First Trust Utilities AlphaDEX Fund
FXU
76 hedge funds and large institutions have $206M invested in First Trust Utilities AlphaDEX Fund in 2018 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 25 increasing their positions, 20 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
25% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 20
22% more capital invested
Capital invested by funds: $169M → $206M (+$36.9M)
6% more funds holding
Funds holding: 72 → 76 (+4)
4.58% less ownership
Funds ownership: 66.03% → 61.46% (-4.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$16.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$6.29M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.47M |
| 4 |
VF
Virtu Financial
New York
|
+$3.56M |
| 5 |
WP
WealthSource Partners
San Luis Obispo,
California
|
+$2.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$4.14M |
| 2 |
LPL Financial
San Diego,
California
|
-$2.11M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.36M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.32M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$707K | -26,999 | Closed |
|
|
ACM
77
AlphaStar Capital Management
Cornelius,
North Carolina
| – | -$261K | -9,955 | Closed |
|
78
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$54K | -2,056 | Closed |
|
79
SEI Investments
Oaks,
Pennsylvania
| – | -$28K | -1,061 | Closed |
|
|
TFS
80
TrustCore Financial Services
Brentwood,
Tennessee
| – | -$19K | -720 | Closed |
|
|
AWA
81
Acorn Wealth Advisors
Grand Blanc,
Michigan
| – | -$11K | -421 | Closed |
|
82
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -324 | Closed |
|
83
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$2K | -78 | Closed |
|
FXU Hedge Fund Activity: Q3 2018 in Review
76 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2018, worth a combined $206M — up 22% from $169M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new FXU positions and 8 closed out — a net gain of 5 holders — while 25 added to existing stakes and 20 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $16.3M. The largest seller was Bank of America, cutting an estimated $4.14M.
- 76 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2018, up from 72 in Q2 2018.
- Funds reported $206M of First Trust Utilities AlphaDEX Fund stock for Q3 2018, up 22% quarter-over-quarter.
- 13 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2018 and 8 closed out, a net change of +5 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2018 was Morgan Stanley, an estimated $16.3M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2018 was Bank of America, an estimated $4.14M sold.
Based on aggregated 13F filings for Q3 2018.