First Trust Utilities AlphaDEX Fund
FXU
54 hedge funds and large institutions have $521M invested in First Trust Utilities AlphaDEX Fund in 2014 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 17 increasing their positions, 8 reducing their positions, and 3 closing their positions.
833% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 3
450% more capital invested
Capital invested by funds: $94.7M → $521M (+$426M)
113% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 8
80% more funds holding
Funds holding: 30 → 54 (+24)
22.52% more ownership
Funds ownership: 67.6% → 90.12% (+23%)
22% less call options, than puts
Call options by funds: $439K | Put options by funds: $563K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
+$213M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$29.2M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$21.9M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$21.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$15.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$3.03M |
| 2 |
Goldman Sachs
New York
|
-$894K |
| 3 |
NES
New England Securities
New York
|
-$619K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$265K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$116K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
51
Next Financial Group
Houston,
Texas
| $25K | +$25.1K | +1,100 | New |
|
|
BC
52
Bartlett & Co
Cincinnati,
Ohio
| $21K | +$20.6K | +900 | New |
|
|
WA
53
WFG Advisors
Dallas,
Texas
| $18K | +$183 | +8 | +1% |
|
|
TIM
54
Tortoise Investment Management
White Plains,
New York
| $6K | – | – | – |
|
|
55
Stifel Financial
St. Louis,
Missouri
| – | -$3.03M | -136,167 | Closed |
|
|
AC
56
Alexandria Capital
Arlington,
Virginia
| – | -$4K | -172 | Closed |
|
57
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$3K | -155 | Closed |
|
FXU Hedge Fund Activity: Q2 2014 in Review
54 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2014, worth a combined $521M — up 450% from $94.7M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new FXU positions and 3 closed out — a net gain of 25 holders — while 17 added to existing stakes and 8 trimmed.
The largest buyer was F-Squared Investment Management, opening a new position worth an estimated $213M. The largest seller was Stifel Financial, exiting entirely with an estimated $3.03M sold.
- 54 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2014, up from 30 in Q1 2014.
- Funds reported $521M of First Trust Utilities AlphaDEX Fund stock for Q2 2014, up 450% quarter-over-quarter.
- 28 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2014 and 3 closed out, a net change of +25 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2014 was F-Squared Investment Management, an estimated $213M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q2 2014 was Stifel Financial, an estimated $3.03M sold.
Based on aggregated 13F filings for Q2 2014.