First Trust Energy AlphaDEX Fund
FXN
91 hedge funds and large institutions have $1.26B invested in First Trust Energy AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 43 increasing their positions, 19 reducing their positions, and 10 closing their positions.
126% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 19
100% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 10
15% more capital invested
Capital invested by funds: $1.1B → $1.26B (+$161M)
11% more funds holding
Funds holding: 82 → 91 (+9)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
109.87% less ownership
Funds ownership: 192.57% → 82.7% (-110%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$43.9M |
| 2 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$20.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$19.1M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.07M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$8.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$37.7M |
| 2 |
LPL Financial
San Diego,
California
|
-$6.09M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.83M |
| 4 |
Goldman Sachs
New York
|
-$4.2M |
| 5 |
AIG
American International Group
New York
|
-$2.52M |
FXN Hedge Fund Activity: Q2 2016 in Review
91 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q2 2016, worth a combined $1.26B — up 15% from $1.1B a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new FXN positions and 10 closed out — a net gain of 10 holders — while 43 added to existing stakes and 19 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $43.9M. The largest seller was First Trust Advisors, cutting an estimated $37.7M.
- 91 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q2 2016, up from 82 in Q1 2016.
- Funds reported $1.26B of First Trust Energy AlphaDEX Fund stock for Q2 2016, up 15% quarter-over-quarter.
- 20 funds opened new First Trust Energy AlphaDEX Fund positions in Q2 2016 and 10 closed out, a net change of +10 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q2 2016 was Morgan Stanley, an estimated $43.9M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q2 2016 was First Trust Advisors, an estimated $37.7M sold.
Based on aggregated 13F filings for Q2 2016.