First Trust Energy AlphaDEX Fund
FXN
60 hedge funds and large institutions have $636M invested in First Trust Energy AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 23 increasing their positions, 17 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
35% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 17
30% more funds holding
Funds holding: 46 → 60 (+14)
25% more capital invested
Capital invested by funds: $507M → $636M (+$129M)
13.28% more ownership
Funds ownership: 87.48% → 100.76% (+13%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$68.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$61.5M |
| 3 |
Morgan Stanley
New York
|
+$17.1M |
| 4 |
LPL Financial
San Diego,
California
|
+$12.3M |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$10.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$105M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$17.9M |
| 3 |
Goldman Sachs
New York
|
-$6.98M |
| 4 |
PI
Placemark Investments
Chicago,
Illinois
|
-$5.72M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$3.66M |
FXN Hedge Fund Activity: Q2 2014 in Review
60 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q2 2014, worth a combined $636M — up 25% from $507M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new FXN positions and 4 closed out — a net gain of 14 holders — while 23 added to existing stakes and 17 trimmed.
The largest buyer was Bank of America, adding an estimated $68.6M. The largest seller was F-Squared Investment Management, cutting an estimated $105M.
- 60 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q2 2014, up from 46 in Q1 2014.
- Funds reported $636M of First Trust Energy AlphaDEX Fund stock for Q2 2014, up 25% quarter-over-quarter.
- 18 funds opened new First Trust Energy AlphaDEX Fund positions in Q2 2014 and 4 closed out, a net change of +14 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q2 2014 was Bank of America, an estimated $68.6M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q2 2014 was F-Squared Investment Management, an estimated $105M sold.
Based on aggregated 13F filings for Q2 2014.