First Trust Utilities AlphaDEX Fund
FXU
80 hedge funds and large institutions have $151M invested in First Trust Utilities AlphaDEX Fund in 2022 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 26 increasing their positions, 25 reducing their positions, and 12 closing their positions.
58% more capital invested
Capital invested by funds: $95.5M → $151M (+$55.4M)
10.1% more ownership
Funds ownership: 51.24% → 61.33% (+10%)
4% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 25
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
4% less funds holding
Funds holding: 83 → 80 (-3)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Congress Wealth Management
Boston,
Massachusetts
|
+$45.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.47M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
+$3.24M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.73M |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
-$4.47M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$3.84M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.15M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.56M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$527K |
FXU Hedge Fund Activity: Q1 2022 in Review
80 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2022, worth a combined $151M — up 58% from $95.5M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FXU and 11 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 26 added.
The largest buyer was Congress Wealth Management, opening a new position worth an estimated $45.9M. The largest seller was Sterling Manor Financial, cutting an estimated $4.47M.
- 80 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2022, down from 83 in Q4 2021.
- Funds reported $151M of First Trust Utilities AlphaDEX Fund stock for Q1 2022, up 58% quarter-over-quarter.
- 11 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2022 and 12 closed out, a net change of -1 holder.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2022 was Congress Wealth Management, an estimated $45.9M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2022 was Sterling Manor Financial, an estimated $4.47M sold.
Based on aggregated 13F filings for Q1 2022.