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First Trust Utilities AlphaDEX Fund

103 hedge funds and large institutions have $146M invested in First Trust Utilities AlphaDEX Fund in 2024 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 24 increasing their positions, 40 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 9

4% more funds holding

Funds holding: 99103 (+4)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

15.05% less ownership

Funds ownership: 79.9%64.85% (-15%)

25% less capital invested

Capital invested by funds: $195M → $146M (-$48.6M)

40% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 40

Holders
103
Holders Change
+4
Holders Change %
+4.04%
% of All Funds
1.48%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
17
Increased
24
Reduced
40
Closed
9
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MML Investors Services
26
MML Investors Services
Massachusetts
$923K -$122K -3,951 -12%
IWC
27
Integrated Wealth Concepts
Massachusetts
$706K +$671K +21,731 New
NA
28
NewEdge Advisors
Louisiana
$701K -$489K -15,845 -42%
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$688K -$393K -12,723 -38%
Stifel Financial
30
Stifel Financial
Missouri
$653K -$136K -4,407 -18%
Citadel Advisors
31
Citadel Advisors
Florida
$652K +$620K +20,096 New
WFA
32
WMG Financial Advisors
Tennessee
$612K -$55.9K -1,810 -9%
VCM
33
Virtue Capital Management
Tennessee
$580K +$562K +18,203 New
RW
34
Rockport Wealth
Ohio
$511K +$486K +15,744 New
WA
35
Waverly Advisors
Alabama
$494K +$469K +15,212 New
Royal Bank of Canada
36
Royal Bank of Canada
Ontario, Canada
$463K -$663K -21,477 -60%
Susquehanna International Group
37
Susquehanna International Group
Pennsylvania
$449K -$897K -29,070 -68%
Corient Private Wealth
38
Corient Private Wealth
Florida
$430K +$339 +11 +0.1%
RCAG
39
Rehmann Capital Advisory Group
Michigan
$424K -$164K -5,299 -29%
AAS
40
Avantax Advisory Services
Texas
$421K -$29.7K -964 -7%
CCA
41
Cottonwood Capital Advisors
Utah
$415K -$37.6K -1,217 -8%
RFWA
42
RPg Family Wealth Advisory
Massachusetts
$377K -$71.6K -2,321 -17%
OCPWS
43
One Charles Private Wealth Services
Massachusetts
$372K -$3.73K -121 -1%
TWM
44
Trueblood Wealth Management
Ohio
$370K
CBFP
45
Cedar Brook Financial Partners
Ohio
$363K -$6.14K -199 -2%
BFEC
46
Benjamin F. Edwards & Company
Missouri
$348K +$895 +29 +0.3%
KAS
47
Kestra Advisory Services
Texas
$339K -$12.6K -409 -4%
RIA
48
Regal Investment Advisors
Michigan
$328K
FAIM
49
Financial Advocates Investment Management
Washington
$316K +$300K +9,732 New
WWM
50
Western Wealth Management
Colorado
$304K -$3.73K -121 -1%

FXU Hedge Fund Activity: Q1 2024 in Review

103 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2024, worth a combined $146M — down 25% from $195M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FXU positions and 9 closed out — a net gain of 8 holders — while 24 added to existing stakes and 40 trimmed.

The largest buyer was Truist Financial, adding an estimated $1.91M. The largest seller was Morgan Stanley, cutting an estimated $47.5M.

  • 103 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2024, up from 99 in Q4 2023.
  • Funds reported $146M of First Trust Utilities AlphaDEX Fund stock for Q1 2024, down 25% quarter-over-quarter.
  • 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2024 and 9 closed out, a net change of +8 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2024 was Truist Financial, an estimated $1.91M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q1 2024 was Morgan Stanley, an estimated $47.5M sold.

Based on aggregated 13F filings for Q1 2024.