First Trust Utilities AlphaDEX Fund
FXU
30 hedge funds and large institutions have $94.7M invested in First Trust Utilities AlphaDEX Fund in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 1 closing their positions.
700% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 1
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
30% more funds holding
Funds holding: 23 → 30 (+7)
30% more capital invested
Capital invested by funds: $73M → $94.7M (+$21.7M)
0.34% less ownership
Funds ownership: 67.94% → 67.6% (-0.34%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.34M |
| 2 |
Morgan Stanley
New York
|
+$1.81M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$1.53M |
| 4 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$879K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$428K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$406K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$57.6K |
| 4 |
LPL Financial
San Diego,
California
|
-$30.5K |
| 5 |
Goldman Sachs
New York
|
-$4.14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $17K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $10K | – | – | – |
|
|
TIM
28
Tortoise Investment Management
White Plains,
New York
| $6K | – | – | – |
|
|
AC
29
Alexandria Capital
Arlington,
Virginia
| $4K | – | – | – |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $3K | +$3.25K | +155 | New |
|
|
31
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$406K | -20,010 | Closed |
|
FXU Hedge Fund Activity: Q1 2014 in Review
30 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2014, worth a combined $94.7M — up 30% from $73M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new FXU positions and 1 closed out — a net gain of 7 holders — while 13 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $5.34M. The largest seller was Credit Suisse, cutting an estimated $428K.
- 30 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2014, up from 23 in Q4 2013.
- Funds reported $94.7M of First Trust Utilities AlphaDEX Fund stock for Q1 2014, up 30% quarter-over-quarter.
- 8 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2014 and 1 closed out, a net change of +7 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2014 was Bank of America, an estimated $5.34M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2014 was Credit Suisse, an estimated $428K sold.
Based on aggregated 13F filings for Q1 2014.