First Trust Energy AlphaDEX Fund
FXN
126 hedge funds and large institutions have $237M invested in First Trust Energy AlphaDEX Fund in 2024 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 34 increasing their positions, 48 reducing their positions, and 16 closing their positions.
44% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 16
3% more funds holding
Funds holding: 122 → 126 (+4)
0.34% more ownership
Funds ownership: 61.15% → 61.49% (+0.34%)
9% less capital invested
Capital invested by funds: $259M → $237M (-$22.5M)
29% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 48
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$3.07M |
| 2 |
Jane Street
New York
|
+$1.7M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$868K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$724K |
| 5 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
+$713K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.15M |
| 2 |
LPL Financial
San Diego,
California
|
-$7.87M |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
-$5.86M |
| 4 |
Morgan Stanley
New York
|
-$3.93M |
| 5 |
Tudor Investment Corp
Stamford,
Connecticut
|
-$1.58M |
FXN Hedge Fund Activity: Q4 2024 in Review
126 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in First Trust Energy AlphaDEX Fund (FXN) for Q4 2024, worth a combined $237M — down 8.7% from $259M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new FXN positions and 16 closed out — a net gain of 7 holders — while 34 added to existing stakes and 48 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $3.07M. The largest seller was Envestnet Asset Management, cutting an estimated $9.15M.
- 126 institutional investors held First Trust Energy AlphaDEX Fund (FXN) as of Q4 2024, up from 122 in Q3 2024.
- Funds reported $237M of First Trust Energy AlphaDEX Fund stock for Q4 2024, down 8.7% quarter-over-quarter.
- 23 funds opened new First Trust Energy AlphaDEX Fund positions in Q4 2024 and 16 closed out, a net change of +7 holders.
- The largest First Trust Energy AlphaDEX Fund buyer in Q4 2024 was Independent Advisor Alliance, an estimated $3.07M added.
- The largest First Trust Energy AlphaDEX Fund seller in Q4 2024 was Envestnet Asset Management, an estimated $9.15M sold.
Based on aggregated 13F filings for Q4 2024.