First Trust Utilities AlphaDEX Fund
FXU
77 hedge funds and large institutions have $172M invested in First Trust Utilities AlphaDEX Fund in 2017 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 9 increasing their positions, 38 reducing their positions, and 40 closing their positions.
23% less funds holding
Funds holding: 100 → 77 (-23)
23.37% less ownership
Funds ownership: 83.6% → 60.23% (-23%)
58% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 40
76% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 38
84% less capital invested
Capital invested by funds: $1.09B → $172M (-$916M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
+$1.42M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 3 |
AA
Advisory Alpha
Holland,
Michigan
|
+$1.16M |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$881K |
| 5 |
Millennium Management
New York
|
+$515K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$486M |
| 2 |
Morgan Stanley
New York
|
-$90.6M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$88.4M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$41.6M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$30.5M |
FXU Hedge Fund Activity: Q4 2017 in Review
77 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q4 2017, worth a combined $172M — down 84% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of FXU and 17 opened new positions — a net loss of 23 holders — while 38 trimmed existing stakes and 9 added.
The largest buyer was Benjamin F. Edwards & Company, adding an estimated $1.42M. The largest seller was First Trust Advisors, exiting entirely with an estimated $486M sold.
- 77 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q4 2017, down from 100 in Q3 2017.
- Funds reported $172M of First Trust Utilities AlphaDEX Fund stock for Q4 2017, down 84% quarter-over-quarter.
- 17 funds opened new First Trust Utilities AlphaDEX Fund positions in Q4 2017 and 40 closed out, a net change of -23 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q4 2017 was Benjamin F. Edwards & Company, an estimated $1.42M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q4 2017 was First Trust Advisors, an estimated $486M sold.
Based on aggregated 13F filings for Q4 2017.