First Trust Energy AlphaDEX Fund
FXN
88 hedge funds and large institutions have $235M invested in First Trust Energy AlphaDEX Fund in 2018 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 31 increasing their positions, 20 reducing their positions, and 9 closing their positions.
137% more capital invested
Capital invested by funds: $99.2M → $235M (+$136M)
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
55% more repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 20
13% more funds holding
Funds holding: 78 → 88 (+10)
10.96% more ownership
Funds ownership: 48.4% → 59.35% (+11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
Navellier & Associates
Reno,
Nevada
|
+$21.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$18.7M |
| 3 |
Morgan Stanley
New York
|
+$18.6M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$11.6M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$7.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$2.22M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$1.31M |
| 3 |
Jane Street
New York
|
-$649K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$499K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$423K |
FXN Hedge Fund Activity: Q2 2018 in Review
88 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q2 2018, worth a combined $235M — up 137% from $99.2M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXN positions and 9 closed out — a net gain of 12 holders — while 31 added to existing stakes and 20 trimmed.
The largest buyer was Navellier & Associates, opening a new position worth an estimated $21.9M. The largest seller was Merriman Wealth Management, exiting entirely with an estimated $2.22M sold.
- 88 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q2 2018, up from 78 in Q1 2018.
- Funds reported $235M of First Trust Energy AlphaDEX Fund stock for Q2 2018, up 137% quarter-over-quarter.
- 21 funds opened new First Trust Energy AlphaDEX Fund positions in Q2 2018 and 9 closed out, a net change of +12 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q2 2018 was Navellier & Associates, an estimated $21.9M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q2 2018 was Merriman Wealth Management, an estimated $2.22M sold.
Based on aggregated 13F filings for Q2 2018.