First Trust Utilities AlphaDEX Fund
FXU
120 hedge funds and large institutions have $217M invested in First Trust Utilities AlphaDEX Fund in 2024 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 46 increasing their positions, 27 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
70% more repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 27
30% more capital invested
Capital invested by funds: $166M → $217M (+$50.7M)
9% more funds holding
Funds holding: 110 → 120 (+10)
2.63% more ownership
Funds ownership: 68.37% → 71% (+2.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.03M |
| 2 |
LPL Financial
San Diego,
California
|
+$3.76M |
| 3 |
Morgan Stanley
New York
|
+$3.72M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.72M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$2.59M |
| 2 |
VAS
Vestmark Advisory Solutions
Wakefield,
Massachusetts
|
-$1.83M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
| 4 |
OFS
OneAscent Financial Services
Birmingham,
Alabama
|
-$660K |
| 5 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
-$641K |
FXU Hedge Fund Activity: Q3 2024 in Review
120 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2024, worth a combined $217M — up 30% from $166M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new FXU positions and 12 closed out — a net gain of 12 holders — while 46 added to existing stakes and 27 trimmed.
The largest buyer was Bank of America, adding an estimated $4.03M. The largest seller was Harbour Investments, cutting an estimated $2.59M.
- 120 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2024, up from 110 in Q2 2024.
- Funds reported $217M of First Trust Utilities AlphaDEX Fund stock for Q3 2024, up 30% quarter-over-quarter.
- 24 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2024 and 12 closed out, a net change of +12 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2024 was Bank of America, an estimated $4.03M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2024 was Harbour Investments, an estimated $2.59M sold.
Based on aggregated 13F filings for Q3 2024.