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First Trust Utilities AlphaDEX Fund

75 hedge funds and large institutions have $111M invested in First Trust Utilities AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 37 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.77% less ownership

Funds ownership: 56.47%53.7% (-2.8%)

5% less funds holding

Funds holding: 7975 (-4)

24% less capital invested

Capital invested by funds: $146M → $111M (-$35.3M)

31% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 13

65% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 37

Holders
75
Holders Change
-4
Holders Change %
-5.06%
% of All Funds
1.51%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
13
Reduced
37
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MAP
26
Milestone Advisory Partners
North Carolina
$405K
Commonwealth Equity Services
27
Commonwealth Equity Services
Massachusetts
$393K -$10.2M -380,437 -96%
NA
28
NewEdge Advisors
Louisiana
$385K -$370K -13,798 -49%
P
29
&Partners
Tennessee
$360K +$364K +13,597 New
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$355K +$15.8K +589 +5%
BFA
31
Beaumont Financial Advisors
Massachusetts
$346K +$350K +13,068 New
RFWA
32
RPg Family Wealth Advisory
Massachusetts
$323K -$7.02K -262 -2%
PAG
33
Private Advisor Group
New Jersey
$298K +$64.5K +2,408 +27%
PSF
34
Pacific Sun Financial
California
$282K -$10.7K -400 -4%
Goldman Sachs
35
Goldman Sachs
New York
$281K
WWM
36
Western Wealth Management
Colorado
$280K +$348 +13 +0.1%
IA
37
IFP Advisors
Florida
$256K
FEM
38
Fulcrum Equity Management
Texas
$255K -$560K -20,894 -68%
CAN
39
Cetera Advisor Networks
California
$214K -$8.82K -329 -4%
SFPG
40
Stonebridge Financial Planning Group
Florida
$169K -$196K -7,318 -55%
APA
41
American Portfolios Advisors
New York
$169K +$9.11K +340 +6%
PNC Financial Services Group
42
PNC Financial Services Group
Pennsylvania
$160K -$25.2K -941 -13%
Citigroup
43
Citigroup
New York
$102K -$21.2K -790 -17%
CFGS
44
Concourse Financial Group Securities
Alabama
$99K
Northwestern Mutual Wealth Management
45
Northwestern Mutual Wealth Management
Wisconsin
$93K +$61.8K +2,307 +191%
FFA
46
Founders Financial Alliance
North Carolina
$71K +$72.9K +2,719 New
ASN
47
Advisory Services Network
Georgia
$70K +$70.6K +2,635 New
WTC
48
WhitTier Trust Company
Nevada
$66K
PFS
49
Prospera Financial Services
Texas
$60K -$1.14M -42,371 -95%
EP
50
Eudaimonia Partners
Tennessee
$49K

FXU Hedge Fund Activity: Q3 2020 in Review

75 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2020, worth a combined $111M — down 24% from $146M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of FXU and 9 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 13 added.

The largest buyer was J. Arnold Wealth Management, adding an estimated $6.54M. The largest seller was Commonwealth Equity Services, cutting an estimated $10.2M.

  • 75 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2020, down from 79 in Q2 2020.
  • Funds reported $111M of First Trust Utilities AlphaDEX Fund stock for Q3 2020, down 24% quarter-over-quarter.
  • 9 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2020 and 13 closed out, a net change of -4 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2020 was J. Arnold Wealth Management, an estimated $6.54M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q3 2020 was Commonwealth Equity Services, an estimated $10.2M sold.

Based on aggregated 13F filings for Q3 2020.