First Trust Energy AlphaDEX Fund
FXN
63 hedge funds and large institutions have $304M invested in First Trust Energy AlphaDEX Fund in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 23 increasing their positions, 22 reducing their positions, and 11 closing their positions.
27% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 11
5% more funds holding
Funds holding: 60 → 63 (+3)
5% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 22
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
52% less capital invested
Capital invested by funds: $636M → $304M (-$332M)
55.69% less ownership
Funds ownership: 100.76% → 45.06% (-56%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Shamrock Asset Management
Dallas,
Texas
|
+$26.2M |
| 2 |
HA
Hays Advisory
Franklin,
Tennessee
|
+$21.2M |
| 3 |
Jane Street
New York
|
+$11.1M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$9.22M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$212M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$59.7M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$30.2M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$22.8M |
| 5 |
LPL Financial
San Diego,
California
|
-$10.5M |
FXN Hedge Fund Activity: Q3 2014 in Review
63 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q3 2014, worth a combined $304M — down 52% from $636M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXN positions and 11 closed out — a net gain of 3 holders — while 23 added to existing stakes and 22 trimmed.
The largest buyer was Shamrock Asset Management, adding an estimated $26.2M. The largest seller was F-Squared Investment Management, cutting an estimated $212M.
- 63 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q3 2014, up from 60 in Q2 2014.
- Funds reported $304M of First Trust Energy AlphaDEX Fund stock for Q3 2014, down 52% quarter-over-quarter.
- 14 funds opened new First Trust Energy AlphaDEX Fund positions in Q3 2014 and 11 closed out, a net change of +3 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q3 2014 was Shamrock Asset Management, an estimated $26.2M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q3 2014 was F-Squared Investment Management, an estimated $212M sold.
Based on aggregated 13F filings for Q3 2014.