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First Trust Energy AlphaDEX Fund

84 hedge funds and large institutions have $114M invested in First Trust Energy AlphaDEX Fund in 2018 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 18 increasing their positions, 33 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

9% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 22

0% more funds holding

Funds holding: 8484 (0)

9.57% less ownership

Funds ownership: 65.05%55.47% (-9.6%)

45% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 33

61% less capital invested

Capital invested by funds: $291M → $114M (-$176M)

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
84
Holders Change
Holders Change %
0%
% of All Funds
1.87%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
24
Increased
18
Reduced
33
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$20.1M -$22.6M -1,544,262 -47%
UBS Group
2
UBS Group
Switzerland
$19.9M +$11.5M +782,490 +83%
Bank of America
3
Bank of America
North Carolina
$12.6M -$5.84M -398,966 -27%
Wells Fargo
4
Wells Fargo
California
$8.5M -$33.3M -2,274,781 -75%
LPL Financial
5
LPL Financial
California
$6.3M -$1.05M -71,653 -12%
RJA
6
Raymond James & Associates
Florida
$4.92M -$14.4M -984,379 -70%
BCI
7
Brinker Capital Investments
Pennsylvania
$4.5M +$5.73M +391,000 New
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$3.51M +$490K +33,439 +12%
Baird Financial Group
9
Baird Financial Group
Wisconsin
$2.99M -$181K -12,330 -5%
RJFSA
10
Raymond James Financial Services Advisors
Florida
$2.51M -$1.84M -125,552 -37%
CG
11
Colony Group
Massachusetts
$2.49M +$3.17M +216,320 New
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$2.47M +$2.77M +188,866 +738%
VF
13
Virtu Financial
New York
$2.27M +$2.89M +197,488 New
TRCT
14
Tower Research Capital (TRC)
New York
$1.54M +$750K +51,172 +62%
TSS
15
Two Sigma Securities
New York
$1.44M +$1.83M +125,109 New
Citadel Advisors
16
Citadel Advisors
Florida
$1.33M +$1.7M +115,951 New
AA
17
Advisory Alpha
Michigan
$1.09M +$96.3K +6,576 +8%
LFAS
18
Level Four Advisory Services
Texas
$1.02M -$114K -7,771 -8%
WI
19
Wintrust Investments
Illinois
$920K -$170K -11,600 -13%
AG
20
Advisor Group
Arizona
$860K -$512K -34,922 -32%
Renaissance Technologies
21
Renaissance Technologies
New York
$794K +$1.01M +69,000 New
Jane Street
22
Jane Street
New York
$783K +$996K +67,994 New
MWC
23
MBM Wealth Consultants
Missouri
$760K +$967K +66,023 New
HCIA
24
Hochman Cole Investment Advisors
Illinois
$722K +$165K +11,288 +22%
Ameriprise
25
Ameriprise
Minnesota
$663K -$388K -26,469 -31%

FXN Hedge Fund Activity: Q4 2018 in Review

84 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q4 2018, worth a combined $114M — down 61% from $291M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new FXN positions and 22 closed out — a net gain of 2 holders — while 18 added to existing stakes and 33 trimmed.

The largest buyer was UBS Group, adding an estimated $11.5M. The largest seller was Wells Fargo, cutting an estimated $33.3M.

  • 84 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q4 2018, unchanged from Q3 2018.
  • Funds reported $114M of First Trust Energy AlphaDEX Fund stock for Q4 2018, down 61% quarter-over-quarter.
  • 24 funds opened new First Trust Energy AlphaDEX Fund positions in Q4 2018 and 22 closed out, a net change of +2 holders.
  • The largest First Trust Energy AlphaDEX Fund buyer in Q4 2018 was UBS Group, an estimated $11.5M added.
  • The largest First Trust Energy AlphaDEX Fund seller in Q4 2018 was Wells Fargo, an estimated $33.3M sold.

Based on aggregated 13F filings for Q4 2018.