First Trust Energy AlphaDEX Fund
FXN
83 hedge funds and large institutions have $289M invested in First Trust Energy AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 38 increasing their positions, 20 reducing their positions, and 20 closing their positions.
90% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 20
23% more capital invested
Capital invested by funds: $235M → $289M (+$53.6M)
5.61% more ownership
Funds ownership: 59.35% → 64.96% (+5.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less funds holding
Funds holding: 88 → 83 (-5)
25% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$19.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$14.6M |
| 3 |
Morgan Stanley
New York
|
+$13.8M |
| 4 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$6.36M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$3.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$6.17M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
-$4.87M |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$4.37M |
| 4 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$2.95M |
| 5 |
NL
NWAM LLC
Mercer Island,
Washington
|
-$2.28M |
FXN Hedge Fund Activity: Q3 2018 in Review
83 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q3 2018, worth a combined $289M — up 23% from $235M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXN and 15 opened new positions — a net loss of 5 holders — while 20 trimmed existing stakes and 38 added.
The largest buyer was Wells Fargo, adding an estimated $19.3M. The largest seller was Brinker Capital Investments, exiting entirely with an estimated $6.17M sold.
- 83 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q3 2018, down from 88 in Q2 2018.
- Funds reported $289M of First Trust Energy AlphaDEX Fund stock for Q3 2018, up 23% quarter-over-quarter.
- 15 funds opened new First Trust Energy AlphaDEX Fund positions in Q3 2018 and 20 closed out, a net change of -5 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q3 2018 was Wells Fargo, an estimated $19.3M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q3 2018 was Brinker Capital Investments, an estimated $6.17M sold.
Based on aggregated 13F filings for Q3 2018.