First Trust Utilities AlphaDEX Fund
FXU
75 hedge funds and large institutions have $111M invested in First Trust Utilities AlphaDEX Fund in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 37 reducing their positions, and 13 closing their positions.
2.77% less ownership
Funds ownership: 56.47% → 53.7% (-2.8%)
5% less funds holding
Funds holding: 79 → 75 (-4)
24% less capital invested
Capital invested by funds: $146M → $111M (-$35.3M)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
65% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
+$6.54M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$528K |
| 3 |
P
&Partners
Nashville,
Tennessee
|
+$364K |
| 4 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$350K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$325K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$10.2M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$5.16M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$4.79M |
| 4 |
Morgan Stanley
New York
|
-$4.26M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$3.42M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Jane Street
New York
| – | -$2.48M | -96,225 | Closed |
|
|
TI
77
Trexquant Investment
Stamford,
Connecticut
| – | -$818K | -31,743 | Closed |
|
|
TSS
78
Two Sigma Securities
New York
| – | -$652K | -25,280 | Closed |
|
|
UCFA
79
United Capital Financial Advisors
Irving,
Texas
| – | -$390K | -15,123 | Closed |
|
|
CWM
80
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$367K | -14,222 | Closed |
|
|
RIA
81
Realta Investment Advisors
Wilmington,
Delaware
| – | -$343K | -13,311 | Closed |
|
|
RIA
82
Regal Investment Advisors
Kentwood,
Michigan
| – | -$343K | -13,301 | Closed |
|
|
COF
83
Capital One Financial
Mclean,
Virginia
| – | -$339K | -13,157 | Closed |
|
|
RCAG
84
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$267K | -10,369 | Closed |
|
|
FEG
85
Financial Enhancement Group
Anderson,
Indiana
| – | -$147K | -5,717 | Closed |
|
|
AWA
86
Arkadios Wealth Advisors
Atlanta,
Georgia
| – | -$34K | -1,281 | Closed |
|
|
WR
87
Watson Rebecca
| – | -$4K | -160 | Closed |
|
88
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$1K | -47 | Closed |
|
FXU Hedge Fund Activity: Q3 2020 in Review
75 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q3 2020, worth a combined $111M — down 24% from $146M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXU and 9 opened new positions — a net loss of 4 holders — while 37 trimmed existing stakes and 13 added.
The largest buyer was J. Arnold Wealth Management, adding an estimated $6.54M. The largest seller was Commonwealth Equity Services, cutting an estimated $10.2M.
- 75 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q3 2020, down from 79 in Q2 2020.
- Funds reported $111M of First Trust Utilities AlphaDEX Fund stock for Q3 2020, down 24% quarter-over-quarter.
- 9 funds opened new First Trust Utilities AlphaDEX Fund positions in Q3 2020 and 13 closed out, a net change of -4 holders.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q3 2020 was J. Arnold Wealth Management, an estimated $6.54M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q3 2020 was Commonwealth Equity Services, an estimated $10.2M sold.
Based on aggregated 13F filings for Q3 2020.