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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
SFS
51
Sowell Financial Services
Arkansas
$49K
PFBT
52
Parkside Financial Bank & Trust
Missouri
$45K
CSPIA
53
Cary Street Partners Investment Advisory
Virginia
$42K +$42.8K +1,597 New
AAP
54
Arax Advisory Partners
Colorado
$40K -$7.1K -265 -15%
Carson Wealth (CWM LLC)
55
Carson Wealth (CWM LLC)
Nebraska
$38K
LFG
56
LifePlan Financial Group
Ohio
$38K
NC
57
NewSquare Capital
Pennsylvania
$36K -$203K -7,574 -85%
GWM
58
Geneos Wealth Management
Colorado
$35K
CFB
59
Cullen/Frost Bankers
Texas
$26K
NFSG
60
Newbridge Financial Services Group
Florida
$25K +$25.5K +950 New
SPIA
61
Steward Partners Investment Advisory
New York
$22K -$89K -3,320 -80%
JP Morgan Chase
62
JP Morgan Chase
New York
$19K -$936K -34,938 -98%
BFEC
63
Benjamin F. Edwards & Company
Missouri
$18K -$4.88K -182 -21%
AP
64
Atwood & Palmer
Missouri
$15K -$29.6K -1,105 -66%
Deutsche Bank
65
Deutsche Bank
Germany
$14K -$229K -8,544 -94%
Fidelity Investments
66
Fidelity Investments
Massachusetts
$12K -$1.79K -67 -13%
William Blair & Company
67
William Blair & Company
Illinois
$7K
VFA
68
Valeo Financial Advisors
Indiana
$5K
CIAS
69
Capital Investment Advisory Services
North Carolina
$4K
TFA
70
Transamerica Financial Advisors
Florida
$2K -$10.5K -393 -87%
AF
71
Advisornet Financial
Minnesota
$1K
LFG
72
Larson Financial Group
Missouri
$1K +$241 +9 +27%
AA
73
Advisory Alpha
Michigan
$1K +$509 +19 New
NFG
74
Next Financial Group
Texas
$1K +$991 +37 New
HFS
75
Horizon Financial Services
North Carolina
$1K +$1.07K +40 New

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.