First Trust Utilities AlphaDEX Fund
FXU
63 hedge funds and large institutions have $146M invested in First Trust Utilities AlphaDEX Fund in 2015 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 26 reducing their positions, and 14 closing their positions.
52% more call options, than puts
Call options by funds: $343K | Put options by funds: $225K
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
5% less funds holding
Funds holding: 66 → 63 (-3)
27% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 26
80% less capital invested
Capital invested by funds: $739M → $146M (-$593M)
137.15% less ownership
Funds ownership: 199.04% → 61.89% (-137%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.29M |
| 2 |
Goldman Sachs
New York
|
+$3.25M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.95M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.47M |
| 5 |
SAM
SignalPoint Asset Management
Springfield,
Missouri
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FSIM
F-Squared Investment Management
Wellesley,
Massachusetts
|
-$355M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$91.6M |
| 3 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$42.8M |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$30.2M |
| 5 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$5.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$9K | -346 | Closed |
|
FXU Hedge Fund Activity: Q1 2015 in Review
63 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2015, worth a combined $146M — down 80% from $739M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FXU and 13 opened new positions — a net loss of 1 holder — while 26 trimmed existing stakes and 19 added.
The largest buyer was Morgan Stanley, adding an estimated $6.29M. The largest seller was F-Squared Investment Management, exiting entirely with an estimated $355M sold.
- 63 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2015, down from 66 in Q4 2014.
- Funds reported $146M of First Trust Utilities AlphaDEX Fund stock for Q1 2015, down 80% quarter-over-quarter.
- 13 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2015 and 14 closed out, a net change of -1 holder.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2015 was Morgan Stanley, an estimated $6.29M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2015 was F-Squared Investment Management, an estimated $355M sold.
Based on aggregated 13F filings for Q1 2015.