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First Trust Utilities AlphaDEX Fund
FXU

98 hedge funds and large institutions have $136M invested in First Trust Utilities AlphaDEX Fund in 2023 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 19 increasing their positions, 42 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 2 → 3 (+1)

1% more funds holding

Funds holding: 97 → 98 (+1)

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

7.05% less ownership

Funds ownership: 66.71% → 59.66% (-7.1%)

39% less capital invested

Capital invested by funds: $222M → $136M (-$85.9M)

55% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 42

Holders
98
Holders Change
+1
Holders Change %
+1.03%
% of All Funds
1.56%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.05%
New
16
Increased
19
Reduced
42
Closed
15
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
OPOWM
One Plus One Wealth Management
Florida
+$5M
2
PCH
PGIM Custom Harvest
New Jersey
+$2.06M
3
WA
Win Advisors
Florida
+$1.74M
4
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$614K
5
JIP
Jaffetilchin Investment Partners
Florida
+$480K

Top Sellers

Rank Fund Capital Flow
1
JAWM
J. Arnold Wealth Management
Ohio
-$24.4M
2
Morgan Stanley
Morgan Stanley
New York
-$14.7M
3
Wells Fargo
Wells Fargo
California
-$6.78M
4
LPL Financial
LPL Financial
California
-$5.18M
5
SMF
Sterling Manor Financial
New York
-$4.03M
Name Holding Trade Value Shares
Change 		Change in
Stake
JAWM
26
J. Arnold Wealth Management
Ohio
$1.09M -$24.4M -783,325 -95%
Susquehanna International Group
27
Susquehanna International Group
Pennsylvania
$1.04M -$2.92M -93,698 -72%
Cambridge Investment Research Advisors
28
Cambridge Investment Research Advisors
Iowa
$988K -$253K -8,121 -19%
Royal Bank of Canada
29
Royal Bank of Canada
Ontario, Canada
$852K +$96.7K +3,100 +12%
Stifel Financial
30
Stifel Financial
Missouri
$659K -$148K -4,738 -17%
Citadel Advisors
31
Citadel Advisors
Florida
$652K -$991K -31,774 -58%
KNW
32
Kesler Norman & Wride
Utah
$612K – – –
MML Investors Services
33
MML Investors Services
Massachusetts
$607K +$226K +7,234 +52%
WFA
34
WMG Financial Advisors
Tennessee
$596K -$613K -19,664 -49%
TRCT
35
Tower Research Capital (TRC)
New York
$569K +$69.3K +2,223 +13%
RCAG
36
Rehmann Capital Advisory Group
Michigan
$550K -$154K -4,932 -20%
KAS
37
Kestra Advisory Services
Texas
$539K -$1.24M -39,886 -68%
DC
38
Davenport & Co
Virginia
$458K +$136K +4,358 +37%
SFG
39
StrategIQ Financial Group
Indiana
$451K – – –
JIP
40
Jaffetilchin Investment Partners
Florida
$439K +$480K +15,383 New
MAP
41
Milestone Advisory Partners
North Carolina
$437K – – –
CI
42
CX Institutional
Indiana
$420K +$459K +14,716 New
CCA
43
Cottonwood Capital Advisors
Utah
$414K -$46K -1,474 -9%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$399K +$398K +12,755 New
HWM
45
HB Wealth Management
Georgia
$392K – – –
MSAM
46
Moloney Securities Asset Management
Missouri
$390K -$210K -6,727 -33%
PAG
47
Private Advisor Group
New Jersey
$384K -$80K -2,566 -16%
MWM
48
Meridian Wealth Management
Kentucky
$352K – – –
EH
49
Equitable Holdings
New York
$323K -$24.8K -794 -7%
AAS
50
Avantax Advisory Services
Texas
$321K +$106K +3,401 +43%
1
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3 4 5

FXU Hedge Fund Activity: Q3 2023 in Review

98 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2023, worth a combined $136M — down 39% from $222M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new FXU positions and 15 closed out — a net gain of 1 holder — while 19 added to existing stakes and 42 trimmed.

The largest buyer was One Plus One Wealth Management, opening a new position worth an estimated $5M. The largest seller was J. Arnold Wealth Management, cutting an estimated $24.4M.

  • 98 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2023, up from 97 in Q2 2023.
  • Funds reported $136M of First Trust Utilities AlphaDEX Fund stock for Q3 2023, down 39% quarter-over-quarter.
  • 16 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2023 and 15 closed out, a net change of +1 holder.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2023 was One Plus One Wealth Management, an estimated $5M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q3 2023 was J. Arnold Wealth Management, an estimated $24.4M sold.

Based on aggregated 13F filings for Q3 2023.