First Trust Energy AlphaDEX Fund
FXN
59 hedge funds and large institutions have $475M invested in First Trust Energy AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 31 increasing their positions, 7 reducing their positions, and 15 closing their positions.
343% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 7
327% more capital invested
Capital invested by funds: $111M → $475M (+$363M)
141.32% more ownership
Funds ownership: 39.29% → 180.62% (+141%)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 15
0% more funds holding
Funds holding: 59 → 59 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$296M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$37.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.3M |
| 4 |
Morgan Stanley
New York
|
+$8.28M |
| 5 |
BAAM
Baker Avenue Asset Management
San Francisco,
California
|
+$4.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$8.55M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.11M |
| 3 |
NA
Navellier & Associates
Reno,
Nevada
|
-$1.54M |
| 4 |
Goldman Sachs
New York
|
-$1.46M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.07M |
FXN Hedge Fund Activity: Q1 2015 in Review
59 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q1 2015, worth a combined $475M — up 327% from $111M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXN positions and 15 closed out — a net gain of 2 holders — while 31 added to existing stakes and 7 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $296M. The largest seller was Astor Investment Management, exiting entirely with an estimated $8.55M sold.
- 59 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q1 2015, unchanged from Q4 2014.
- Funds reported $475M of First Trust Energy AlphaDEX Fund stock for Q1 2015, up 327% quarter-over-quarter.
- 17 funds opened new First Trust Energy AlphaDEX Fund positions in Q1 2015 and 15 closed out, a net change of +2 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q1 2015 was F-Squared Investment Management, an estimated $296M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q1 2015 was Astor Investment Management, an estimated $8.55M sold.
Based on aggregated 13F filings for Q1 2015.