First Trust Utilities AlphaDEX Fund
FXU
79 hedge funds and large institutions have $146M invested in First Trust Utilities AlphaDEX Fund in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 43 reducing their positions, and 26 closing their positions.
16% less funds holding
Funds holding: 94 → 79 (-15)
23.66% less ownership
Funds ownership: 80.13% → 56.47% (-24%)
58% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 26
77% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 43
77% less capital invested
Capital invested by funds: $633M → $146M (-$487M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$1.88M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.39M |
| 3 |
Jane Street
New York
|
+$1.12M |
| 4 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$834K |
| 5 |
FEM
Fulcrum Equity Management
Plano,
Texas
|
+$802K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$330M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$41.8M |
| 3 |
Morgan Stanley
New York
|
-$37.7M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$14.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$13.3M |
FXU Hedge Fund Activity: Q2 2020 in Review
79 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2020, worth a combined $146M — down 77% from $633M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FXU and 11 opened new positions — a net loss of 15 holders — while 43 trimmed existing stakes and 10 added.
The largest buyer was Virtue Capital Management, opening a new position worth an estimated $1.88M. The largest seller was First Trust Advisors, exiting entirely with an estimated $330M sold.
- 79 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2020, down from 94 in Q1 2020.
- Funds reported $146M of First Trust Utilities AlphaDEX Fund stock for Q2 2020, down 77% quarter-over-quarter.
- 11 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2020 and 26 closed out, a net change of -15 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2020 was Virtue Capital Management, an estimated $1.88M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q2 2020 was First Trust Advisors, an estimated $330M sold.
Based on aggregated 13F filings for Q2 2020.