First Trust Utilities AlphaDEX Fund
FXU
74 hedge funds and large institutions have $87.4M invested in First Trust Utilities AlphaDEX Fund in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 34 reducing their positions, and 10 closing their positions.
4% less funds holding
Funds holding: 77 → 74 (-3)
7.12% less ownership
Funds ownership: 55.08% → 47.96% (-7.1%)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
20% less capital invested
Capital invested by funds: $109M → $87.4M (-$21.5M)
62% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$2.36M |
| 2 |
CF
Centaurus Financial
Anaheim,
California
|
+$2.33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.91M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$807K |
| 5 |
WWM
Western Wealth Management
Golden,
Colorado
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JAWM
J. Arnold Wealth Management
Youngstown,
Ohio
|
-$9.17M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.15M |
| 3 |
Truist Financial
Charlotte,
North Carolina
|
-$2.82M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.62M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SS
76
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$1.15M | -40,506 | Closed |
|
77
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$397K | -14,004 | Closed |
|
|
RIA
78
Regal Investment Advisors
Kentwood,
Michigan
| – | -$316K | -11,123 | Closed |
|
|
TSS
79
Two Sigma Securities
New York
| – | -$290K | -10,229 | Closed |
|
|
CAN
80
Cetera Advisor Networks
El Segundo,
California
| – | -$218K | -7,687 | Closed |
|
|
FFA
81
Founders Financial Alliance
Raleigh,
North Carolina
| – | -$76K | -2,724 | Closed |
|
|
ASN
82
Advisory Services Network
Atlanta,
Georgia
| – | -$75K | -2,635 | Closed |
|
|
HFS
83
Horizon Financial Services
Winston Salem,
North Carolina
| – | -$1K | -40 | Closed |
|
FXU Hedge Fund Activity: Q1 2021 in Review
74 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in First Trust Utilities AlphaDEX Fund (FXU) for Q1 2021, worth a combined $87.4M — down 20% from $109M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXU and 9 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 13 added.
The largest buyer was International Assets Investment Management, adding an estimated $2.36M. The largest seller was J. Arnold Wealth Management, cutting an estimated $9.17M.
- 74 institutional investors held First Trust Utilities AlphaDEX Fund (FXU) as of Q1 2021, down from 77 in Q4 2020.
- Funds reported $87.4M of First Trust Utilities AlphaDEX Fund stock for Q1 2021, down 20% quarter-over-quarter.
- 9 funds opened new First Trust Utilities AlphaDEX Fund positions in Q1 2021 and 10 closed out, a net change of -1 holder.
- The largest First Trust Utilities AlphaDEX Fund buyer in Q1 2021 was International Assets Investment Management, an estimated $2.36M added.
- The largest First Trust Utilities AlphaDEX Fund seller in Q1 2021 was J. Arnold Wealth Management, an estimated $9.17M sold.
Based on aggregated 13F filings for Q1 2021.