First Trust Utilities AlphaDEX Fund
FXU
97 hedge funds and large institutions have $222M invested in First Trust Utilities AlphaDEX Fund in 2023 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 30 increasing their positions, 37 reducing their positions, and 20 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
2% more capital invested
Capital invested by funds: $216M → $222M (+$5.13M)
0.36% more ownership
Funds ownership: 66.35% → 66.71% (+0.36%)
6% less funds holding
Funds holding: 103 → 97 (-6)
19% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 37
30% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 20
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $395K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$25.2M |
| 2 |
SMF
Sterling Manor Financial
Saratoga Springs,
New York
|
+$4.11M |
| 3 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
+$3.77M |
| 4 |
Jane Street
New York
|
+$3.26M |
| 5 |
CAM
Concorde Asset Management
Ann Arbor,
Michigan
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.58M |
| 2 |
Morgan Stanley
New York
|
-$6.13M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$5.97M |
| 4 |
LPL Financial
San Diego,
California
|
-$4.45M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$4.27M |
FXU Hedge Fund Activity: Q2 2023 in Review
97 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q2 2023, worth a combined $222M — up 2.4% from $216M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of FXU and 14 opened new positions — a net loss of 6 holders — while 37 trimmed existing stakes and 30 added.
The largest buyer was J. Arnold Wealth Management, adding an estimated $25.2M. The largest seller was UBS Group, cutting an estimated $6.58M.
- 97 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q2 2023, down from 103 in Q1 2023.
- Funds reported $222M of First Trust Utilities AlphaDEX Fund stock for Q2 2023, up 2.4% quarter-over-quarter.
- 14 funds opened new First Trust Utilities AlphaDEX Fund positions in Q2 2023 and 20 closed out, a net change of -6 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q2 2023 was J. Arnold Wealth Management, an estimated $25.2M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q2 2023 was UBS Group, an estimated $6.58M sold.
Based on aggregated 13F filings for Q2 2023.