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First Trust Utilities AlphaDEX Fund

110 hedge funds and large institutions have $166M invested in First Trust Utilities AlphaDEX Fund in 2024 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 37 increasing their positions, 30 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

23% more repeat investments, than reductions

Existing positions increased: 37 | Existing positions reduced: 30

14% more capital invested

Capital invested by funds: $146M → $166M (+$20.1M)

7% more funds holding

Funds holding: 103110 (+7)

3.52% more ownership

Funds ownership: 64.85%68.37% (+3.5%)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
110
Holders Change
+7
Holders Change %
+6.8%
% of All Funds
1.59%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
17
Increased
37
Reduced
30
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
$926K -$14.1K -422 -1%
Cambridge Investment Research Advisors
27
Cambridge Investment Research Advisors
Iowa
$849K +$150K +4,482 +21%
AAS
28
Avantax Advisory Services
Texas
$706K +$280K +8,395 +65%
OFS
29
OneAscent Financial Services
Alabama
$660K +$666K +19,944 New
VCM
30
Virtue Capital Management
Tennessee
$641K +$20.2K +606 +3%
NA
31
NewEdge Advisors
Louisiana
$627K -$88.7K -2,659 -12%
WFA
32
WMG Financial Advisors
Tennessee
$584K -$39.7K -1,189 -6%
TWM
33
Trueblood Wealth Management
Ohio
$485K +$108K +3,248 +28%
Corient Private Wealth
34
Corient Private Wealth
Florida
$475K +$36.7K +1,101 +8%
D.E. Shaw & Co
35
D.E. Shaw & Co
New York
$461K +$238K +7,138 +105%
KPWS
36
Kestra Private Wealth Services
Texas
$456K +$460K +13,790 New
RFWA
37
RPg Family Wealth Advisory
Massachusetts
$444K +$59.8K +1,792 +15%
GS
38
GTS Securities
New York
$433K -$1.32M -39,486 -75%
Two Sigma Investments
39
Two Sigma Investments
New York
$427K +$430K +12,900 New
RCAG
40
Rehmann Capital Advisory Group
Michigan
$422K -$9.81K -294 -2%
CCA
41
Cottonwood Capital Advisors
Utah
$415K -$22K -659 -5%
WA
42
Waverly Advisors
Alabama
$412K -$91.8K -2,750 -18%
OCPWS
43
One Charles Private Wealth Services
Massachusetts
$382K +$2.97K +89 +0.8%
BFEC
44
Benjamin F. Edwards & Company
Missouri
$380K +$25.1K +751 +7%
Royal Bank of Canada
45
Royal Bank of Canada
Ontario, Canada
$374K -$98.3K -2,945 -21%
KAS
46
Kestra Advisory Services
Texas
$360K +$15.5K +463 +4%
MWM
47
Meridian Wealth Management
Kentucky
$353K +$356K +10,663 New
FAIM
48
Financial Advocates Investment Management
Washington
$338K +$16.7K +501 +5%
RIA
49
Regal Investment Advisors
Michigan
$335K
SEIA
50
Signature Estate & Investment Advisors
California
$332K +$335K +10,033 New

FXU Hedge Fund Activity: Q2 2024 in Review

110 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2024, worth a combined $166M — up 14% from $146M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new FXU positions and 9 closed out — a net gain of 8 holders — while 37 added to existing stakes and 30 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $5.15M. The largest seller was One Plus One Wealth Management, exiting entirely with an estimated $5.19M sold.

  • 110 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2024, up from 103 in Q1 2024.
  • Funds reported $166M of First Trust Utilities AlphaDEX Fund stock for Q2 2024, up 14% quarter-over-quarter.
  • 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2024 and 9 closed out, a net change of +8 holders.
  • The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2024 was Envestnet Asset Management, an estimated $5.15M added.
  • The largest First Trust Utilities AlphaDEX Fund seller in Q2 2024 was One Plus One Wealth Management, an estimated $5.19M sold.

Based on aggregated 13F filings for Q2 2024.