 closed out — a net gain of 8 holders — while 25 added to existing stakes and 6 trimmed.
The largest buyer was F-Squared Investment Management, adding an estimated $145M. The largest seller was Royal Bank of Canada, cutting an estimated $8.16M.
- 46 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q1 2014, up from 38 in Q4 2013.
- Funds reported $507M of First Trust Energy AlphaDEX Fund stock for Q1 2014, up 92% quarter-over-quarter.
- 10 funds opened new First Trust Energy AlphaDEX Fund positions in Q1 2014 and 2 closed out, a net change of +8 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q1 2014 was F-Squared Investment Management, an estimated $145M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q1 2014 was Royal Bank of Canada, an estimated $8.16M sold.
Based on aggregated 13F filings for Q1 2014.