First Trust Utilities AlphaDEX Fund
FXU
106 hedge funds and large institutions have $1.5B invested in First Trust Utilities AlphaDEX Fund in 2016 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 40 increasing their positions, 35 reducing their positions, and 9 closing their positions.
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
14% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 35
13% more funds holding
Funds holding: 94 → 106 (+12)
8% more capital invested
Capital invested by funds: $1.39B → $1.5B (+$106M)
5.93% less ownership
Funds ownership: 89.87% → 83.94% (-5.9%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$59.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$19.4M |
| 3 |
Morgan Stanley
New York
|
+$10.2M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$9.01M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$7.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$37.1M |
| 2 |
CI
Cavalier Investments
Alpharetta,
Georgia
|
-$19.7M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$16.6M |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$11.7M |
| 5 |
LPL Financial
San Diego,
California
|
-$5.21M |
FXU Hedge Fund Activity: Q2 2016 in Review
106 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2016, worth a combined $1.5B — up 7.6% from $1.39B a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXU positions and 9 closed out — a net gain of 12 holders — while 40 added to existing stakes and 35 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $59.3M. The largest seller was First Trust Advisors, cutting an estimated $37.1M.
- 106 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2016, up from 94 in Q1 2016.
- Funds reported $1.5B of First Trust Utilities AlphaDEX Fund stock for Q2 2016, up 7.6% quarter-over-quarter.
- 21 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2016 and 9 closed out, a net change of +12 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2016 was RiverFront Investment Group, an estimated $59.3M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q2 2016 was First Trust Advisors, an estimated $37.1M sold.
Based on aggregated 13F filings for Q2 2016.