First Trust Energy AlphaDEX Fund
FXN
46 hedge funds and large institutions have $10.1M invested in First Trust Energy AlphaDEX Fund in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 23 reducing their positions, and 20 closing their positions.
5.22% less ownership
Funds ownership: 37.75% → 32.53% (-5.2%)
26% less funds holding
Funds holding: 62 → 46 (-16)
52% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 23
70% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 20
73% less capital invested
Capital invested by funds: $36.9M → $10.1M (-$26.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.22M |
| 2 |
CWS
Cypress Wealth Services
Palm Desert,
California
|
+$775K |
| 3 |
1W
1776 Wealth
Atlanta,
Georgia
|
+$364K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$120K |
| 5 |
ABC
Associated Banc-Corp
Green Bay,
Wisconsin
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$5.71M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.83M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$669K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$500K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$486K |
FXN Hedge Fund Activity: Q1 2020 in Review
46 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q1 2020, worth a combined $10.1M — down 73% from $36.9M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXN and 6 opened new positions — a net loss of 14 holders — while 23 trimmed existing stakes and 11 added.
The largest buyer was Wells Fargo, adding an estimated $1.22M. The largest seller was Morgan Stanley, cutting an estimated $5.71M.
- 46 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q1 2020, down from 62 in Q4 2019.
- Funds reported $10.1M of First Trust Energy AlphaDEX Fund stock for Q1 2020, down 73% quarter-over-quarter.
- 6 funds opened new First Trust Energy AlphaDEX Fund positions in Q1 2020 and 20 closed out, a net change of -14 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q1 2020 was Wells Fargo, an estimated $1.22M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q1 2020 was Morgan Stanley, an estimated $5.71M sold.
Based on aggregated 13F filings for Q1 2020.